BSS
  10 Oct 2022, 13:05

Bank of England announces more market support measures

LONDON, Oct 10, 2022 (BSS/AFP) - The Bank of England on Monday said it was

launching a temporary facility aimed at easing liquidity pressures that arose
after the UK government's budget shocked markets.

The BoE "announces additional measures to support market functioning", said a
statement, adding the central bank was ready to increase the size of its UK
government bond purchases under an emergency measure due to end Friday.