Only £5bn of a potential £65bn has been spent to date but the Bank says it is doubling the amount it can spend daily to £10bn in the final four days of emergency intervention
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The Bank of England has announced it is doubling the value of UK government bonds it can buy up as it enters the final days of its emergency bond buying programme in an effort to support the pension market and allay fears of a cliff edge ending.- a measure it said would end on 14 October.
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Bank of England boosts plan to calm market turmoilThe Bank of England will increase the daily limit on its emergency bond-buying programme during its final week.
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