Bank of England ceases bond-buying after spending £19.3bn

8 comments
  1. Not quite £65 billion but still an unnecessary & substantial amount, around 2.5x the amount keeping the £20 universal credit uplift would have cost for a year.

  2. Buy liquid assets in the all-time everything bubble? There seems to be no escape from what’s about to happen.

  3. Promoting Hunt to Chancellor is hardly a confidence-inspiring mood. The pound went down with the announcement and the government’s indecisiveness over what they are actually doing is only going to magnify that.

  4. I was going to buy a house this month. Now I can’t

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    3 years.

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    I had been saving for 3 years and they’ve FUCKED it

  5. So they buy their own stuff to make it seem like there’s demand and keep the price high but only up to an amount that seems reasonable? And people just accept this stuff? Okay.

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