I know there are bigger things happening in UK markets today, but this Harry Potter exchange in the BOE's first MPC meeting after the Brexit vote is really something. (The rest of the transcripts are fascinating too)
Read more here: https://t.co/158fOcan23
With the ferocious gilt selloff spreading to stocks and sterling, Chancellor @RachelReevesMP joined me on @BloombergTV to attempt to calm the markets
She vowed “economic and fiscal stability”
Watch here and read the writeup via @Joe_Mayes: https://t.co/jW4dCs3z7e
I'll be hosting a post-Budget live Q&A -- a new feature on Bloomberg! -- with @John_Stepek, @_DavidGoodman and @MorwennaConiam
Join us at 3.15pm at the link below:
What does Rachel Reeves' first UK budget mean for business and your money?
🎧 Ask Bloomberg experts your questions in our Live Q&A https://t.co/evHdVruKen
New: I sat down with Keir Starmer earlier today for @BloombergUK to discuss Europe’s political shift to the right, concerns about Joe Biden, Ukraine, Israel, economic growth and if he’s got a secret plan to raise taxes on banks.
Here’s what he said 🧵
https://t.co/D8scefulQe
Bloomberg experts answer questions on what the UK election means for markets, business and the economy. Follow our live updates https://t.co/kpZfKTp8VI
The BoE’s pandemic QE - £450bn of money printing that former perm sec Macpherson and governor Mervyn King say contributed to inflation - accounts for the entire £115bn bill in QE losses that the taxpayer must cover.
Story with @_DavidGoodman https://t.co/5bIczLTMCo
Investors are getting worried that a Labour govt would change the Bank of England’s QE arrangements to raise £1.5bn by reducing debt interest payments, UBS analysts say. The money would come from high street bank profits. https://t.co/tmUz2n42cK