Bond traders: Bank of England gilt shake-up would ‘concentrate risks’ in market meltdown Markets Bank of England plans to reduce the bond market’s vulnerability to a Liz Truss-style crash would fail to improve financial stability and could make stress points worse, according to gilt traders and hedge funds polled by the Bank. Responses to the central bank’s plans to overhaul its regulation of the gilt repo market showed market [...]
Liz Truss sends cease and desist letter to Starmer over economy crash claims Politics Liz Truss has sent a cease and desist letter to Keir Starmer demanding he stops claiming she crashed the economy. Lawyers acting on behalf of the former Prime Minister wrote that the statement is “false and defamatory”, in a letter to Starmer in which they threatened to pursue legal action if he keeps making the [...]