The Bank of England reports losing billions on bond sales as the Conservative Party publishes a new spending reduction plan.

The entities involved

• Bank of England →

  central bank of the United Kingdom

  • Central banks, including the ECB, FED, Bank of Japan, and Bank of England, are holding rate meetings and addressing inflation in response to the Iran war.Mon 12:14
  • The Bank of England may realign its monetary policy stance with the European Central Bank and Bank of Japan regarding future rate hikes.Mon 12:14
• Conservative Party →

  political party in Romania founded in 1991

  • Andy Burnham resigned his Greater Manchester mayoralty and officially challenged Keir Starmer for the leadership of the party, with Lisa Nandy offering support.Mon 15:05

Related events

• UK's exit from the EU has influenced Bank of England policy, with economists from Morgan Stanley and Rabobank commenting on the impact on UK gilt yields.Sep 17
• The Bank of England and UK Treasury are implicated in the 1992 currency crisis.Aug 17
• Savings rates eased following a cut in borrowing costs by the Bank of England.Jul 25
• Rising bond yields are pressuring funding costs for UK financial institutions, including the Bank of England and Coventry Building Society.Sep 3