The 2-Minute Rule for Urgent Message for UK to Wake Up to Ticking Timebomb
The probable scale of the disaster was designed evident to BoE governor Andrew Bailey in an e-mail from an LDI supervisor on Wednesday, titled “urgent message” since the gilt industry rout was nearing its height.The Bank of England is under pressure to tighten its scrutiny above the “time-bomb” hedging tactics of pensions cash right after i