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Old 28-09-2022, 15:47   #436
denphone
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Re: New Prime Minister: Liz Truss

Quote:
Originally Posted by Dave42 View Post
Bank of England launches bond-buying programme to prevent 'material risk' to UK financial stability

https://news.sky.com/story/bank-of-e...panic-12706827

so basically the BOE trying to save the country from it own government
Had they not intervened pension funds were on the imminent brink of insolvency which is why the Bank of England had to act.

---------- Post added at 15:47 ---------- Previous post was at 15:41 ----------

Quote:
Originally Posted by jfman View Post
I genuinely didn’t think this year could get any funnier than Boris being kicked out by his own backbenchers. But the Tories implosion from here very well could top that.
Given the chaos of 4 leaders in 6 years they might try to get rid of Truss but the problem there is unless the leadership rules are changed they cannot have a leadership contest for another 11 months.

There is of course a small possibililty of a no confidence vote but that would be like turkey's voting for Christmas.
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