BBCNEWS The Context with Christian Fraser July 7, 2024
welcome to the programme. amid the turmoil in uk markets this week, the chancellor met the us banks today and was told in no uncertain terms that his budget which he has planned for november is "way too far away". the government needs to communicate much sooner, said the banks, on what the solution will be to the problem the city believes they created. it has been another chaotic day on the markets. this morning, the bank of england performed a screeching u—turn, putting the brakes on its plan to sell government bonds and instead launching a new scheme to buy them. think of it as a...
Source: archive.org
