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Buyers of these gilts tend to be the banks, the big insurers and pension funds. Under rules put in place after the financial crisis, all are required to hold a safety cushion of capital in the safest of assets.  Indeed, this policy is deemed to have worked well in Covid when the banks have maintained lending without risk to financial stability. The other backstop is the Bank of England. Since the financial crisis, it has gained the authority to buy up £875billion of Government debt.  This has assisted in pumping cash into the financial system, helped to stabilise markets and eased pressure...

Laughter and loss: One street's Covid-19 stories By Steve Mellen image captionResidents of the street have been telling their stories Covid-19 has affected all of us in some way, disrupting work, making ourselves or loved ones ill and changing society in many ways. Several households in one street - Dunkerry Road in the southern Bristol suburb of Windmill Hill - tell their personal stories of how life has changed since the virus arrived in the UK early last year. 'I couldn't be with my mum at the end' image copyrightEmpics image captionJo Moore was living with her mum when they both caught Co...

Creating the award-winning Relic installation, Photo Rita Floyd - Credit: Rita Floyd China clay encircled and created wealth in St Austell and became known as white gold. But as the industry has shrunk - just one quarry remains –so has the fortunes of the town. Now a trail of new public art works are bringing the area’s proud industry back to life as part of a revolution that is bring some of the UK’s cutting-edge ceramicists to Cornwall. Neil Brownsword with his award-winning Relic installation, Photo Rita Floyd - Credit: Rita Floyd The latest work has been two years in the making. �...

share-square-1078803 Over their 138-season history, the Giants have seen scores of talented players become synonymous with the numbers on the backs of their jerseys. Here’s a look at the best Giants player to wear each uniform number: Oliver batted .298 with a .705 OPS over 91 games with the Giants in 1984 before being dealt to the Phillies in exchange for Kelly Downs and George Riley in a midseason trade. Known as “HacMan,” Leonard endeared himself to Giants fans by trotting around the bases with his left arm tucked into his body -- one flap down. His signature moment came in 1987, whe...