Bank of England boosts bond-buying programme by £100bn – business live | Business

Central banks need to be marshalled like cavalry and stimulus like charges. The Bank of England will mount a fresh charge at the enemy formations today. Coordination is the name of the game: it needs to keep on top of the huge amount of issuance – borrowing – by the UK government. Wartime levels of debt means the BoE must expand the envelope to hoover it up or risk yields starting to rise...