Kwarteng: was it naivety, incompetence or intellectual arrogance?
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Fears that many of Britain’s biggest pension funds were close to collapse were behind the Bank of England’s unprecedented intervention in the gilts market on Wednesday to buy-up to £60 billion of government debt.
Kwarteng: was it naivety, incompetence or intellectual arrogance?
Kwarteng: was it naivety, incompetence or…
Kwarteng: was it naivety, incompetence or intellectual arrogance?
Fears that many of Britain’s biggest pension funds were close to collapse were behind the Bank of England’s unprecedented intervention in the gilts market on Wednesday to buy-up to £60 billion of government debt.