Markets brace for more turmoil after Bank of England's decision to stop govt support sent pound plummeting overnight

He went on: "And my message to the funds involved and all the firms involved managing those funds: You've got three days left now.Following his statement, the pound dropped sharply against the dollar to $1.0953 - the first time in weeks that it had fallen below $1.10.

Earlier on Tuesday, the Pensions and Lifetime Savings Association - an industry body - called for an extension to the bond-buying programme until October 31 "and possibly beyond". The Bank of England extended its bond-buying to include inflation-linked debt almost two weeks after launching it to help pension funds cope with a slump in bond prices caused by the mini-budget."We will see."

Source: Financial Digest (financialdigest.net)

Isn't this down to the pension funds being found out?

1.10. From 1.11. Plummeting Shit journalists

Nothing can be done to keep the £ strong, this was inevitable the day the UK left the EU. The banks are moving to the EU. The weaker £ along with the additional costs added into the system by Brexit will continue to drive inflation, interest rates will rise further.

Except it was the government’s decision to crash the pound not the BOE

Doubt KwasiKwarteng has a clue what he’s doing.

Basically the BOE telling the government we can't keep bailing you out of the shite.

Welcome to the anti-growth coalition, BoE!

Meanwhile Fuhrari is dedicating his show to eco protests (after the gov plans to ban solar farms whilst out energy bills cripple us, and sucking tory boots

The bank of England doesn't have our interest at heart or are just incompetent

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