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Bank of England says pension funds were hours from disaster before it intervened

Por: CNBC Business October 06, 2022

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Buses pass in the City of London financial district outside the Royal Exchange near the Bank of England on 2nd July 2021 in London, United Kingdom.Mike Kemp In Pictures Getty ImagesLONDON — The told lawmakers that a number of pension funds were hours from collapse when it decided to last week.The central bank's Financial Policy Committee stepped in after a massive sell-off of U.K. government bonds — known as gilts — following the new... + full article



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