A £65bn debt buy-up by the Bank of England was announced to save pension funds threatened by rising interest rates, according to the Daily Express.
At Dartmoor prison, an X-ray discovered the smartphone used illegally by one of Stephen Lawrence’s killers, according to the Daily Mail.
According to the Daily Star, Kwasi Kwarteng received some “much-needed fiscal advice” after the Bank of England stepped in to save his “sorry ass”.
As a result of the chancellor’s mini-budget, the Bank of England had to bail out £65 billion in pension funds.
According to the Daily Mirror, Britain’s “clueless” prime minister and chancellor forced bank bosses into a £65bn bailout.
Following Kwasi Kwarteng’s “ill-received mini-budget”, the Bank of England took emergency action on Wednesday to halt a run on Britain’s pension funds.
After the new government’s “disastrous first mini-budget”, Tory leadership loser Rishi Sunak will not attend next week’s Conservative Party conference.
A “fourth day of financial chaos” has been sparked by Liz Truss and Kwasi Kwarteng’s “sweeping tax cuts,” according to I.