UK central bank scrambles as pound tanks, debt costs soar - INTERNATIONAL NEWS HUB

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    Wednesday, September 28, 2022

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    UK central bank scrambles as pound tanks, debt costs soar

    London, Sep 29: Britain's central bank on Wednesday warned that dwindling confidence in the economy posed a significant risk as it took the unusual step of intervening directly in financial markets. The move, it said, was aimed at restoring financial stability in

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