Sleepy Corner of U.K.’s Pension Industry Forced the
Bank of England’s Hand
https://www.nytimes.com/2022/09/30/business/bonds-pensions-bank-of-england.html
UK Outlook Cut to Negative by S&P Amid Rising
Fiscal Risks
https://www.bloomberg.com/news/articles/2022-09-30/uk-outlook-cut-to-negative-by-s-p-amid-rising-fiscal-risks
https://www.nytimes.com/2022/09/30/business/bonds-pensions-bank-of-england.html
https://www.bloomberg.com/news/articles/2022-09-30/uk-outlook-cut-to-negative-by-s-p-amid-rising-fiscal-risks
‘You Can Feel the Fear’: U.K. Borrowers Face Up to
a Broken Mortgage Market
https://www.nytimes.com/2022/09/30/business/uk-mortgage-markets.html
Hardly a Surprise: Pension Funds Stoked the UK Rout
https://www.bloomberg.com/opinion/articles/2022-09-30/hardly-a-surprise-pension-funds-stoked-the-uk-rout
An outsized portion of British government debt is owned by pensions, so when those money managers misjudged risk, the turmoil spread quickly.
https://www.nytimes.com/2022/09/30/business/uk-mortgage-markets.html
https://www.bloomberg.com/opinion/articles/2022-09-30/hardly-a-surprise-pension-funds-stoked-the-uk-rout
An outsized portion of British government debt is owned by pensions, so when those money managers misjudged risk, the turmoil spread quickly.
How Kwasi Kwarteng’s budget-busting growth plan
turned into week from hell
https://www.theguardian.com/uk-news/2022/sep/30/kwasi-kwarteng-budget-growth-plan-tory-party-conference
https://www.theguardian.com/uk-news/2022/sep/30/kwasi-kwarteng-budget-growth-plan-tory-party-conference
Will the UK's Economic Gamble Pay Off?
https://thehill.com/opinion/finance/3664758-will-the-uks-economic-gamble-pay-off/