Labour's Rachel Reeves has attacked the government for forcing the Bank of England's to pursue its deficit-wrecking QE policy to "compensate" for its poor fiscal support.
The Bank of England's QE policy of buying gilts to buoy the economy has sent yields plummeting, adding billions to scheme deficits. Shadow Treasury chief secretary Reeves (pictured) said the ban...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date