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Chancellor John Healey Urged to Push Bank of England to Halt Bond-Selling Amid £Billions in Costs | Nova Global News

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Chancellor John Healey Urged to Push Bank of England to Halt Bond-Selling Amid £Billions in Costs | Nova Global News

Content overview: “Chancellor John Healey Urged to Push Bank of England to Halt Bond-Selling Amid £Billions i”. Economists are calling on Chancellor John Healey to intervene and urge the Bank of England to slow or suspend its ongoing gilt-selling programme, which has... The Guardian WorldSep 15, 2026 • 4:00 AM1 views Economists are calling on Chancellor John Healey to intervene and urge the Bank of England to slow or suspend its ongoing gilt-selling programme, which has already cost the UK exchequer billions in additional borrowing expenses.

The move comes as the Bank’s Monetary Policy Committee (MPC) prepares for its upcoming meeting, where key decisions on interest rates and the pace of bond disposals will be made. These gilts, originally acquired during the 2008 financial crisis rescue operations, are now being sold off, but at a steep price: rising interest payments are undermining fiscal stability. For the complete material, the listing points back to the source inside the network.

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