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Finance & Markets

Bank of England boss urged to pause bond sales costing UK taxpayers £100bn

The Treasury has to cover these losses, adding to the Government's near-£3trillion debt burden and an extra headache for Chancellor John Healey.

Bank of England boss urged to pause bond sales costing UK taxpayers £100bn

We haven't written up this one. This Is Money has the full story — the link below goes straight to it.

Read the original at thisismoney.co.uk →

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Oil Industry Braces for Years-Long Iran War

Oil producers, traders, and refiners are bracing for a prolonged war between the United States and Iran in the Persian Gulf with little to no hope of a quick resolution.

  • Prolonged US-Iran conflict expected in Persian Gulf
  • Oil prices may exceed $100 per barrel during crisis
  • Tanker rates surge to record highs amid blockade

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