Bank of England takes emergency action to calm markets

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The Bank of England has launched a temporary bond-buying programme as it takes emergency action to prevent "material risk" to UK financial stability. It will buy as many long-dated government bonds as needed between now and October 14th in the wake of the mayhem that followed the government's mini-budget. #costofliving #crisis #government SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews For more content go to http://news.sky.com and download our apps: Apple: https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí https://www.youtube.com/channel/skynewsespanol To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales
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