Julian Benson
on August 23rd, 2023 The British government transferred a record £14.3 bn to the Bank of England last month as interest rate hikes burdened the Treasury with heavy losses from quantitative easing (QE). Losses on QE measures have cost British taxpayers £30 bn in the past 11 months, according to the Office of National Statistics.
GBP/USD: the past year
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