Economists recommend Bank of England review bond-selling policy
The Guardian · September 15, 2026Original source ↗
What happened
Economists are advising Chancellor John Healey to urge the Bank of England to reconsider its bond-selling program, which has resulted in significant costs for the exchequer. The Bank's monetary policy committee is set to meet to determine interest rates and to assess the future of the government's bond sales.
Why it matters
Changes to the bond-selling policy could impact UK government borrowing costs and fiscal management.
How this story affects people
How does this story affect you if you are a UK taxpayer?
Changes to the Bank of England's bond-selling policy could affect government borrowing costs, which may lead to adjustments in public spending or tax rates. If the exchequer incurs lower costs, it could alleviate financial pressure on taxpayers.
How does this story affect you if you are a government employee?
A revision of the bond-selling policy may influence the government's fiscal management, potentially affecting budget allocations for public services and salaries. If borrowing costs decrease, it could lead to more stable funding for government operations.
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