The markets are braced for more turmoil after the head of the Bank of England sent the pound plunging by telling pension funds they have until Friday to balance their books before emergency support for the bond market is removed

The markets are braced for more turmoil after the head of the Bank of England sent the pound plunging by telling pension funds they have until Friday to balance their books before emergency support for the bond market is removed. Andrew Bailey, the governor of the central bank, faced a fierce backlash last night after…

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