Bank of England

Central bank hikes rates citing 'firmer than expected' inflationary pressures

Bank says pooled vehicles played major role despite representing only 15% of LDI market

£19.3bn of bonds sold following last year’s Mini Budget

Follows news the UK’s inflation rate dropped to 10.7% in November

Chris Edwards-Earl looks at the fallout of the LDI crisis and if funds could claim for redress

Bank says there is a clear need for ‘urgent and robust measures’ to fill supervisory gaps

Selling long-maturity and index-linked gilts based on market demands

Change in policy will ensure that regulators retain their independence from government

LCP partner David Wrigley says assumptions on investment returns must be revisited

The BoE raised interest rates to 3% in the biggest single increase in 33 years