Analysts expect more financial jitters after Bank of England ends intervention, while new chancellor tries to project calm
City investors are bracing for a week of renewed choppy trading in UK financial markets as Liz Truss’s government attempts to regain control and the Bank of England steps back from its emergency intervention.
Before markets reopen for the first time since the Bank halted its multibillion-pound support programme on Friday, analysts said renewed turbulence on Monday despite Kwasi Kwarteng’s sacking as chancellor could not be ruled out.
