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Bank of England Deputy Governor Jon Cunliffe at the time that multiple LDI funds would have gone bust without the intervention, leading to a “self-reinforcing spiral” and “consequent widespread financial instability.”
LONDON : Britain is not lagging other central banks in issuing a digital version of its currency for day-to day-payments, Bank of England Deputy Governor Jon Cunliffe said on Tuesday.
Magistrates asked Cunliffe, who had no solicitor, to explain why he hadn’t turned up for his trial.
Sir Robert Henry Cunliffe, 4th Baronet (1785-1859), stuccoed the walls of the house, while Sir Robert Alfred Cunliffe (1839-1905), faced it with stone in such a way the house seemed to be of three different styles - none matching the other.
Source: https://www.leaderlive.co.uk/news/23324548.varied-history-acton-hall-gardens-wrexham/?ref=rss
Sir Robert Henry Cunliffe, 4th Baronet (1785-1859), stuccoed the walls of the house, while Sir Robert Alfred Cunliffe (1839-1905), faced it with stone in such a way the house seemed to be of three different styles - none matching the other.
Source: https://www.leaderlive.co.uk/news/23324548.varied-history-acton-hall-gardens-wrexham/?ref=rss
The Bank’s deputy governor Sir John Cunliffe says that some pension funds would have collapsed within hours, risking a ‘spiral’ of higher interest on government debt, if it had not stepped in with the September 28 funding guarantee.
Source: https://metro.co.uk/2023/02/05/liz-truss-blames-establishment-for-not-giving-her-a-chance-18224481/