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A man walks up the stairs in front of the Bank of England in London, Wednesday, Sept. 28, 2022. The Bank of England has launched a temporary bond-buying programme as it takes emergency action to prevent "material risk" to UK financial stability. (AP Photo/Frank Augstein)

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UK central bank intervenes in market to halt economic crisis
September 28, 2022 10:50 a.m.

UK central bank intervenes in market to halt economic crisis

The Bank of England said it would buy long-term government bonds over the next two weeks to combat a recent slide in British financial assets