The Bank of England has announced a controversial decision to keep the identities of any pension funds, insurers, or hedge funds bailed out under its new financial stability tool, the Contingent NBFI Repo Facility (CNRF), strictly confidential. The decision, claimed to be aimed at averting a broader financial crisis, has sparked a strong backlash from … Continue reading Bank of England’s Secret Bailouts Spark Outrage: Liz Truss asks “Have they learnt nothing from 2008?”