Claim: The Bank of England has spent £65 billion on purchases of long-dated UK government bonds as a result of the government's mini-Budget.
Fact-check: The Bank of England hasn't already spent £65 billion following mini-Budget - Full Fact
Verdict: the bank of england announced on 28 september that it was prepared to spend up to £65 billion on long-dated uk government bonds over the course of 13 days, amounting to £5 billion each day. at the time of writing it has spent around £3.7 billion over five days.
Organisation: Full Fact
Author: Sarah Turnnidge
Date published: 2022-10-05T00:00:00