Claim: The Bank of England sold some £80bn of gilts at the same period as the chancellor's mini-Budget.
Fact-check: Bank of England did not sell £80 billion in gilts shortly before mini-Budget - Full Fact
Verdict: the bank of england did not sell any gilts during this period. the £80 billion figure refers to the amount by which the bank is projected to reduce its holdings of government bonds over the next year, through a combination of planned gilt sales and maturing bonds.
Organisation: Full Fact
Author: Hannah Smith
Date published: 2022-10-17T00:00:00