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From: LP12
as long as those camping car retirees on 2/3rds final salary at 54 are taken care of through their long and happy retirement, being paid thousands per month, to carry on living for 40 fukcing years, I'll be happy. Reading (between) the lines on a Daily Shyte article i'm sure those police teachers and vital admin workers in high on de hog office will be able to buy longer camping cars, when they tire of their current new model, particularly if retired due to stress related issues of getting a bad back, being discriminated against, being burnt out., and of course Long Divoc. Everyone knows the best cure for burnout is a 42 year long tax payer funded retirement on 2/3rds of your grossly inflated final salary, leaving you say not at all struggling on a fairly easy average of 2,300 net a month. Camping car monthly repayment, 250, not a problem. Meanwhile, back to the reportage: "But that message appeared to be contradicted today by a report in the Financial Times, which cited people briefed on discussions with the Bank of England. They claimed that officials at the Bank have signalled privately that the emergency bond-buying programme could indeed be extended. Then, the Bank of England confirmed this morning its emergency bond-buying scheme would close this Friday. A spokesman for the Bank said: 'As the Bank has made clear from the outset, its temporary and targeted purchases of gilts will end on October 14. 'The Governor confirmed this position yesterday and it has been made absolutely clear in contact with the banks at senior levels.' It added that other measures taken over recent days would be in place after October 14 'to ease liquidity pressures on LDIs (liability driven investments)'. https://www.dailymail.co.uk/news/article-11306219/What-happen-pension-funds-risk.html

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