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London Markets: Britain sells its first bonds at a negative interest rate

The U.K. on Wednesday became the latest country to sell bonds at negative interest rates, showing investor demand for government securities is so high than some are willing to pay for the privilege. According to the Debt Management Office, the U.K. auctioned £3.75 billion ($ 4.6 billion) of 3-year TMBMKGB-03Y, …

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Boris Johnson to unveil plan to get economy moving, saying Britain is ‘past the peak’ of the coronavirus pandemic

Boris Johnson declared on Thursday that Britain was “past the peak” of the coronavirus outbreak and was now on a downward slope. The Tory prime minister used his first appearance at the government’s daily pandemic briefing since leaving hospital to give more details about the five conditions he says must …

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Britain becomes latest country in lockdown with police to enforce new restrictions

Britain has become the latest European country in lockdown as the U.K. government announced a raft of restrictions preventing the population from leaving home apart from four exceptions. There is now a blanket travel restrictions, and police will have powers to fine or disperse people who venture onto the street …

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