Chancellor Kwasi Kwarteng arriving at IMF

The transcript discusses the implications of the Bank of England ceasing bond purchases after Friday, questioning the role of the governor and highlighting the government's responsibility in the ensuing financial turmoil.

What significant action did the Bank of England take after Friday?

• Decreased interest rates

• Started buying more bonds

• Stopped buying bonds

• Increased interest rates

What is the main concern regarding the governor's role?

• His comments on the stock market

• His silence on the bond issue

• His involvement in international trade

• His decision to increase taxes

What was the governor's stance on commenting about the bond situation?

• He supported the government's decision

• He refused to comment

• He openly discussed it

• He criticized the financial institutions

Who is primarily responsible for the financial turmoil according to the transcript?

• The Bank of England

• The governor

• The government

• The financial institutions

What was the government's role in the financial situation?

• They supported the Bank of England

• They instigated financial turmoil

• They resolved the financial crisis

• They remained neutral