Analysis details (02:57)
- Last week, the Bank of England agreed to hand over Gilts interest payments to the Treasury, in a move that will help reduce national debt. UK's Osborne said transferring the cash would allow the government to manage its cash more effectively, and "should lead to debt-interest savings to the government in the short-term".
16 Nov 2012 - 02:51 - - Source: Newswires
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