BOE Bond Sales Fail to Deliver for Taxpayers as QE Looms

The Bank of England's bond sales have not provided significant value to taxpayers, according to recent data. The central bank is preparing for another possible round of quantitative easing, which would require it to do better in terms of returns.

Mehreen Khan, the Economics Editor at The Times, notes that the central bank must improve its performance in bond sales to justify further actions. This comes as the Bank of England prepares the ground for another potential round of quantitative easing.