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Bank's 65bn move driven by pension fund panic

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Getty ImagesThe Bank of England stepped in to calm markets after some types of pension funds were at risk of collapse. It pledged to buy £65bn of government bonds after Friday's mini-budget sparked turmoil on financial markets and the pound plunged. Investors had demanded a much higher return for investing in government bonds, causing some to halve in value. Pension funds, which invest in bonds, were forced to start selling, sparking fears of a fresh market downturn. Read More...

Designer William P. Lear Dies

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William P. Lear designed and developed the Lear Jet, perhaps the most successful executive airplane in the world. He also invented the automatic pilot for jets. For people who drive rather than fly, Bill Lear invented the car radio. Years later, he invented the eighttrack stereo for cars. He held more than 150 patents. In the late 1960s, he put $17 million of his own money into the development of a steam-powered automobile, because, he said, " Read More...

DJ Cut Creator Net Worth

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 DJ Cut Creator net worth is $2 Million DJ Cut Creator Wiki: Salary, Married, Wedding, Spouse, Family DJ Cut Creator was born as Jay Bryan Philpot. Net Worth$2 MillionSelf TitleYearStatusCharacterDriven2006TV Series documentaryHimself2nd Annual VH1 Hip-Hop Honors2005TV MovieHimselfSaturday Night Live1987TV SeriesHimself Known for moviesncG1vNJzZmimlanEsL7Toaeoq6RjvLOzjqecrWWnpL%2B1tI6doWabpal6pL7Emquoql2jsrV51qipraBf

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