Calls to the Financial institution of England saying some British pension funds had been struggling to fulfill margin calls started on Monday. By Wednesday they had been getting extra pressing and coordinated. Wild gyrations in monetary markets in response to a authorities “mini-budget” on Sept. 23 meant that swathes of Britain’s pension system had been in danger, elevating widespread issues concerning the nation’s monetary stability. British Finance Minister Kwasi Kwarteng’s assertion had included dramatic plans to slash taxes and pay for it with borrowing which despatched authorities bond yields hovering. Within ... (full story)