I'm told by a city source it's hard to overstate how serious the situation is today. There is concern over the health of pension funds and this is why the Bank of England has acted

@TTFC99 Sam Coates Sky Ironic that Brown made that move to soothe (unfounded) fears of an economically illiterate Labour party and yet it's served to actually shield the UK from an economically illiterate Tory party.