25 March 2009

Why has the BBC not reported the gilt auction failure?

The FT Westminster blog posted this at 11.47.  Fraser Nelson has the best analysis to date.

The auction failure maybe a one off as Nelson suggests, but why hasn't the BBC picked this up nearly 3 hours after Bloomberg first reported this?

Clearly we can not depend on the BBC to report serious financial news.

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  1. EDB,
    Robert Peston has now covered it you'll be pleased to see:

    Gilts and guilt

  2. Yep I see the BBC have covered it now, hours after it was reported elsewhere.