Bonds
| Use attributes for filter ! | |
| Customer service | 00 61 3 8862 1790 |
|---|---|
| Parent organizations | Pacific Brands |
| Founded | 1915 |
| Headquarters | Kew |
| Australia | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 2325978 |
About Bonds
Pacific Brands Underwear Group, known under its core brand Bonds, was an Australian manufacturer and now a importer of men's, women's and children's underwear and clothing, and a subsidiary of Pacific Brands. The head office is located at 115 Cotham Rd in Kew, Melbourne.
The flashing warning sign that is worrying investors
... So how worried should we be? What is a bond? Governments borrow money by selling financial products called Bonds...
Cost of national debt hits 20-year high
...The interest the government pays on national debt has reached a 20-year high as the rate on 30-year Bonds reaches 5...
The shadowy Chinese firm that owns chunks of Cambodia
... This panicked investors who had bought hundreds of millions of dollars of CCCC s so-called " dim sum Bonds" - Bonds issued in Hong Kong to get around Chinese capital controls...
Premium Bond prize rate set to hit highest for 14 years
... Outside chanceNS& I has now improved the prize fund rate of Premium Bonds - held by millions of UK savers - four times in the last year...
Bank makes history as it reverses ‘quantitative easing'
... The bank sold off a tranche of government Bonds on Tuesday, as it started to reverse the process known as " quantitative easing" or QE...
Investors remain calm despite political chaos
... However, while interest rates - or yields - on government Bonds climbed, they were still below levels that had been seen earlier in the week...
Markets rally on talk of mini-budget U-turn
... The Bank of England has been buying government Bonds - known as gilts - to try to stabilise their price and prevent a sell-off that could put some pension funds at risk of collapse...
Kwasi Kwarteng fired as chancellor amid U-turn speculation
... The Bank of England has been buying government Bonds - known as gilts - to try to stabilise their price and prevent a sell-off that could put some pension funds at risk of collapse...
Kwasi Kwarteng fired as chancellor amid U-turn speculation
Kwasi Kwarteng has been sacked as chancellor amid intense speculation Prime Minister Liz Truss is about to junk key parts of their economic plan.
Mr Kwarteng met Ms Truss for crunch talks in Downing Street after cutting short a US trip.
In a letter to the PM, Mr Kwarteng said her vision for Economic Growth was " right" and he still supported it.
Ms Truss is shortly expected to announce a U-turn on business tax Cuts - One of her key policies.
" As I said many times in The Past weeks, following the Status Quo was simply not an option, "
" For too long This Country has been dogged by low growth rates and high taxation - That must change if This Country is to succeed. "
Mr Kwarteng's dramatic dismissal makes him The Second shortest-serving chancellor after just 38 days in The Job .
The Prime Minister is yet to announce Mr Kwarteng's successor but there is speculation Deputy Prime Minister Therese Coffey , former Chancellor Sajid Javid , or former Foreign Secretary Jeremy Hunt could take on The Role .
For days, Ms Truss has faced calls to drop parts or all of her economic plan to calm market turbulence and reassure her party.
Some Tory MPs have discussed options to remove Mr Truss as Prime Minister , laying bare divisions within The Party , which has been in power for 12 years.
Ms Truss has already and some Tory MPs believe another change of course is inevitable.
A further U-turn is likely to seen as a blow to Ms Truss's political authority only 39 days after she became Prime Minister .
Labour's shadow chancellor Rachel Reeves said a " humiliating u-turn is necessary" after the government " plunged our economy into chaos and crisis with Truss' discredited trickle down approach".
Ms Truss's pledge to cut taxes was at The Heart of the economic agenda That won her the Tory leadership at the start of September .
The mini-budget - announced by Mr Kwarteng on 23 September - included £45bn of tax Cuts and an energy package worth an £60bn over six months, partly funded by borrowing.
There were few details on how the government would fund The Package , which left financial markets reeling, sent the pound plummeting, and forced The Bank of England to Bail Out pensions funds.
The chancellor was due to make a financial statement on 31 October, but it is unclear whether That will change.
Meanwhile, and the pound held firm as speculation mounts about a possible U-turn over the mini-budget.
The Bank of England has been buying government Bonds - known as gilts - to try to stabilise their price and prevent a sell-off That could put some pension funds At Risk of collapse.
But That support is due to come to an end on Friday.
Source of news: bbc.com
