Why is the Bank of England buying gilts?

<div>The Bank of England has today announced a major intervention into gilts to prevent a 'material risk' to financial stability as a result of government policy. How unprecedented is this move? Will Liz Truss and Kwasi Kwarteng break their silence? Are we heading for another leadership election?<br> <br> Kate Andrews speaks with Fraser Nelson and James Forsyth. <br> <br> Produced by Oscar Edmondson.</div>