We're heading for a tech IPO liftoff, and there's one simple reason why

The Bank of England has had another successful day of buying UK government bonds. The Old Lady of Threadneedle Street purchased £1.17 billion worth of bonds with maturities of between seven and 15 years on Wednesday as part of the new monetary policy measures announced on August 4 as a means of defending the economy after Brexit. The BoE received offers of sale worth £3.33 billion meaning that the reverse auction was covered 2.85 times. On Tuesday, the BoE purchased £1.17 billion of bonds with maturities longer than 15 years.