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Tag: Mervyn King

Bank of England to gives millions of pounds worth of credit to high street banks

24th June 201224th April 2017

High Street Banks are to receive billions of pounds of credit from The Bank of England in an attempt to boost mortgage and small business lending .The joint initiative with the Treasury has launched the ‘funding for lending scheme’ which is to provide funding for the banks at interest rates below market level. Funding is […]

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