EU Surveys Bank of England’s Cash Injection Plan With Caution

Author (Corporate)
Series Title
Series Details 21.4.08
Publication Date 21/04/2008
Content Type

The Bank of England's plan to free up the United Kingdom's home loan market by injecting 50 billion pounds into the banking sector to ease the mortgage squeeze has come under scrutiny from the EU as a possible state aid.
Source Link http://www.dw-world.de/dw/article/0,2144,3281688,00.html
Related Links
Bank of England: Markets: Special Liquidity Scheme http://www.bankofengland.co.uk/markets/sls/index.htm
Bank of England: Publications: Press Release, 21.4.08: Special Liquidity Scheme http://www.bankofengland.co.uk/publications/news/2008/029.htm
BBC News, 21.4.08: Darling backs £50bn bank bailout http://news.bbc.co.uk/1/hi/business/7357880.stm
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