Bank of England injects £10 billion into money markets
The Bank of England was forced to inject £10 billion into money markets yesterday on the eve of Chancellor Alistair Darling’s first Budget. This is the latest move to combat the global credit squeeze.The Bank said it was injecting the public funds into the short-term money markets because banks were finding it difficult to lend [...]
Bank of England injects £10 billion into money markets
