2009 United Kingdom bank rescue package
id:
2009-united-kingdom-bank-rescue-package-276-13226257
title:
2009 United Kingdom bank rescue package
text:
A second bank rescue package totalling at least £50 billion was announced by the British government on 12 January 2009, as a response to the then-ongoing Financial crisis of 2007–2008. The package was designed to increase the amount of money that banks could lend to businesses and private individuals. This aid came in two parts: an initial £50 billion made available to big corporate borrowers, and a second undisclosed amount that formed a form of insurance against banks suffering big losses.
brand slug:
wiki
category slug:
encyclopedia
description:
UK response to the 2007–2008 Financial crisis
original url:
https://en.wikipedia.org/wiki/2009_United_Kingdom_bank_rescue_package
date created:
date modified:
2024-02-04T17:12:47Z
main entity:
{"identifier":"Q4615050","url":"https://www.wikidata.org/entity/Q4615050"}
image:
fields total:
13
integrity:
14