B of E May Limit Lending

16 Jun 2010

The Bank of England, soon to be charged with new powers, reportedly will place a limit on how much banks can lend to home owners.

The Bank of England, soon to be charged with new powers, reportedly will place a limit on how much banks can lend to home owners. The bank, and its governor, Mervyn King, would be able to impose restrictions on borrowing if they determine that financial institutions are lending ...

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