Bank of England forced to pump Ł10bn into money markets on eve of today's Budget

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Bank of England forced to pump Ł10bn into money markets on eve of today's Budget

12th March 2008, 08:30:AM

The Chancellor faced more bad news yesterday when leading central banks announced plans to pump hundreds of billions of dollars into stricken financial markets to prevent a worldwide recession. The Bank of England said it was willing to lend London banks Ł10billion on March 18, and also offered another undisclosed sum on April 15

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Tags: bank, budget, financial, money, recession

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Bank of England forced to pump Ł10bn into money markets on eve of today's Budget

Bank of England forced to pump Ł10bn into money markets on eve of today's Budget

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