UPDATE 2-BoE’s Bailey orders banks to “put their backs into it” on COVID-19 loans
Bank of England Governor Andrew
Bailey told Britain’s banks on Friday to “put their backs into
it” and speed up lending to small companies, saying the
coronavirus crisis was likely to deliver a historic blow to the
economy.
Bailey told Britain’s banks on Friday to “put their backs into
it” and speed up lending to small companies, saying the
coronavirus crisis was likely to deliver a historic blow to the
economy.
Posted by Reuters
