Bank of England tells lenders to find £116bn to help prevent bailouts

The Bank of England has ordered big lenders in the UK to find £116bn of funding as part of a series of measures to ensure that taxpayers will never again have to bail out the banking sector. Threadneedle Street also intends to publish details of how each of the big lenders would cope in the event...

Bank of England tells lenders to find £116bn to help prevent bailouts