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Bank of England’s SLS Makes £100bn Available

Finance minister Alistair Darling stated Friday September 19th that the Bank of England’s Special Liquidity Scheme (SLS) has made over £100bn available to the British banking system. Following breaking news in the US of a ’sweeping bailout’ costing hundreds of billions of dollars to clean up serious mortgage debt, Mr. Darling assured in an interview with [...]

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