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https://en.wikipedia.org/wiki/2008_United_Kingdom_bank_rescue_package
A bank rescue package totalling some £500 billion (approximately $850 billion) was announced by the British government on 8 October 2008, as a response to the ongoing global financial crisis. After two unsteady weeks at the end of September, the first week of October had seen major falls in the stock market and severe worries about the stability of British banks.
https://www.nao.org.uk/highlights/taxpayer-support-for-uk-banks-faqs/
Mar 12, 2013 · Taxpayer support for UK banks: FAQs. ... Why did the Government provide support to UK banks? In 2007, financial markets entered a sustained period of instability, causing difficulties for banks across the world, precipitating a global credit crisis, a widespread economic downturn and, by 2010, concern over certain Eurozone governments ...
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https://media2.mofo.com/documents/090204ukgovernmentsbankingsupportmeasures.pdf
On 19th January 2009, the UK Government (“Govt.”) announced a second rescue package for UK banks,2 extending some of the existing measures as well as introducing new ones, following renewed turbulence in bank share prices. These further measures are aimed at stimulating lending by banks to the economy, which the initial
https://www.finance-monthly.com/2017/03/will-the-uk-governments-support-for-fintech-destroy-big-banks/
Mar 31, 2017 · Will the UK Government’s Support for FinTech Destroy Big Banks? Written by Mark Cresswell, CEO of LzLabs At the beginning of March, the UK government announced its Digital Strategy, a section of which detailed its design to spark competition in …
https://en.wikipedia.org/wiki/List_of_banks_in_the_United_Kingdom
Unlike some other major economies, the UK does not have a major stratum of independent local banks. The list shrank further during 2008: Northern Rock was nationalised by the UK Government (and is now owned by Virgin Money), followed by Bradford & Bingley; Alliance & Leicester was acquired by Santander, who merged it into Santander UK.
https://www.ft.com/content/06318472-663c-11e7-8526-7b38dcaef614
Jul 11, 2017 · Under the new deal, by working with the largest banks, UK Export Finance is expected to increase lending, as the process for obtaining funding is more efficient through a bank than the government ...Author: Emma Dunkley
https://www.bbc.com/news/business-11997509
Dec 15, 2010 · UK government support for the country's banks has fallen by half since the financial crisis to £512bn (806bn), the National Audit Office (NAO) says.
https://www.federalreserve.gov/pubs/ifdp/2012/1069/ifdp1069.pdf
returns for banks expected to receive government support is not explained by the likely effect of the sovereign downgrade on the entire economy. In particular, we find that banks expected to receive government support have lower stock returns after sovereign rating downgrades, even when we compare stock market performance against domestic
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