BBC: Banks warned over lending fear
BBC: Banks warned over lending fear “The Bank of England has warned that banks’ fears of a financial meltdown may become a self-fulfilling prophecy… Its financial stability report suggests the credit exposure not declared by UK banks may be near to £100bn. The twice-yearly report says that there is a “significant increase” in the risk that a major bank collapse or reluctance to lend will disrupt the financial system.”
Original post by mark wadsworth
