FPC reviews actions taken to help UK firms’ cash flow through the coronavirus COVID-19 pandemic

FPC reviews actions taken to help UK firms’ cash flow through the coronavirus COVID-19 pandemic

LNB News 24/03/2020 52

The Bank of England (BoE) has published a summary and report of the Financial Policy Committee’s (FPC) March 2020 meetings, which were dominated by the outbreak and spread of coronavirus COVID-19.

The FPC says that, in concert with the BoE, the Monetary Policy Committee (MPC) and the Prudential Regulation Committee (PRC), it has taken action to respond to the financial stability risks with the aim of ensuring that that the financial system can be a source of strength for the real economy during this challenging period.

At the meeting the FPC reviewed the steps taken to help firms bridge through COVID-19-re

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