UK Financial System Recovery:Brutal Slump and Slow Recovery - New Market Research Report
In 2008, the Bank of England launched the Quantitative Easing program (QE), with the aim of accelerating inter-bank lending. It ultimately boosted the overall level of economic activity in the country. However, the deepening of the crisis in 2009 increased the need to rethink the entire architecture of the financial services industry and establish a new regulatory framework in the country.
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