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Bank of England suspends or revokes confidential bailout tool by December 31, 2025?
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Official announcements from the Bank of England or reports from reputable financial news outlets
Story
Bank of England Introduces Confidential Bailout Tool to Prevent Economic Crisis, Bloomberg Reports
Dec 9, 2024, 09:38 PM
The Bank of England has announced a new financial stability tool aimed at preventing a wider economic crisis. Under this tool, the identities of pension funds, insurers, or hedge funds that receive bailouts will be kept confidential. This measure, reported by Bloomberg, is designed to maintain stability and avoid panic in the financial markets.
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