Bank details £50bn lending boost
The Bank of England details a £50bn plan to prevent the credit crisis further damaging the UK economy.
Ref. https://news.bbc.co.uk/1/hi/business/7357880.stm
Bank governor offers bleak view
Mervyn King, governor of the Bank of England, says the UK faces "the most difficult economic challenge for two decades".
Ref. https://news.bbc.co.uk/1/hi/business/7462741.stm