Treasury Set for a Bounty From Sls Fees

Summary


THE Treasury may be in line for a huge unexpected windfall thanks to the public support being offered to Britain's banks, writes Sam Fleming.

The Bank of England could rake in fees worth [pounds]1.4bn from operating its so-called Special Liquidity Scheme, City estimates suggest.

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Extract


Treasury Set for a Bounty From Sls Fees

If this ends up in the government coffers it could pay for the Treasur...

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