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bank liquidity

Liquidity squeeze could hit credit & hold back recovery - Tyrie warns Bank of England & FSA

24 October 2011

Image of UK Parliament portcullis

The Chairman of the Treasury Select Committee, Andrew Tyrie MP, has written to the Governor of the Bank of England and the FSA to raise concerns about the negative impact that a squeeze on bank liquidity is having on banks’ ability to extend credit to support the economic recovery