Pantheon Macroeconomics - The BoE announced on Thursday that it had agreed the Treasury could increase its usage of its Ways and Means facility--effectively the government's overdraft at the central bank--without limit.

U.K. | 14 Apr 2020 Don't Expect the Treasury to Pay Down its Overdraft Quickly
The BoE announced on Thursday that it had agreed the Treasury could increase its usage of its Ways and Means facility--effectively the government's overdraft at the central bank--without limit.

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14 Apr 2020 Don't Expect the Treasury to Pay Down its Overdraft Quickly

By Samuel Tombs

The BoE announced on Thursday that it had agreed the Treasury could increase its usage of its Ways and Means facility--effectively the government's overdraft at the central bank--without limit.

Posted: 14th Apr 2020 in 'U.K.'

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