‘Do no more than is necessary to achieve the right level of stability’
Bank of England deputy governor Sam Woods has acknowledged that business funding is operating "like two quite different markets" for small and large companies.
Woods leads the Prudential Regulation Authority (PRA) which has had a competitiveness and growth objective since 2023, in addition to its financial stability mission.
“There is an interesting picture emerging about the availability of finance to companies. The picture, which I think is consistent with the macro picture that we have, is of actually very competitive finan... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
