What is the Funding for Lending Scheme?

The "funding for lending schemes" is an initiative between the Bank of England and The Treasury designed to encourage the stimulation of the economy.

In essence, the Bank of England is letting commercial banks borrow funds from it cheaply so it can pass this on in the form of cheaper loans to firms

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Many thanks for all your help in getting both mortgages over the line. I really appreciate your concerted efforts to solve all the problems that arose & apologise for my frantic mails and calls to you both. Rest assured I will certainly come back to Charleston again and feel free to have anyone refer to me in respect to explaining my experience in dealing with you all

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