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The United Kingdom

In: Research Handbook on State Aid in the Banking Sector

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  • Conor Quigley

Abstract

This chapter describes the application of State aid rules to the United Kingdom during the financial crisis. It considers the schemes granted through bank recapitalization, the wholesale funding guarantee scheme, short-term liquidity measures, and a working capital guarantee scheme or asset-backed securities scheme. It also describes individual aid granted by the UK State to Northern Rock, Bradford & Bingley, Dunfermline Building Society, Royal Bank of Scotland and Lloyds Banking Group.

Suggested Citation

  • Conor Quigley, 2017. "The United Kingdom," Chapters, in: François-Charles Laprévote & Joanna Gray & Francesco De Cecco (ed.), Research Handbook on State Aid in the Banking Sector, chapter 9, pages 242-255, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15935_9
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    Keywords

    Economics and Finance; Law - Academic;

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