Source · National Audit Office
Maintaining the financial stability of UK banks: Update on the support schemes
Published: 15 Dec 2010
Type: Value for Money
The scale of the support currently provided to UK banks has fallen from a peak of £955 billion to £512 billion, but the amount of cash currently borrowed by the Government to support banks has risen by £7 billion since December 2009. It is likely the taxpayer will be providing support for years to come.