Barclays said to have borrowed €461m from BoE

Barclays is understood to be the group that called upon the Bank of England’s emergency lending facility, it emerged today.

Barclays said to have borrowed €461m from BoE
Wed, 22 Aug, 2007 - 10:15

Barclays is understood to be the group that called upon the Bank of England’s emergency lending facility, it emerged today.

The UK’s third largest bank is reported to have borrowed £314m (€461m) from the Bank of England on Monday night after another large bank missed a scheduled payment.

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