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Creating safety net was result of his own fear

SME Focus: The Bank of England�s shock decision to pump billions of pounds into the banking system should help allay fears that nervousness among banks could lead to a prolonged rise in the interest rates that they charge each other.

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MARK WILLIAMSON

The Bank of England's shock decision to pump billions of pounds into the banking system should help allay fears that nervousness among banks could lead to a prolonged rise in the interest rates that they charge each other.