Bank of England governor, Mervyn King, says RBS and HBOS were within hours of a liquidity shortfall on 6 October 2008, and the day after, as the country's financial system came to the brink of collapse.
Bloomberg reports King as saying "two of our major banks which had had difficulty in obtaining funding could raise money only for one week then only for one day, and then on that Monday and Tuesday it...
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Will also move heritage items
Responding to letter from Treasury Committee chair Nicky Morgan