BoE’s Bailey sets out limits to central bank SME support

Andrew Bailey

The Bank of England's (BoE) deputy governor for prudential regulation, Andrew Bailey, has offered a reality check on the extent to which programmes such as the BoE's funding for lending scheme (FLS) can boost financing to small and medium-sized enterprises (SMEs).

Speaking yesterday at the annual dinner of the Society of Business Economists, Bailey stressed it was "important here to be clear" about the limits to central bank action. "Although we can have some influence over the supply of credit

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account