Why do we need the Govenments money?
The Government is very concerned about the stability of the UK financial system and is taking a number of steps to improve confidence in the system and ensure stability and certainty for customers, employees and other stakeholders. As a result, we want to ensure a more secure capital structure and with the support of Government are increasing our capital ratios which then gives us access to a number of Government supported funding schemes. Other major UK banks have also taken action to strengthen their capital ratios and access these funding schemes and it is important that we are not disadvantaged as a result.
