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Home > News and Publications > The financial crisis ten years on: what’s been done to make the system safer?
 

The financial crisis ten years on: what’s been done to make the system safer?

08 September 2017

​In 2007, a global economic disaster was ignited by an unsafe financial system. Jobs were lost, production plummeted and governments used taxpayers’ money to save failing banks.

Since then, much has been done to reduce the risk of this happening again, including new responsibilities for the Bank of England.

Our factsheet explores the reforms put in place since the crisis to make the financial system safer, both globally and within the UK.

Factsheet: The financial crisis ten years on

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 KnowledgeBank

 
Global financial crisis

Is the global financial system any safer than before?

Our KnowledgeBank guide looks at the reforms that have taken place since 2007, and explains how they have contributed to making the financial system safer, fairer and simpler.

Find out more