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.
Published on
08 September 2017