# Bank of England publishes rules for energy firms’ liquidity tool
Author: Pal sinha, Barnali
Author URL: https://startupobserver.com/author/pal-sinha-barnali/
Published: 2022-10-17
Category: Headlines
Category URL: https://startupobserver.com/category/headlines/
Meta Title: Bank of England's New Liquidity Tool for Energy Firms
Meta Description: Learn about BoE's new scheme for energy firms to address gas price swings. Apply by Jan. 27. #BankofEngland #energyfirms #gasprices #Ukrainewar
URL: https://startupobserver.com/bank-of-england-publishes-rules-for-energy-firms-liquidity-tool/

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LONDON (Reuters) – The Bank of England published on Monday the rules for energy firms seeking to use a new liquidity tool designed to help them cope with swings in gas prices caused by the war in Ukraine.

The BoE said applications for using the scheme, which launches on Monday, would run until Jan. 27.

($1 = 0.8872 pounds)

(Writing by William Schomberg; editing by William James)


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