# Bank of England publishes rules for energy firms’ liquidity tool
Published: 2022-10-17
Category: Headlines
Category URL: https://bizdispatch.com/category/headlines/
Meta Title: Bank of England Liquidity Tool Rules Aim to Stabilize Gas...
Meta Description: Learn about the new tool launched by BoE to help energy firms manage gas prices during war in Ukraine. Apply by Jan. 27. #BankofEngland #gasprices #UkraineCr...
URL: https://bizdispatch.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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