This will probably be the move to expand the Funding for Lending scheme, widely touted recently by BOE and George Osborne, in a bid to stimulate growth.
Read more on FLS here
Not exactly expected to be a game changer, more of a lip-service to recent IMF criticism ( not that George would ever admit it ) and a dire need to inject some cash into the economy rather than just shore up the banks’ capital ratios, but I would just express some caution about the out-of hours announcement time, normally the domain of more revelatory/market shifting releases.
I’ll be here anyway to update what transpires.
