The amount required to bailout the Co-operative Bank may be below £1bn despite predictions of a higher figure.
But Co-op chiefs are still facing a major challenge to tackle the crisis affecting the group. The Bank of England has insisted the Co-op find £1.5bn to strengthen its reserves.
Daily Telegraph Business 1
The amount required to bailout the Co-operative Bank may be below £1bn despite predictions of a higher figure.But Co-op chiefs are still facing a major challenge to tackle the crisis affecting the group. The Bank of England has insisted the Co-op find £1.5bn to strengthen its reserves.Daily Telegraph Business 1