# Bank of England publishes rules for energy firms&#8217; liquidity tool
Published: 2022-10-17
Category: News
Category URL: https://tradingherald.com/category/news/
Meta Title: Bank of England Launches Energy Liquidity Tool for Gas Pr...
Meta Description: Discover the new rules by the Bank of England to help energy firms manage gas price fluctuations during the Ukraine conflict. Apply now!
URL: https://tradingherald.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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