article_snippet: Bank supplied high street lenders with emergency funds in 2007 and 2008 through so-called money-market auctions to stop the banking system freezing up as the credit crunch intensified.
article_snippet: Bank launched the money-market auctions during the financial crisis in an attempt to ensure that high street banks could continue to lend to households, businesses and each other.
highlights_snippet: Bank gave high street lenders emergency funds via money-market auctions .
  