Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

HSBC’s Flint Warns Borrowing Costs Will Rise, Telegraph Says

April 22 (Bloomberg) -- Douglas Flint, the chairman of HSBC Holdings Plc, said the Bank of England’s new Financial Policy Committee is likely to increase borrowing costs for companies, the Sunday Telegraph reported, citing a speech.

The committee, which has proposed to have powers over the amount of capital that lenders should hold, would reduce companies’ access to credit and increase its cost, Flint said in a speech to corporate treasurers in Liverpool, according to the report.

To contact the reporter on this story: Ben Moshinsky in London at

To contact the editor responsible for this story: Anthony Aarons at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.