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UK Is Still Deciding Who Will Access Huge Energy Liquidity Pot

  • Energy Markets Financing Scheme to provide backstop credit
  • Questions remain whether traders and funds can use facility

The UK is still determining who will be able to access the £40 billion liquidity fund it’s creating for the energy industry, amid market rumblings that trading shops and hedge funds could also be eligible.

“We are working on the eligibility criteria for the scheme with the Bank and will update in due course,” a spokesperson for the UK Treasury said in a statement to Bloomberg News.