Manual article review is required for this article
Manual article review is required for this article
Manual article review is required for this article
After the financial crisis of 2007–08, a number of banks had been rescued from collapse via the United Kingdom governing administration. The Banking Act 2009 was passed to enhance defense for holders of banknotes issued via the authorised banks, so that the notes might have the same level of guaranteed price to that of Bank of England notes.[a hu