On 10 August 2007, HM Treasury published a

(the Review).

The Review concludes, amongst other things, that the ratio of eligible liabilities (essentially sterling deposits made with that financial institution) above the £500 million threshold which a financial institution must hold at the Bank of England should be reduced from 0.15% to 0.11%. This would benefit financial institutions. It would also affect the calculation of mandatory costs on sterling loans contained in a typical loan agreement and charged to the borrower.