INTRODUCTION
During the phase of global financial crisis and the great depression which has incurred the great economic loss to all the countries whether developed or underdeveloped. The impacts of such financial drawbacks leads the banking sector and financial institution to the bankruptcy. Therefore, there were no funds or resources available in the banks to operate their activities. It has invited various issues and obstacles in the countries like EU, USA and UK on which they have experienced the obstacles like, inflation, GDP rate, Recession ad unemployment. UK government has made various efforts in designing the financial policies and plans to overcome with such crisis.