Could junk debt lead to a new subprime-style meltdown?

Bank of England sparks concern among central banks after revealing the size of the global risky loan market

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Canary Wharf is home to some of the UK's biggest banks and corporations
(Image credit: Matt Cardy/Getty Images)

Fears are growing that $1.4 trillion worth of junk debt could spark the next global financial meltdown, after research from the Bank of England revealed the size of the risky loan market.

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