The Bank of England has raised the UK countercyclical capital buffer rate from 0.5% to 1%, establishing a system-wide total buffer of £11.4bn to protect against the potential risks arising from possible Brexit outcomes.
According to its latest Financial Stability Report, the BoE said a combination of a "disorderly" Brexit, severe global recession and stressed misconduct costs could result in "more severe conditions" than...
Four potential outcomes
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