BoE warns Italian bank crisis could spark 'doom loop' for UK
UK exposured to Italy via German and French banks
Bank of England issues warning
The Bank of England has warned that a banking crisis in Italy could trigger a "doom loop" which could threaten the financial stability of the UK.
Officials from the BoE have voiced concerns that a problems with Italian lenders could spread across the eurozone and hit the UK economy through French and German banks, The Telegraph reports. Both...
More on News
Most read
Back to Top