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UK banking system can support economy despite disorderly Brexit, says BOE

Published Tue, Nov 28, 2017 · 09:50 PM

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London

BRITAIN'S banks could cope with a "disorderly" Brexit without needing to curb lending or be bailed out by taxpayers, the Bank of England said on Tuesday after carrying out its annual health check on lenders.

For the first time since it started "stress-testing" banks in 2014, none of Britain's major lenders would need to raise extra capital, the BOE said.

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