Bank of England Eases Rules for Banks to Encourage Lending and Meet Brexit Challenge

 

Britain’s central bank has announced further measures to make sure the UK economy is protected from the effects of Brexit.

That comes after the release of the bank’s twice-yearly Financial Stability Report, which warned: “The current outlook for UK financial stability is challenging.”

Bank of England (BoE) governor Mark Carney said the risks from Brexit have started to crystallize.

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Source: euronews.