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UK banks 'prepared for Brexit and US-China trade-war', says Bank of England

According to the Bank of England, the UK banking system is sufficiently prepared to absorb the financial impact of a no-deal Brexit following the publication of its Financial Stability Report.

150,000 UK firms ‘not fully ready for no-deal’, says Bank of England governor

Governor of the Bank of England Mark Carney revealed on Thursday that around 150,000 UK businesses have still not completed the necessary paperwork to continue exporting to the EU in a no-deal Brexit scenario.

Bank of England keeps interest rates frozen

UK interest rates remain unchanged by the Bank of England as it weighs up potential risks to economic growth.

Bank of England’s “worst-case scenario” projects house price fall

In September last year, Mark Carney, governor of the Bank of England, met with the cabinet and discussed the potential risks of leaving the EU without a deal.

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