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MercoPress, en Español

Montevideo, April 19th 2024 - 23:00 UTC

Tag: Bank of England's Financial Policy Committee (FPC)

  • Friday, October 19th 2018 - 06:27 UTC

    “UK has done all it can”, to cushion a no-deal Brexit for the financial sector, says BoE

    Sir Jon Cunliffe suggested British authorities had made significant efforts through the likes of banking stress to prepare the financial sector for a cliff-edge exit

    The United Kingdom has done “all it can” unilaterally to cushion the blow of a no-deal Brexit for banks and financial firms, a Bank of England deputy governor has said. Sir Jon Cunliffe seemed to place the ball firmly back in the EU’s court, after suggesting that British authorities had made significant efforts through the likes of banking stress tests and a temporary permissions regime to prepare the financial sector for a cliff-edge exit.

  • Saturday, June 7th 2014 - 04:37 UTC

    IMF warns UK about a possible 'housing bubble' and low productivity

    The chancellor said the IMF was “right to warn the government that risks still remain” to the UK's economic recovery.

    The International Monetary Fund (IMF) has warned the government that accelerating house prices and low productivity pose the greatest threat to the UK's economic recovery. Rising property values could leave households more vulnerable to income and interest rate shocks.