European crisis ‘key risk’ for UK banking sector, warns Bank of England

Tuesday, June 29th 2010 - 05:04 UTC

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The European debt crisis is a “key risk” to the UK's banking sector and banks should build up their cash reserves in response, the Bank of England has warned. In its latest financial stability report, the central bank welcomed recent measures taken by the EU to stem the crisis. Read full article

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harrier61
Of course, the pound is improving against the euro. Guess the eurozone is on the slide.
Jun 30th, 2010 - 11:38 am - Link - Report abuse 0
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