Bank of England Financial Policy Committee says UK Banks more stable but serious risk of future financial turbulence

The latest report from the Bank of England’s financial policy committee www.bankofengland.co.uk/publications/Pages/fsr/2017/jun.aspx shows that UK banks have increased their average capital adequacy ratio to 14% compared with just 3% to 4% before the 2008 meltdown. This increase in capital would enable them to weather a future financial downturn whilst maintaining […]