Mar
27
BOE Cites Brexit Among Financial Stability Risks for U.K.
ByThe Bank of England said Brexit, along with household debt and China’s economy, is among the main risks to U.K. financial stability, though it’s no longer the top threat.
In an assessment that comes two days before Prime Minister Theresa May triggers the formal exit from the European Union, the BOE said risks will be influenced by the “orderliness of the adjustment to the new relationship.”…