Bank of England flags economic storm

By Andy Bruce and Huw Jones
Updated July 5 2022 - 10:56am, first published 10:50am
Bank of England Governor Andrew Bailey says banks should brace for an economic storm.

The Bank of England has warned that the economic prospects for Britain and the world have darkened since the start of the year and told banks to ramp up capital buffers to ensure they can weather the storm.

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