UK Banks Pass Stress Test, Boosting Economic Resilience

UKs largest banks pass financial stress test, indicating resilience in the face of economic downturn; Bank of England cuts capital requirements, potentially boosting lending and shareholder payouts; regular tests started post-2008 crisis to ensure banks financial stability.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.