Financial stability report from Mark Carney Governor (BoE)

The Bank of England Governor speaks on the financial stability report this morning, potentially laying out plans to deal with any issues that may arise as a result of the Brexit vote on 23 June.

Financial stability report July 2016. Governor’s opening remarks.
Today, I want to outline how the Financial Policy Committee (FPC) is ensuring that the financial system can dampen shocks and help firms and households to seize opportunities associated with the UK’s new relationships with Europe and the world.

The FPC’s efforts are part of a four part Bank of England plan:

First, to identify clearly the risks to financial stability and be straight with the British people about them;

Second, to build on series of measures taken over recent years that have increased the resilience of the financial system;

Third, to supplement this core strength with contingency measures implemented in the past few months to address immediate risks to financial stability;

Fourth, to take action to support jobs and growth during a period of heightened uncertainty.

To read the report in full click here

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Home and Living

Navigating a Move with Your Baby: 7 Sanity-Saving Tips

Moving to a new home can be exciting and stressful, and adding a baby to the mix becomes a whole new adventure. Babies require extra attention and care during a move, but with some thoughtful planning and a few sanity-saving tips, you can make the transition smoother for you and your little one. In this…
Read More
Home and Living

Creating Privacy with Window Treatments: A Comprehensive Guide

When it comes to keeping your home a private sanctuary, you need the right window treatments. Whether you want complete blackout, light diffusing options, or sheer privacy curtains to let in sunlight while maintaining discretion from outsiders – there are plenty of creative ways to customize your windows for maximum personal security and protection. In…
Read More
Home and Living

Glass Shower Doors Styles: Finding the Ideal Fit for Your Bathroom

Are you ready to update your bathroom and give it a luxurious, sophisticated feel? Installing glass shower doors is the perfect way to brighten up any bathroom and add a stylish touch. There are a wide variety of styles available that can fit into any space or design theme. But which type of glass shower…
Read More
Home and Living

What’s the Best Time of Year to Have New Insulation Installed?

Do you think the winter may be an ideal time to schedule some home improvements, such as new insulation? While many of us take on renovations and repairs during this chilly season, it’s important to consider the advantages and drawbacks of having your insulation installed in each season before making a commitment. For those who…
Read More
Estate Agent Talk

The Ultimate Guide to a Successful Loft Conversion in London

Welcome to the exciting world of loft conversions in London! If you’re looking to add space, value, and style to your London home, a loft conversion might just be the perfect solution. In this comprehensive guide, we’ll navigate through the essential steps, considerations, and insider tips specific to London loft conversions to transform your attic…
Read More
Breaking News

Breaking Property News – 30/11/2023

Daily bite-sized proptech and property news in partnership with Proptech-X.   iamproperty announces appointment of Mark Lewis as New Group Chair Press Release London 29th November 2023: iamproperty is pleased to welcome Mark Lewis as Group Chair. The appointment comes at a key time for the business, with work well underway to deliver its vision of an integrated ecosystem…
Read More