• The Committee on the financial policy of the Bank of England: UK into a period of uncertainty, correction

Market news

22 September 2016

The Committee on the financial policy of the Bank of England: UK into a period of uncertainty, correction

  • Prospects for financial stability problematic

  • Some households may find it difficult to service their debts if the economic situation deteriorates

  • Risks to the stability of the world economy increased

  • Increased uncertainty about the short-term macroeconomic prospects and future relationship with the EU strengthens domestic risks

  • We remain committed to the implementation of sound prudential standards in the financial system of the United Kingdom

  • There is a risk of falling appetite of foreign investors and the sharp weakening of the pound's exchange rate.

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