Banks may be forced to boost reserves
British banks may have to hold more funds to guard against the risk of a future economic downturn, the Bank of England has proposed. BBC News – Business
British banks may have to hold more funds to guard against the risk of a future economic downturn, the Bank of England has proposed. BBC News – Business
The UK housing market is showing signs of slowing down, the Nationwide says, with the annual rate of price growth slowing to 9% in October. BBC News – Business
Deutsche Bank swings to a loss in the third quarter because of higher legal costs to settle investigations. BBC News – Business
More could be done to punish traders who try to manipulate financial markets, the deputy governor of the Bank of England has said. BBC News – Business
Profit warnings by UK-listed firms rise to the their highest summer level for six years, according to forecaster EY. BBC News – Business
Better protection is needed for consumers buying used cars, says a commission studying the high level of complaints against the sector. BBC News – Business