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Bank of England delays report on health of UK banks to Aug. 6

Wed, 03rd Jun 2020 13:03

LONDON, June 3 (Reuters) - The Bank of England said on
Wednesday it had delayed the publication of its regular
assessment of the health of Britain's banks, the Financial
Stability Report (FSR), until Aug. 6 from a previous July 2
release date.

It cited last month's publication of an interim version of
the FSR which was released alongside a scenario suggesting
economic output could return to pre-COVID levels next year,
despite a 25% fall pencilled in for the current quarter.
(Reporting by Andy Bruce
Editing by William Schomberg)

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