Bank of England scraps pandemic-era curbs on bank dividends

LONDON, July 13 (Reuters) - The Bank of England on Tuesday
scrapped pandemic-era curbs on dividends from HSBC, Barclays and
other top lenders, saying its stress test showed the sector is
well capitalised to cope with the fallout from COVID on the
economy.

The BoE's Financial Policy Committee said the "extraordinary
guardrails on shareholder distributions are no longer necessary
and judges that the interim results of the 2021 solvency stress
test, together with the central outlook, are consistent with
this decision".
(Reporting by Huw Jones and David Milliken)