RE: Climate tests?22 Apr 2021 12:09
"potential new stress tests/capital buffers on UK banks performance and investment regarding climate change."
Disgraceful, that the UK government doesn't have capital buffers for black swan events (Sovereign wealth funds)
Will, we ever move from micromanagement to professional accountability, improving financial performance to balance Britain's budget?
Too easy to point the finger at banks, climate, and such likes, diverting the spotlight away from the real underlying problem, the government's inept business acumen which rarely leads to a good outcome.
ATB, we are going to need it.