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BCC: Bank of England Stress Test Plans Will Reassure Business

Commenting on the Bank of England’s plans to stress test the UK banking system, Dr Adam Marshall, Executive Director of Policy at the British Chambers of Commerce (BCC), said:

“The Bank’s decision to link stress testing expressly to the needs of the real economy will reassure business. Given that bank financing plays such a huge role in UK firms’ growth potential, it is only right for our central bank to keep a close eye on ensuring that major banks can respond to their business customers’ needs.”

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