UK banks are resilient to a worst-case disorderly Brexit, but such an event will cause significant market volatility, the Bank of England said in its Financial Stability Report on Thursday.
Further, the report said most risks to financial stability from the disruption to cross-border financial services in a no-deal Brexit have been mitigated. Nonetheless, further actions by EU authorities are needed.
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Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.