BoE breaks new ground with ‘exploratory’ stress test

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BoE breaks new ground with ‘exploratory’ stress test

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File photo dated 11/08/14 of a view of the Bank of England, in the City of London. Britain's biggest lenders will have to prove they are able to withstand a sharp slowdown in foreign appetite for UK assets as part of the Bank of England's toughest stress test scenario to date. | Yui Mok/PA Wire/PA Images

The Bank of England published details of its 2017 stress tests on Monday, unveiling a new ‘exploratory’ scenario that will help regulators consider how the UK banking system might evolve to confront long-term headwinds.

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