Financial Stability Review
Themes and Issues, Issue 18
27 June 2005
Issue
18 - June 2005 - Themes and Issues (Full Article)
(734k)
Since last December’s Review, the short-run outlook for the stability of the UK financial system has remained good. The major UK banks, and the borrowers and other counterparties to which they are exposed, have not in general shown any signs of financial fragility. However, the ‘search for yield’ has been continuing and longer-term vulnerabilities may be building because of the still rapid growth in some borrowers’ and financial institutions’ balance sheets. The threats facing the UK financial system are discussed in the Bank of England’s regular assessment of the Financial stability conjuncture and outlook.
Key Resources
|
Memorandum of Understanding between HM Treasury,
the Bank of England and the Financial Services Authority
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