UK banking sector ‘extremely vulnerable’ to financial crisis, report warns

Britain’s financial system is “extremely” vulnerable to future crisis under current regulations, a new report warns. The New Economics Foundation (NEF) says the UK’s banking industry is the least resilient of all G7 nations. The report warns the resilience of Britain’s financial system has only slightly improved since the 2008 crisis. The NEF calls for … Continue reading UK banking sector ‘extremely vulnerable’ to financial crisis, report warns