Tag Archives: Pratley

UK lenders passed Bank’s stress tests – but no one should feel relaxed by the news | Nils Pratley

Terrific news: the banks aren’t about to collapse. The UK’s big lenders would continue to be “resilient”, says the Bank of England, even if the dark clouds over the economy turn into a prolonged thunderstorm. They have sufficient loss-absorbing capital to keep lending to households and businesses even in a …

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Kwarteng’s latest ‘we’re listening’ messaging fails to reduce credibility gap | Nils Pratley

At last, some clarity from Kwasi Kwarteng, even if we’re only talking about the day on which the chancellor intends to make himself clear. The grand unveiling of the debt-cutting plan will happen on 31 October, which risks riffs about ghoulish Halloween tricks but is better than trying to prolong …

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