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UK banks asked to stress-test their systems against ‘plausible’ global recession
The scenario would see both inflation and interest rates climb to 7 per cent
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cityam.com
Bank of England reveals Armageddon-style scenario for stress test
The Bank of England's scenario maps out a trade fracturing that sends inflation soaring and UK GDP through the floor.
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independent.co.uk
UK banks asked to stress-test their systems against ‘plausible’ global recession
The scenario would see both inflation and interest rates climb to 7 per cent