Quotes from the news wire:
Such disruption to the economy should have lower impact on the core banking system than the recent stress tests run by the Bank of England have shown the system can withstand, those stress tests demonstrated that banks would be able to continue to lend to households and businesses even while absorbing the effects of substantial and a prolonged economic downturns, in both the UK and the global economies, as well as falls in asset prices much larger than experienced in recent weeks.
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