Bank of England Financial Stability Report, Apr 07

The Bank of England published its latest Financial Stability Report for April 2007 on Thursday 26 April. The report said the U.K.'s financial stability is facing a greater threat than it did in July from low corporate lending rates and growth in markets that transfer credit risk.

``Risk-taking is increasing,'' John Gieve, the bank's deputy governor for financial stability said. Growth in markets for transferring credit risk ``could amplify the impact of shocks like a sharp reversal in credit

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