Bank of England Financial Stability Report, Jul 06

The Bank of England published its latest Financial Stability Report for July 2006 on Wednesday 12 July. It was published in a new-style, providing an assessment of prospects for the UK financial system.

The Report emphasises the high profitability and flexibility of the system, which has allowed it to weather a number of disturbances over recent years. However, it also explores six key sources of vulnerability, the shocks that might trigger them and their potential impact on the system. The

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