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Bank of England aims to boost competition in lending

The Bank of England is proposing cuts to capital requirements for credit unions as part of efforts to remove barriers to stronger competition in lending, Deputy Governor Sam Woods said on Thursday.

Bank of England aims to boost competition in lending
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  • Shared by Reuters
  • October 25, 2019
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Woods added that Britain’s departure from the European Union would give UK regulators more room to simplify financial rules.

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