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Moody's downgrades outlook for UK banking system

The UK banking system’s outlook has been downgraded by credit ratings agency Moody’s, after it cited a swathe of challenges facing lenders in the year ahead.

Moody's downgrades outlook for UK banking system
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UK banking system’s outlook downgraded

Flagging the persistently low interest rate environment and a competitive mortgage market, Moody’s is forecasting a modest slide in profitability.

Read more at CityAM.

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