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Bank of England sees challenging outlook after Brexit vote, eases rules for banks



LONDON (Reuters) - The Bank of England took steps on Tuesday to ensure British banks keep lending and insurers do not dump corporate bonds during a "challenging" period that looks set to follow the country's vote to leave the European Union.


Other News

Canada’s OpenText to buy some HP Inc assets for $315 million (Reuters) - Canadian business software maker OpenText Corp said it would buy HP Inc's customer management software business for $315 million.
GE Capital asks U.S. government to lift ‘too big to fail’ designation WASHINGTON (Reuters) - General Electric Co's GE Capital financing arm on Thursday formally asked the U.S. government to stop designating it as a "sy...
Labor groups criticize Disney over worker conditions at China suppliers SHANGHAI (Reuters) - China-based labor groups have criticized Walt Disney Co over conditions at a small number of its local suppliers, highlighting...

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