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Brexit: Bank of England tells lenders to ramp up preparations for no deal

from Independent

Brexit: Bank of England tells lenders to ramp up preparations for no deal Independent Banks should prepare for the possibility of a no deal in post-Brexit trade talks between Britain and the European Union, the Bank of England said recently. The UK left the EU in January but is covered by a transition period that is due to end on 31 December. Talks on a future trading relationship between Britain and the EU entered a fourth round this week. READ MORE

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