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BOE Financial Stability Report - November 2024
Global risks associated with geopolitical tensions, global fragmentation (reduced co-operation on trade and international policy) and pressures on government debt levels remain material. Uncertainty around, and risks to, the global economic outlook have increased. As the UK is an economy with a large financial sector and in which trade is significant, these risks are particularly relevant to UK financial stability. Geopolitical tensions also increase the risk of cyber-attacks. The FPC encourages efforts to build national and international resilience to these threats. Long-term government borrowing costs in the UK and ... (full story)