Politics

UK banks have range of Brexit shock absorbers

23 Jun 2016

British lenders can weather the storm if Britons vote to leave the EU. Banks will no doubt be hit should the economy slow. But it’s harder for them to go bust than it was in 2008. They have bigger liquidity backstops to cope with any bank run - and so does the Bank of England.

Britain’s EU vote: a guide for the perplexed

23 Jun 2016

The UK is voting on whether to leave the European Union. In many ways, Britain is already a euro-anomaly. No matter which way the public votes, the referendum will leave scars, and usher in big changes that go beyond the EU’s borders – whatever shape those may take.