Bank of England Financial Stability Review, Dec 05

The Bank of England published its latest Financial Stability Review for December 2005 on Friday 16 December. Near-term risks to the UK financial sector from default by households, firms and overseas borrowers seem limited, and conditions in international financial markets have been stable.

Sir Andrew Large, the Bank's Deputy Governor for Financial Stability, commented:

"The UK financial system remains healthy and near-term risks appear limited. But there are issues of potential concern for the

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