Geopolitics and cyber security remain top systemic risks – BoE
Respondents less worried about UK stability, but international tensions a growing concern
Geopolitical tensions and cyber security still pose the main systemic risks to the UK’s financial sector, according to the latest biannual survey by the Bank of England (BoE).
The proportion of respondents to the H2 Systemic Risk Survey who cited geopolitics as their main concern was 42%. This was the highest-scoring risk factor, though the figure was only a 1 percentage point increase on the findings in the BoE’s H1 survey.
Cyber risk was cited as the main source of risk by 31% of respondents – a
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