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Brief
On 29/11/2024, the Bank of England issued an update regarding The Bank of England's system-wide exploratory scenario exercise final report. This report details the bank's analysis and findings from a system-wide exploratory scenario exercise conducted to assess potential economic shocks and stress on the UK financial system. The report provides insights into the bank's preparedness and resilience against such events, highlighting key vulnerabilities and areas for improvement in maintaining financial stability.
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