Details from the FPC on the next round of bank stress tests

  • 2016 stress test results will be out 07.00 GMT 30th Nov (watch Mike book that morning off ;-) )

  • Will conduct broader exploratory scenario tests alongside 2017 stress test

  • FPC was unanimous in Sep that there was no need to change July expectations for counter cyclical capital buffers

  • Heightened uncertainty about near term macroeconomic outlook and Brexit was reinforcing domestic risks