Source · Select Committees · Work and Pensions Committee
Recommendation 6
6
Paragraph: 72
FPC guidance protecting financial stability welcomed, awaiting Bank of England stress test results.
Conclusion
The objective of the latest Financial Policy Committee (FPC) guidance, to protect financial stability is welcome. We look forward to seeing the results of the Bank of England’s planned stress tests, made more pressing by recent rises in gilt yields.
Paragraph Reference:
72
Government Response
A response document is linked to this report, dated 20 November 2023. Response attribution to this conclusion has not been verified. Read the response document ↗