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The Bank of England is set to put out its views on the strength of its its finances soon and various banks in Britain are expected to be told that they could be potentially facing a capital shortfall amounting to £60 billion. In November 2012, the Financial Policy Committee (FPC) warned that there could...

UK Today News: British Inflation Seen By Bank Well Below The 2 Years Target The Bank of England forecasted on Wednesday that in a span of two years, the British inflation will fall well below its target of 2 percent, at the same interest rate at their record low,...