The Bank of England will let lenders keep their so-called countercyclical capital buffer at zero throughout 2021, in a bid to keep banks lending throughout the Covid crisis. The CCyB level was set at 1% of risky assets before the crisis and was meant to rise to 2% before coronavirus hit the UK in the spring. The central bank set the rainy day fund rate to 0% in March to help banks absorb any losses arising from the Covid pandemic.
I dont think the vaccine was approved in the USA. Check your facts.
thoughts on ur journalists?
Interesting that you use brexit as a reason for stocks falling, but don't highlight that the FTSE gained and the DAX fell on the news yesterday.. Pfizer which trades on the NYSE has no correlation to brexit. It is simply a case of people cashing in on big recent gains.
thanks for this news