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UK banks are warned

Britain's banks should expect a more exacting test of their defences next year in the event of a crisis abroad after state-backed lenders narrowly passed a debut check focused on potential domestic strains, the Bank of England warned.

Lloyds and RBS scraped through this year's test, proving they could just withstand the regulator's Doomsday scenario of plummeting UK house prices and soaring unemployment.


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