BOE systemic risk survey 1H 2013

Just out with their report today

  • Perceived risk of high impact event at lowest since 2008
  • Confidence in UK financial system has picked up
  • Key risks facing UK are economic downturn, sovereign risks

The survey was conducted between 22 April and 22 May

79% of those questioned said an economic downturn was one of the main risks to the UK which was up 2 percentage point since October 2012.

76% said that Euro-area sovereign risk remained a potential problem though that was down 12 percentage points.

Risks most challenging to manage as a firm were;

  1. Sovereign risk 63%
  2. Economic downturn 42%
  3. Regulation & taxes 34%

The full survey questionnaire can be found here and the Full details of the survey here.

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