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- Moody’s UK outlook negative
Moody’s UK outlook negative
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negative outlook on UK banking system reflects post-Brexit uncertainty
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UK's future trade relationship with EU will lead to reduced confidence, lower investment, consumer spending in UK
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expects UK banks to see asset quality worsen
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UK banks operating environment to weaken
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bank profitability to come under pressure
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expects BOE to continue to support the banking system through on-going provision of contingent liquidity support
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