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IFA Online (November 23)

2011/ 11/ 24 by jd in Global News

“Fears of a financial crisis hitting the UK are at their highest level since the collapse of Lehman Brothers.” The risk of “a high impact event” occurring has risen to the highest level since the 2008 collapse according to the Bank of England’s Systemic Risk Survey. 76% of respondents identified “sovereign risk and the threat of an economic downturn” as “the biggest danger to the financial system.”

 

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