Good morning: The Bank of England has scrapped pandemic-era curbs on UK banks — including HSBC, Barclays and Lloyds — paying dividends, saying its stress test showed the sector was well capitalised to cope with the fallout from Covid-19 on the economy. At the height of the pandemic the Bank imposed a ban on dividend payments and share buy-backs until the end of 2020. The Bank eased its curbs last December as the pandemic’s fallout became clearer, saying payouts could continue within “guardrails” that kept dividends low. SponsoredThe move came as the Bank published its bi-annual Financial Stability Report, which sets out its view on the stability of the UK financial system. The report warned of a
Source: The Times July 13, 2021 07:07 UTC