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Brexit news

Banks in the UK are ready for Brexit with no deal, says the latest minutes of the last meeting of the CB in February. Capital adequacy is three times higher than in the beginning of the financial crisis and reserves are sufficient to cover potential losses. The House will vote on 12 of March on the new proposals by the government and if they are not approved, will hold a vote on March 13 on whether they want a Hard-Brexit. If the answer is negative again, on March 14, there will be a new vote extend Brexit period.

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