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BoE plans to increase retail deposit leverage ratio to £70 billion

Front view of the Bank of England
The Bank has said the changes will help smaller firms find space to grow. Photo: John Keeble/Getty Images
Hameed Shuja profile image

Hameed Shuja

2 min read

Another indication that the regulators are listening to the government’s message on prioritising economic growth.

The Bank of England’s Prudential Regulation Authority (PRA) has confirmed it’s consulting on making changes to the current retail deposit leverage ratio, and increasing it from £50 billion ($64.6 billion) to £70 billion ($90.4 billion).

In a press release, the banking regulator has said, “[t]his increase would ensure that the threshold continued to

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