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UK financial regulator says it's facilitating economic growth

( June 26, 2025, 13:03 GMT | Official Statement) -- MLex Summary: Britain's prudential watchdog has facilitated growth and contributed to the government's primary mission to boost the country's economy, the regulator said in its second annual report on its growth and competitiveness objective. The Prudential Regulation Authority, the regulatory arm of the Bank of England, reiterated that its primary objective remains financial stability. The watchdog published in parallel an annual report on its work, where BOE governor Andrew Bailey said that "the PRA has continued to play a pivotal role in ensuring the stability and resilience of the UK banking and insurance sectors over the past year."Reports are attached....

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