
What has been in the News
The Capital Adequacy Rating of your Bank or Building Society becomes even more important in the wake of any form of Global turmoil, such as the one currently occurring between the USA and Iran.
Oil prices around the world have risen, which will increase levels of inflation around the world and change the economic landscape.
The Bank of England has warned that the economic shock from the Middle East conflict is intensifying risks to the financial system threatening to 'crystallise' numerous vulnerabilities at the same time - reports the Financial Times.
The Savings Bureau monitors the Capital Adequacy Ratings of every Bank and Building Society within the UK and can explain how the risks manifest themselves and the impact they may have.
The FT reports, 'the supply shock from the war in Iran, causing a surge in oil prices and a sell-off in equty and bond markets, is likely to intensify faultlines in the financial system . . .'.
It is time to make sure your money is properly protected.