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UK banks have agreed not to pay out dividends - after BoE firmly suggests they do not, to preserve capital for lending.

Also understand Bank of England has indicated to banks that they should not be paying cash bonuses either. More on #bbcnewsten
Bank of England PRA statement on this, confirming all UK deposit takers have cancelled dividends bankofengland.co.uk/prudential-reg…
European Central Bank did the same last week..
“The PRA also expects banks not to pay any cash bonuses to senior staff”...
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