Bank of England Governor Bailey: The core problem facing the UK is economic growth. The UK's core banking system is resilient; the level of UK debt is not too high. The core banking sector is resilient, and debt levels are not under excessive pressure.

Bank of England Governor Bailey: The core problem facing the UK is economic growth. The UK's core banking system is resilient; the level of UK debt is not too high. The core banking sector is resilient, and debt levels are not under excessive pressure.