The Financial Policy Committee (FPC) aims to ensure the UK financial system is resilient to the wide range of risks it faces. The FPC assesses the overall risks from the domestic environment to be at a standard level: most financial stability indicators are neither particularly elevated nor subdued. As is often the case in a standard environment, there are pockets of risk that warrant vigilance. Consumer credit has increased rapidly. Lending conditions in the mortgage market are becoming easier. Lenders may be placing undue weight on the recent performance of loans in benign conditions. Exit negotiations between the ... (full story)