Bank of England raises UK banks' capital requirements by 11.4 billion pounds

LONDON (Reuters) - British banks face an 11.4 billion pound increase in capital requirements after the Bank of England said it was raising a key buffer designed to tackle growing risks of lax lending.

from Reuters: Top News http://uk.reuters.com/article/uk-britain-boe-idUKKBN19I0YT?feedType=RSS&feedName=topNews