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flag The Bank of England eases rules for smaller banks to increase competition in mortgage lending.

flag The Bank of England plans to ease rules for smaller and mid-sized banks to boost competition in the mortgage market. flag New rules will simplify restrictions for smaller finance firms, with most new capital rules for British banks to start in 2027, but part delayed until 2028. flag The Prudential Regulation Authority (PRA) will introduce a "strong and simple framework" to reduce capital rules for smaller non-systemic banks, and will also consider plans to help mid-sized banks grow by adjusting barriers to providing residential mortgages.

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