The Bank of England has increased the amount of money companies can transfer into a buffer fund designed to assist financial institutions during difficult times, such as a recession or a financial crash, as markets prepare for another year of slow economic growth.

Publishing its regular financial stability report on December 16, the UK’s central bank said all the large UK banks it monitors were resilient against both a financial crash and a no-deal Brexit, but it will change its rules on how much rainy-day capital banks must hold, to make them more flexible.