(Bloomberg) -- London's financial industry -- from banks to hedge funds to insurers -- is pretty clear when it comes to the number one risk to financial stability: Brexit. U.K. political risk has jumped to the top of the chart in the Bank of England's latest biannual survey, and almost every respondent who cited it explicitly referred to the European Union referendum. Asked what issue is the hardest to manage, political risk also comes out on top, scoring more than twice as high as the second-ranked threat.
To contact the reporter on this story: Fergal O'Brien in London at fobrien@bloomberg.net.
To contact the editors responsible for this story: Craig Stirling at cstirling1@bloomberg.net, Brian Swint
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