BOE Frees U.K. Banks From Pandemic Dividend Restrictions

The transcript discusses a report on stress tests conducted on British banks, highlighting the positive impact of the UK's vaccination program on bank stability. It contrasts the UK's approach to dividend payouts with the EU's more cautious stance. The market reacted positively to the UK's decision, with British banks seeing a rise in stock prices. The EU is expected to follow suit in a few months, but for now, UK banks have an advantage.

What has been the reaction of British banks to the lifting of restrictions on payouts?

What is the expected timeline for EU banks to be allowed to make similar decisions as UK banks?