By Lars Mucklejohn The Bank of England has said any major UK lender could be safely wound down in a crisis without causing disruption to banking services or forcing a taxpayer bailout. The central bank, which is responsible for ensuring that if a lender fails, it does so in an orderly way, said in a report on Tuesday that the UK’s major banks had “continued to make significant progress in improving their preparations for resolution”. It added that since its previous assessment of crisis planning in 2022, banks had taken steps “including embedding resolution preparations into their everyday bus…
