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We haven't been able to take payment You must update your payment details via My Account or by clicking update payment details to keep your subscription. Act now to keep your subscription We've tried to contact you several times as we haven't been able to take payment. You must update your payment details via My Account or by clicking update payment details to keep your subscription. Your subscription is due to terminate We've tried to contact you several times as we haven't been able to take payment. You must update your payment details via My Account, otherwise your subscription will terminate. Monday May 6 2024 Mounting pressure on the £6.5 trillion private equity industry raises the risk of a crunch that could cause big losses for banks and a crisis that spills over into the real economy, the Bank of England has warned. Regulators are stepping up scrutiny of the private equity market amid worries that sharp rises in interest rates in the past two years are creating problems for an industry that is heavily reliant on debt. Gauging the scale of the threat has been made more difficult by the "opacity, complexity, and interconnectedness of the sector," Nathanael Benjamin, the Bank's executive director for financial stability strategy and risk, cautioned on Monday. • Private equity is not a magic money tree to power Britain's growth He warned that recent
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