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Bank of England governor urges UK to rebuild EU trade ties as key summit looms

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After US talks, Andrew Bailey says Britain must do everything it can to improve trading relations with bloc

The governor of the Bank of England has said that the UK now needs to do “everything we can” to rebuild its long-term trade relationship with the EU, after a breakthrough agreement with the US to reduce some of Donald Trump’s tariffs.

Andrew Bailey said that, while he would not pass judgment on the UK’s exit from the EU in early 2020, reversing the trade impact of Brexit would be “beneficial”.

Continue reading…After US talks, Andrew Bailey says Britain must do everything it can to improve trading relations with blocBusiness live – latest updatesThe governor of the Bank of England has said that the UK now needs to do “everything we can” to rebuild its long-term trade relationship with the EU, after a breakthrough agreement with the US to reduce some of Donald Trump’s tariffs.Andrew Bailey said that, while he would not pass judgment on the UK’s exit from the EU in early 2020, reversing the trade impact of Brexit would be “beneficial”. Continue reading…