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

Home / United Kingdom / Bank of England governor urges UK to rebuild EU trade ties as key summit looms
Bank of England governor urges UK to rebuild EU trade ties as key summit looms
  • June 8, 2025
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Bank of England governor urges UK to rebuild EU trade ties as key summit looms

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

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The governor of the Bank of England has said that the UK now needs to do everything it 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”.

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Mark Sweney and Phillip InmanSource

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