BOE's Bailey Urges Closer EU Trade to Reverse Brexit Damage
Bank of England Governor Andrew Bailey has urged the government to strike a deeper trade deal with the European Union to improve growth and 'minimize negative effects' of Brexit.
In the text of a speech to be delivered at the Irish Association of Investment Managers in Dublin later Thursday, Bailey said 'the evidence on Brexit suggests that the changing trade relationship has weighed' on the UK economy by putting up barriers and hampering productivity.
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