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Bank of England governor says Brexit has undermined UK economy

Andrew Bailey callls for relations with EU to be rebuilt as Trump plans US tariffs

The Bank of England governor has urged ministers to “rebuild relations” with the EU, warning that Brexit has undermined the UK’s economy.

Speaking at the Mansion House dinner in the City of London on Thursday evening, Andrew Bailey said he took no position on Brexit “per se”, but added: “I do have to point out consequences.”

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