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Snapshot 2:Fri, Nov 15, 2024 1:10:16 PM GMT last edited by TylerJ

UK: Bank of England Gov. Bailey Calls For Closer EU Ties

UK: Bank of England Gov. Bailey Calls For Closer EU Ties

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    The Facts

    • Bank of England (BoE) Gov. Andrew Bailey has claimed that the UK must "rebuild relations" with the EU during a speech at Mansion House on Thursday.

    • Bailey stated that despite having "no position" on Brexit as a public official, he had to "point out the consequences" of the decision, and claimed the new relationship with the EU had "weighed" on supply levels in the UK economy.


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