Bank of England chief warns of Brexit consequences as he calls for UK to rebuild EU relations

The Governor of the Bank of England, Andrew Bailey, emphasized the need for the UK to rebuild relations post-Brexit to avoid economic consequences, noting the impact on trade and potential supply due to leaving the EU single market. While acknowledging the decision of the British people, Bailey highlighted the importance of welcoming opportunities to strengthen ties with the EU and navigating geopolitical shocks affecting the world economy.

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