No-deal Brexit to cost more than Covid, Bank of England governor says

Andrew Bailey said failure to agree to deal would cause long-term damage to UK economyThe governor of the Bank of England, Andrew Bailey, has warned that the economic cost of a no-deal Brexit would be bigger in the long term than the damage caused by Covid-19.Bailey said failure to agree to a deal before the Brexit transition expires at the end of December would cause disruption to cross-border trade and damage the goodwill between London and Brussels needed to build a future economic partnership. Continue reading... https://www.theguardian.com/politics/2020/nov/23/no-deal-brexit-to-cost-more-than-covid-bank-of-england-governor-says #brexit #business #bank_of_england #politics #uk_news #andrew_bailey #rishi_sunak #european_union