UK must rebuild post-Brexit relations with EU, says Bank boss

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UK must rebuild post-Brexit relations with EU, says Bank boss - BBC Business

Quick Summary:

Governor Andrew Bailey delivers his strongest comments yet on the UK's departure from the EU.

Some politicians have said there could be a better relationship between the UK and the EU."We need to be positive here and optimistic that a better deal can be actually closed on that front," Spain’s Finance Minister Carlos Cuerpo told the BBC.

Vicky Pryce, chief economic adviser to the Centre for Economics and Business Research, said if that were to happen, "it is actually quite questionable whether the UK could have a special relationship with the US when it still trades quite substantially with Europe".