Andrew Bailey right that the UK must urgently rebuild trade with Europe

EMBARGO: Immediate Release

Responding to the Governor of the Bank of England’s comments that the UK now needs to "rebuild" Britain's trade relationship with the EU, Liberal Democrat Deputy Leader and Treasury Spokesperson Daisy Cooper said:

“Andrew Bailey has today added his voice to what Liberal Democrats have been saying for years: that we urgently need to rebuild our trading relationship with our closest and most significant economic partners in Europe.”

“This isn't about revisiting the past, it's about boosting our economy and deepening cooperation for the future. Despite the Government’s US deal, Trump’s trade tariffs are still hitting key British industries and threatening the livelihoods of people across the UK.”

“The Government must embrace a pragmatic and ambitious approach to our relationship with the EU - cutting red tape and providing a vital boost for our businesses.”

ENDS

Notes to Editor: 

Bailey's comments reported here: https://www.bbc.co.uk/news/articles/cr7zr4gnknxo