UK economy faces growth shock as result of Trump tariffs, says Bank of England governor
Andrew Bailey said UK not close to recession but he would be ‘encouraged’ if trade deal with US was agreedThe Bank of England’s governor, Andrew Bailey, has said the UK economy faces a “growth shock” as a result of Donald Trump’s trade policies.Speaking on the sidelines of the International Monetary Fund (IMF) meetings in Washington, Bailey said that while he did not think the UK was close to recession at the moment, “we are certainly quite focused on the growth shock”. Continue reading...
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Andrew Bailey said UK not close to recession but he would be ‘encouraged’ if trade deal with US was agreed
The Bank of England’s governor, Andrew Bailey, has said the UK economy faces a “growth shock” as a result of Donald Trump’s trade policies.
Speaking on the sidelines of the International Monetary Fund (IMF) meetings in Washington, Bailey said that while he did not think the UK was close to recession at the moment, “we are certainly quite focused on the growth shock”. Continue reading...
