Mudcat Café message #4080694 The Mudcat Café TM
Thread #168430   Message #4080694
Posted By: DMcG
23-Nov-20 - 02:31 PM
Thread Name: BS: Brexit & other UK political topics
Subject: RE: BS: Brexit & other UK political topics
Bank of England governor says a "No-Deal" Brexit would cost more than covid

Speaking to MPs on the Commons Treasury committee, he said the fallout from the pandemic and the second national lockdown in England was having a much bigger short-term impact on the economy. However, “the long-term effects, I think, would be larger than the long-term effects of Covid. But … it would be better to have a trade deal, yes, no question about it.”

Nice to know, I suppose.