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Podcast: Beyond Currency
Episode: 7 January 2021 - Bailey sees no detrimental effect of Brexit on UK economy
Description: "Bank of England Governor Andrew Bailey spoke yesterday of his confidence that the country would thrive post-Brexit. He commented that he doesn’t see Brexit as a major drag on growth and the benefit of the certainty that deal brings outweighs any new regulation of trade.
He went on to say that he does not have any agenda regarding bank dividends having acted to restore the right of banks to pay dividends and last year's suspension was a one-off.
The pound is struggling to make any further progress against a weakening dollar as the country’s economy faces another recession with...