No-deal Brexit worse than Covid for UK economy, says Bank of England chief

Guardian News published this video item, entitled “No-deal Brexit worse than Covid for UK economy, says Bank of England chief” – below is their description.

The governor of the Bank of England, Andrew Bailey, has warned that the economic cost of a no-deal Brexit would be bigger in the long term than the damage caused by Covid-19. The fallout from the pandemic and the second national lockdown in England was having a much bigger short-term impact on the economy, Bailey said, but he argued the lack of a trade agreement would cause long-lasting damage when he spoke to MPs at a Treasury committee meeting No-deal Brexit to cost more than Covid, Bank of England governor says

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