UK must rebuild trade relationship with EU, says BoE boss; China-US shipments slump – business live

News Snapshot:

02.18 EDT UK must 'do everything' to rebuild trade with EU, Bank of Engand boss says The Governor of the Bank of England has called for Britain to “rebuild” its trade relationship with the European Union, as the UK celebrates yesterday’s trade deal with the US. Andrew Bailey has told the BBC that reversing the post Brexit hit to UK-EU trade would be “beneficial”. And while Bailey was keen not to take a view on Brexit, as a public official, he also argued that a closer relationship between the UK and the EU would help the economy and inflation. Bailey...