BOE's Bailey Backs UK Trade Opportunities, Including With EU

Bank of England Governor Andrew Bailey, speaking at an event in Zurich Monday, encouraged the UK to pursue any opportunity for greater trade and market access. "If there are opportunities to increase the openness and the markets that we serve, wherever they are, whether it’s the European Union, Switzerland, or anywhere else — other things equal, we should take them,” Bailey said. On Thursday UK Prime Minister Andy Burnham will speak with fellow European leaders in Dublin, before an official UK-EU summit later in the month. (Source: Bloomberg)