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BoE Governor 'very pleased' about UK-US trade deal

Video Credit: ODN - Duration: 00:46s - Published
BoE Governor 'very pleased' about UK-US trade deal

BoE Governor 'very pleased' about UK-US trade deal

Andrew Bailey says he is "very pleased" that the UK and the US have reached a trade deal agreement.

But the governor of the Bank of England adds the deal will become much more important "if it becomes the trendsetter" for agreements involving the rest of the world.

His comments come after the Bank of England cut interest rates from 4.5% to 4.25%.

Report by Brooksl.

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