The UK must rebuild relations following Brexit, the governor of the Bank of England has said, warning of the economic consequences of leaving the European Union. Speaking alongside the chancellor at the annual Mansion House dinner in the City of London,

Bank of England Governor Andrew Bailey gave a speech at Mansion House in London to investors, commenting on the impacts of Brexit and importance of trade relations with the EU. He said "The changing trading relationship with the EU has weighed on the potential supply" and that the UK must be "alert to and welcome opportunities to rebuild relations.