🧵 Andrew Bailey is right ✅ we must reverse Brexit damage! Brexit has clearly damaged UK growth by raising trade barriers which hurt productivity and delivered 4% hit to GDP. UK-EU reset on food checks and energy are welcome but more is needed to minimise damage. www.bloomberg.com/news/article... - ThreadSky

lizwebster.bsky.social • 4 days ago

🧵 Andrew Bailey is right ✅ we must reverse Brexit damage!

Brexit has clearly damaged UK growth by raising trade barriers which hurt productivity and delivered 4% hit to GDP. UK-EU reset on food checks and energy are welcome but more is needed to minimise damage.

https://www.bloomberg.com/news/articles/2025-05-29/boe-s-bailey-urges-closer-eu-trade-to-reverse-brexit-damage

Comments

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inthespotlight755.bsky.social•4 days ago

https://bsky.app/profile/inthespotlight755.bsky.social/post/3lqczns4noc2b

dwaind.bsky.social•4 days ago

Isn’t that what Carney said also? Strange.

iacovos.bsky.social•4 days ago

If even Brexit patsy Bailey thinks it's bad, it's bad

adrianowlett.bsky.social•4 days ago

It's only matter of time before the fagash fascist and his bimbo squeeze bag carrier jump in and pour derision on the Governor of the BoE. Even though they know Brexit is an utter, abject failure they will defend it until the end

doseydaisy.bsky.social•4 days ago

Starmer should go for this now whilst he has a thumping majority. Hit it straight on. There's time to see the rewards before the next election.

paolocraviolatti.bsky.social•4 days ago

Let's hope he doesn't get the boot.... this is the second time he calls for reversing Brexit.
No.10 can't be that happy.

prhh.bsky.social•4 days ago

Didn't the Tories appoint Bailey, because he was a Brexiteer?

tgblue.bsky.social•4 days ago

So why did he support Brexit? Strangely polling suggests that apart from Scotland, Wales and NW England the majority of farmers supported brexit. As did fishermen.

lizwebster.bsky.social•4 days ago

When even Governor of the BoE is warning that Brexit has hobbled growth and that our food and trade system needs urgent repair, it’s time to stop pretending. 🇬🇧 farming, like the rest of economy, has paid a heavy price. It’s time to face the facts, re-align with Europe, and rebuild what Brexit broke!

foxylizard.bsky.social•4 days ago

De Ja Vu Liz.
I recall, a certain Mr. Carney said this loudly & on repeat.
& still does.

buzzardinnit.bsky.social•4 days ago

Bailey was appointed as the least Brexit hostile of the choices too. I don’t think he ever declared his hand but his neutrality made him the Brexiteers choice. The Brexit cacophony is finally being drowned out by sense and reason.

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