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WorldPosted at: Nov 16 2017 1:50PM


Need for Brexit transition seen in UK and Europe - Carney

LONDON, Nov 16 (Reuters) Bank of England Governor Mark Carney said on Thursday there was a broad understanding in Britain and in Europe of the importance of reaching a transition deal for Brexit and a good trade and investment deal after that.
"The government recognises, parliamentarians, businesses, people across the country, people in Europe recognise as well that it is in everyone's interest to have at a minimum a transition period to the new relationship," Carney said in an interview with ITV television.
He said there was also recognition of the need for "as comprehensive and open a trading and investment partnership between the UK and the EU 27 at the end of that transition."
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