LONDON (Reuters) – Bank of England Governor Andrew Bailey has warned banks about the risk of Britain failing to reach a post-Brexit trade deal with the European Union before a deadline at the end of 2020, Sky News reported on Wednesday.
Bailey held a conference call with Britain’s biggest lenders in which he emphasised that they needed to step up their plans for a no-deal Brexit, Sky said.
(Writing by William Schomberg, editing by Andy Bruce)
