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. https://www.worldfirst.com/uk/blog/economic-updates/no-deal-preparation-must-go-on/
blog article
NO-DEAL PREPARATION MUST GO ON
Yesterday’s speech from Bank of England Governor, Mark Carney, was well rounded, focusing on both sides of the coin. A series of weekly Euro auctions and a direct Euro swap line have been created to help ensure UK banks don’t face any future liquidity problems. The current no-deal preparations will go some way to limiting the damage should the negotiations process grind to a halt. There have been further statements from the car maker industry, suggesting that they too will move operations if required. Sky News reported that there could be a complete reduction in tariffs for 80-90% of all goods in the wake of a no-deal. RACHEL HOCKING READ MORE