UK government, companies agree on need for Brexit transition: Carney

LONDON (Reuters) – Bank of England Governor Mark Carney said on Thursday there was a broad understanding in Britain of the importance of reaching a transition deal for Brexit and a good trade and investment deal with the European Union after that.

“The government recognizes, parliamentarians, businesses, people across the country, people in Europe recognize as well that it is in everyone’s interest to have at a minimum a transition period to the new relationship,” Carney told ITV (LON:) television.

Carney 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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