EU demands on future regulation ‘problematic’ says Bank of England governor

The Bank of England will support the Government in future EU negotiations, Mr Bailey said (Luciana Guerra/PA)

The governor of the Bank of England has said that it is “problematic” that the European Union wants information on what regulations the UK wants to change in the future.

Andrew Bailey was speaking of the demand for so-called “equivalence” which ensures UK and EU rules are in line.