European Union & United Kingdom — Bank of England

European Union: The European Union's common market became a barrier for British exporters like Bridge Cheese after Brexit, leading to increased costs and paperwork for trade. The EU remains the UK's biggest trading partner, and efforts are underway to ease trade friction, such as a summit to slash veterinary checks.

United Kingdom — Bank of England: The United Kingdom — Bank of England Governor, Andrew Bailey, commented on the economic impact of Brexit, stating that making an economy less open restricts growth, though trade will eventually adjust and rebuild.

European Union: European Union factories are facing soaring costs and supply shocks due to the Iran war, impacting manufacturing activity and pushing up inflation.

United Kingdom — Bank of England: The United Kingdom — Bank of England is scheduled to have a rate-setting meeting next week, following the ECB's rate hike in response to inflation.

European Union: The European Union's relationship with the United Kingdom post-Brexit is referenced to illustrate the long-term complexities of separation.

United Kingdom — Bank of England: Mark Carney's experience as governor of the United Kingdom — Bank of England during Brexit informs his warnings about Canada — Alberta's potential separation.