Andrew Bailey, the Bank of England governor, has called for the UK to “rebuild” its trading relationship with the European Union, urging that everything possible be done to strengthen long-term trade ties.

His comments follow this week’s UK-US trade deal, which Bailey hopes will be the first of many steps toward easing global trade tensions.

In an interview with the BBC, Bailey described reversing the decline in UK-EU trade since Brexit as “beneficial,” noting the importance of a closer relationship with the bloc.

“It would be beneficial. Having a more open economy to trade with the European Union. Because there has been a fall-off in goods trade with the EU over recent years,” he said.

The governor stressed the EU’s significance as the UK’s largest trading partner. “It is important we do everything we can to ensure that whatever decisions are taken on the Brexit front do not damage the long-term trade position. So I hope that we can use this to start to rebuild that relationship,” he added.

Bailey also expressed optimism about the broader implications of the UK-US agreement, suggesting it could help restore confidence in the global trading system.

“It demonstrates that trade deals are important. Trade deals can be done, and the trade is important…honestly, it seems an unpromising landscape at times. But I hope that we can use these deals to rebuild the world trading system,” he said.

The UK government is currently in discussions with the EU ahead of a summit later this month, aiming to reset its trade and security relationship with Europe.

According to BBC economics editor Faisal Islam, the key diplomatic win with the UK/US trade deal is that it leaves the UK open to do a full EU deal on the likes of food standards.

“By maintaining UK food standards and not, for example, accepting hormone treated beef or chlorinated chicken, a “full fat” food and farm export deal with the EU, similar to Switzerland’s, is now clearly on the cards in the next fortnight. This could slash post Brexit red tape for key exporters both ways,” said Islam.

“Then you have an overall picture of a growing economy, with good trade relations with the US, EU, India and soon the Gulf too, with rates being cut,” he added. By Gabrielle Pickard-Whitehead, Left Foot Forward

THE Defence Headquarters has confirmed the arrest of four security personnel aiding terrorist operations in the North-East.

The suspects include two personnel from the hybrid forces who had been working alongside troops to combat the insurgency.

According to the Director, Defence Media Operations, Markus Kangye, the hybrid forces were arrested during operations from April 26 to 29 across Bama, Kukawa, and Madagali LGAs.

He said they were part of the four terrorist logistics suppliers arrested by the troops.

Kangye expressed concern over the betrayal and warned commanders to sensitise their personnel against acts that could sabotage ongoing military efforts. 

“In a well-coordinated operation conducted from 26–29 April 2025 in Bama, Kukawa, and Madagali LGAs of Borno and Adamawa States, troops intercepted four terrorists’ logistics suppliers. Sadly, two of them were confirmed to be members of the hybrid forces.”

Kangye therefore urged commanders to sensitise hybrid forces personnel to desist from colluding with or encouraging terrorist acts capable of sabotaging operations.

In a separate operation, Kangye said troops, working in collaboration with hybrid forces, conducted offensive missions including fighting patrols, raids, and clearance operations across Gwoza, Dikwa, Bama, Chibok, Gujba, Geidam, and Yunusari Local Government Areas. By Nurudeen AKEWUSHOLA, ICIR

Minister of State at the Ministry of Foreign Affairs H E Dr Mohammed bin Abdulaziz bin Saleh Al Khulaifi with Rwandan Ambassador to Qatar H E Ambassador Igor Marara at the event.

Minister of State at the Ministry of Foreign Affairs H E Dr Mohammed bin Abdulaziz bin Saleh Al Khulaifi with Rwandan Ambassador to Qatar H E Ambassador Igor Marara at the event.