New research indicates Brexit has reduced UK exports to the EU by 12%, with services exports down 7% and goods exports down 16%. Leaving the single market accounts for most of this decline, with regulatory costs having a greater impact than customs barriers. Rejoining the customs union would offer only a minor benefit.
Sir Ed Davey calls for Britain to rejoin the EU single market, arguing Brexit has failed and the world has changed since 2016. Public opinion has shifted, with polls showing a majority would reverse the outcome. The Lib Dem leader's stance faces political hurdles, particularly anti-immigration sentiment, but highlights a growing debate on reconnecting with Europe.
The Liberal Democrats are pushing for the UK to rejoin the EU's single market, urging Labour leader Andy Burnham to abandon his party's "red lines" on closer economic ties with Europe. Ahead of the Brexit vote anniversary, the Lib Dems advocate for free movement and a new customs union to reverse perceived economic damage.
EU leaders gather in Tivat to reaffirm commitment to western Balkan enlargement, focusing on integration into the single market, despite internal EU divisions and geopolitical pressures from Russia and China.
The EU has reportedly rejected a UK proposal for a single market for goods, signaling continued friction in post-Brexit trade relations. The UK, under PM Keir Starmer, is seeking closer ties, but the EU is focusing on existing negotiations and other cooperation areas like defense and Ukraine support.
David Miliband stated Britain needs a "national consensus" on rejoining the EU, advocating for a deeper relationship than the government's current plans. He highlighted the UK's economic needs and the EU's evolving landscape, including Ukraine's potential membership.
The British government has reportedly proposed a common single market for goods to the EU, but Brussels has rejected the idea, suggesting a customs union or EEA membership instead. This would require the UK to accept free movement of workers.
UK officials proposed establishing a single market for goods trade with the EU as part of the next phase of Brexit reset, but faced EU skepticism and pushback due to existing red lines. The idea aims for closer economic ties ahead of an upcoming summit.
The UK government proposed a single market for goods with the EU, but EU officials reportedly rejected it, suggesting a customs union or EEA instead. Labour's red lines prevent these alternatives. The UK hopes for agreements on food, emissions trading, and youth mobility at an upcoming summit.
EU Industry Commissioner Stéphane Séjourné urged EU businesses to diversify their suppliers away from China due to escalating trade tensions and Beijing's threats. The EU is considering legislative measures, including forcing car producers to source chips from multiple suppliers, amid concerns over China weaponizing critical supplies.
Commission chief promotes expansive “European champions” agenda as her Spanish No. 2 defends the foundational rules of the EU single market.
Spain, Slovenia and Ireland failed to win the unanimity needed to limit the country's preferential access to the single market.
Legislation would allow government to implement evolving single market rules without full parliamentary scrutiny UK politics live – latest updatesMinisters in Britain are planning a new bill that would bring into force a food and drink trade deal with the EU but also contain powers enabling the government to “dynamically align” with Europe. It would allow the UK to quickly implement evolving single market rules if it determines it is in the national interest, without having to face full parliamentary scrutiny. Continue reading...
