The calls will please MPs and others who want to see further progress in the post-Brexit “reset” of relations between Britain and the EU, but risk angering those who already accuse the Government of undermining the result of the 2016 referendum which saw the UK leave the bloc.
# ‘UK’s future is bound with Europe’
Speaking at the London School of Economics on Wednesday, Reeves said: “I strongly believe that Britain’s future is inextricably bound with that of Europe’s. And that is for economic reasons that I’m primarily responsible for as Chancellor, but also reasons of security, resilience, and defence.”
She added that on trade “the biggest prize is clearly with the EU, adding: “The truth is economic gravity is reality, and almost half of our trade is with the European Union. We trade almost as much with the EU as the whole of the rest of the world combined.
“And so I’m all up for doing deals with India and the US and Korea, but none of them are going to be as big as what we can get through better trade relations with Europe.”
The Chancellor admitted that getting closer to the EU would mean adopting more of Brussels’ regulations in certain sectors – including potentially on a unilateral basis to enable European companies to do business in the UK.
Belydrith on
If only there would have been a way to do that while actively benefiting from everything else that comes along with it.
Adorable-Database187 on
Cant they just have another referendum and come to a mutually beneficial deal.
Part of this shitshow was the UK’s habit of blaming Europe for whatever sucked while taking credit for what didnt.
spiritplumber on
lol. lmao, even
doxxingyourself on
Talk about getting it in both ends lol
I mean some people like that and I hope they get that as much as possible during their lifetimes, sex positivity and all that, I just didn’t realize so many of those people were Brits lol
IllustriousGerbil on
Idiotic.
HazexTG on
Hold a second referendum you muppets. And fast track it.
krazydude22 on
Interesting that she has dropped the “join the CU” talk to now repeat “get closer to the single market” line, basically aligning with Starmer. Wonder if recent events with Mandelson-Epstein has brought about some sort of realignment in Labour behind Starmer and I think we are heading into a general election where Brexit and EU will again be on topic for the ballot..
Zhukov-74 on
>She touted the government’s recent trade deals with India, Switzerland, the US, and Korea, but said: “The biggest prize is clearly with the EU, and we have made progress there.”
I have followed Brexit ever since [Theresa May](https://youtu.be/tbCDFNRA-Wo?si=jZSAJ3Az9NEMVCYn) became Prime Minister and i won’t deny that comments like this are quite euphoric after years of Conservative pro-Brexit statements.
WinningTheSpaceRace on
Sensible. If our businesses already follow European rules because they’re also our rules, they won’t have two different bits of legislation to follow on every issue.
Cute_Ad_9730 on
Very few single market ‘rules’ have been changed in the UK anyway, why would they ? We were involved in implementing them in the first place.
Chemical-Skill-126 on
It was such a stupid moment to witness UK leaving the EU.
When a fellow is so retarded you just start crying.
Mountain_Strategy342 on
Jolly good. The net effect has been pushing the prices of exports up by 20% (import duty) to our EU customers compared to domestic competitors.
DaySecure7642 on
Only sign up for the benefits, not the obligations ok?
15 commenti
The UK Government will consider signing up to follow EU rules to help boost the economy even without getting anything in return from Brussels, [Rachel Reeves has revealed](https://inews.co.uk/news/politics/labours-real-problem-and-its-not-starmer-or-mandelson-4223621?ico=in-line_link).
The Chancellor said that [closer trading ties to the rest of Europe](https://inews.co.uk/news/politics/brexit-cost-uk-universities-cheaper-fees-4202185?ico=in-line_link) would be her priority ahead of striking new deals with non-European countries.
She has rejected the idea, [supported by some in Labour](https://inews.co.uk/news/politics/streeting-warned-disloyalty-cabinet-botched-coup-attempt-4226112?ico=in-line_link), of rejoining the EU’s customs union and is instead calling for greater integration with the single market which is meant to reduce trading barriers between countries.
The calls will please MPs and others who want to see further progress in the post-Brexit “reset” of relations between Britain and the EU, but risk angering those who already accuse the Government of undermining the result of the 2016 referendum which saw the UK leave the bloc.
# ‘UK’s future is bound with Europe’
Speaking at the London School of Economics on Wednesday, Reeves said: “I strongly believe that Britain’s future is inextricably bound with that of Europe’s. And that is for economic reasons that I’m primarily responsible for as Chancellor, but also reasons of security, resilience, and defence.”
She added that on trade “the biggest prize is clearly with the EU, adding: “The truth is economic gravity is reality, and almost half of our trade is with the European Union. We trade almost as much with the EU as the whole of the rest of the world combined.
“And so I’m all up for doing deals with India and the US and Korea, but none of them are going to be as big as what we can get through better trade relations with Europe.”
The Chancellor admitted that getting closer to the EU would mean adopting more of Brussels’ regulations in certain sectors – including potentially on a unilateral basis to enable European companies to do business in the UK.
If only there would have been a way to do that while actively benefiting from everything else that comes along with it.
Cant they just have another referendum and come to a mutually beneficial deal.
Part of this shitshow was the UK’s habit of blaming Europe for whatever sucked while taking credit for what didnt.
lol. lmao, even
Talk about getting it in both ends lol
I mean some people like that and I hope they get that as much as possible during their lifetimes, sex positivity and all that, I just didn’t realize so many of those people were Brits lol
Idiotic.
Hold a second referendum you muppets. And fast track it.
Interesting that she has dropped the “join the CU” talk to now repeat “get closer to the single market” line, basically aligning with Starmer. Wonder if recent events with Mandelson-Epstein has brought about some sort of realignment in Labour behind Starmer and I think we are heading into a general election where Brexit and EU will again be on topic for the ballot..
>She touted the government’s recent trade deals with India, Switzerland, the US, and Korea, but said: “The biggest prize is clearly with the EU, and we have made progress there.”
I have followed Brexit ever since [Theresa May](https://youtu.be/tbCDFNRA-Wo?si=jZSAJ3Az9NEMVCYn) became Prime Minister and i won’t deny that comments like this are quite euphoric after years of Conservative pro-Brexit statements.
Sensible. If our businesses already follow European rules because they’re also our rules, they won’t have two different bits of legislation to follow on every issue.
Very few single market ‘rules’ have been changed in the UK anyway, why would they ? We were involved in implementing them in the first place.
It was such a stupid moment to witness UK leaving the EU.
When a fellow is so retarded you just start crying.
Jolly good. The net effect has been pushing the prices of exports up by 20% (import duty) to our EU customers compared to domestic competitors.
Only sign up for the benefits, not the obligations ok?
So the UK finally understands. Good.