UK-EU discussions over potential reentry and closer trade ties
The latest in this situation
- The summit also addressed concerns over trade tariffs originating from China.
- The EU Council authorized negotiations, with drafts seeking a pledge from London regarding deportations.
- EU, EP, and EC held a summit negotiation in Brussels to discuss future trade and energy market access with the UK.
- Treasury forecasts high Brexit costs as Burnham reopens UK-EU relations.
- Burnham announced UK's reentry to the EU during a meeting with Macron.
How it started
Report Details Brexit's Economic Impact, Urges EU Single Market Rejoinment
What happened
Wes Streeting and Andy Burnham discussed the possibility of the UK rejoining the European Union, amid a growing debate over the country's future relationship with the bloc. A new analysis by the Centre for European Reform found that exports of chemicals and pharmaceuticals have fallen by 21 per cent since the UK left the EU, while agrifood exports are down 29 per cent.
From independent.co.uk
Why it matters
The report argues that many economic costs stemming from Brexit relate to the UK's departure from the single market. While calls for a customs union have been made, the researchers suggest that rejoining the single market would do more to boost trade and economic growth, though this would require returning to freedom of movement and making substantial budget contributions to the EU.
From independent.co.uk
Who's involved
- Wes StreetingBritish Labour politician advocating for Britain's future within the EU
- Andy BurnhamBritish politician urging stronger ties between the UK and the EU
- Centre for European ReformThink tank that published the analysis on Brexit's economic costs
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.- UK's EU rejoinment debate may prompt IMF economic reviewUK's potential EU rejoinment could trigger IMF review of major economic shiftsPossible
- Closer EU ties may require major policy shifts for the cabinetCloser EU ties may require major policy shifts for the cabinetPossible
- How could the debate over EU rejoinment affect 10 Downing Street's policy direction?The debate over EU rejoinment could force the government to reassess its post-Brexit trade strategy.Possible
- EU rejoinment debate could reshape House of Commons agendaCloser ties with the EU could force the House of Commons to debate major economic policy shifts.Possible
- Labour debate on EU rejoinment weighs Brexit's economic costsThe debate on EU rejoinment could shape the Labour Party's policy directionPossible
How it developed
Newest first. Tap a step to see who reported it.- During a UK-EU summit in London, Bernd Lange signaled that the UK could join the EU within months, while Andy Burnham urged stronger ties.Sub-event
- A proposal seen with top officials suggests Britain rejoin the EU single market, alongside a willingness to redefine its relationship with Europe.Sub-event
- Wes Streeting advocated for Britain's future within the EU.Sub-event
Discussion on UK's future and potential EU rejoinment.1 source
Keep exploring
The entities involved
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Wes Streeting
British Labour politician (born 1983)
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Andy Burnham
British politician (born 1970)
Related events
- Andy Burnham stated his desire for the United Kingdom to rejoin the European Union.
- As UK Prime Minister, Andy Burnham proposes that the UK rejoin the EU, linking ties to economic growth, in discussion with Labour lawmaker Graham Stringer.
- Andy Burnham must negotiate the UK's re-entry into the European Union.
- Ipsos poll reveals majority of Brits support rejoining the EU, amid political discussions on the UK's future relationship with Europe.
- Brussels insists on UK ditching the pound for EU rejoining, while political figures debate the terms.