• Privacy policy
  • T&C’s
  • About Us
    • FAQ
  • Contact us
  • Guest Content
  • TLE
  • News
  • Politics
  • Opinion
    • Elevenses
  • Business
  • Food
  • Travel
  • Property
  • JOBS
  • All
    • All Entertainment
    • Film
    • Sport
    • Tech/Auto
    • Lifestyle
    • Lottery Results
      • Lotto
      • Set For Life
      • Thunderball
      • EuroMillions
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
The London Economic
No Result
View All Result
Home Business and Economics

Rachel Reeves shreds Boris Johnson’s Brexit deal but says there will be ‘no return’ to the EU

The chancellor revealed negotiations with the EU will reopen in the new year to repair the “fractured” relationship.

Bill Curtis by Bill Curtis
2024-12-10 06:51
in Business and Economics
FacebookTwitterLinkedinEmailWhatsapp

Rachel Reeves has blasted Boris Johnson’s Brexit deal, admitting it has “reduced trade flows” between Britain and Europe.

On a visit to Brussels, the chancellor said an improved relationship with the EU would strengthen the economy and improve living standards but dismissed any attempt to rejoin the single market.

Insisting the Labour government will “stick to our red lines” over Europe, she revealed negotiations with the EU will reopen in the new year to repair the “fractured” relationship.

Rachel Reeves, who became the first Chancellor to meet EU finance ministers in Brussels since Brexit, said: “We got a mandate at the election in July to grow our economy and we also included in that manifesto a number of red lines in terms of our relationship with the European Union: no return to the single market, the customs union or free movement of labour.

“Those red lines remain, but subject to those we want to build closer trade relationships, but also defence and security co-operation with our neighbours and trading partners in the European Union, because it is in our collective national interest to do so.

“I recognise that the deal the previous government secured post-Brexit was not the best one for our country and indeed has reduced trade flows not just from the UK to the European Union, but also from businesses based in the European Union into the UK.

“And so there is a shared objective and a shared challenge to improve those trade flows, to improve those investment flows in the interests of citizens not just in the UK but also in countries in the European Union too.”

Asked whether the UK would be open to giving up some of its sovereignty, the chancellor said: “I did not come here today to start a negotiation or to lay down a set of demands.

“Those conversations about the reset and those negotiations will begin in the new year. But what I was aiming to do today was to begin to rebuild those bonds of trust that have been fractured in the last few years under the previous government and to show our friends, neighbours and allies in the European Union that we want a reset of those relationships… I hope that’s what I achieved in the meeting today.”

RelatedPosts

Shops could be forced to accept cash in future

Liverpool to introduce tourist tax from June

Bill Gates predicts only three jobs will survive AI revolution

Tesla shares plummet as Wall Street bull slashes stock price target

Related: Lee Anderson’s bizzare response to woman’s tweet baffles the internet

Tags: Boris JohnsonBrexitrachel reeves

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

SUPPORT

We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.

DONATE & SUPPORT

Contact

Editorial enquiries, please contact: [email protected]

Commercial enquiries, please contact: [email protected]

Address

The London Economic Newspaper Limited t/a TLE
Company number 09221879
International House,
24 Holborn Viaduct,
London EC1A 2BN,
United Kingdom

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

← Last McDonald’s burger sold in Iceland in 2009 still hasn’t got mould on it ← Wes Streeting faces an official complaint over this joke about Louise Haigh
No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

-->