Report shows how Starmer’s Brexit reset can save economic plan but only with EU goodwill
1 month, 1 week ago

Report shows how Starmer’s Brexit reset can save economic plan but only with EU goodwill

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A new report has revealed that the UK economy could be boosted by 2.2 per cent of economic growth simply by aligning more closely to that of the EU. Two of Britain’s leading trade experts also believe the figures are “realistic” expectations but have warned that they can only be achieved through EU goodwill – which may not have returned after Brexit. The study found that the UK government can secure significant growth through a policy of deep alignment in both goods and services with the EU while alignment on goods alone can also drive growth. open image in gallery Farage’s Clacton constituency did not support EU alignment Closer regulatory alignment will not only save costs for British and EU businesses, but over time, this could help the UK recover between a quarter and a half of the economic hit of Brexit to UK GDP, which the OBR had calculated at – 4 per cent.

History of this topic

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