Economists Warn Starmer Against Running to EU for ‘Growth’
Starmer might be plotting a ‘reset’ in UK-EU relations, but top economists are sounding the alarm, urging him to reject the siren calls to rejoin the EU, Single Market, or Customs Union. The real key to growth is in harnessing the benefits of Brexit: redefining regulations and strike better trade deals outside the bloc…
A report from the Centre for Policy Studies today notes that strengthening ties with Brussels is far from the solution to the UK’s growth challenges. Despite this, Starmer said he wants to negotiate an agri-food agreement with the EU to ease border checks, a move that would inevitably require alignment with EU rules, as well as abolishing the decades-old European Scrutiny Committee. Meanwhile, while the Euro area remains the main source of weakness in manufacturing as the UK surges, and UK’s GDP is expected to grow by 07.% in Q2, while the Eurozone only grew by 0.3%. If Labour is truly “pro-growth,” Starmer would be wise to remember the EU isn’t where he’ll find it…
