London Mayor Sadiq Khan has expressed his belief that the UK should not rule out the possibility of returning to the European Union’s single market in the future, despite Labour leader Sir Keir Starmer making it a red line in discussions with Brussels. Acknowledging that rejoining the single market would not be a short-term option, Khan emphasised the importance of breaking down trade barriers with the UK’s nearest neighbours and highlighted that discussions about the single market should not be avoided.
While Prime Minister Boris Johnson has prioritised resetting relations with the EU, he has made it clear that returning to the single market or customs union is off the table. Khan stated that although immediate re-entry into the single market may not be feasible, it is a topic that should be openly discussed without fear. He also voiced support for a youth mobility scheme that would allow young Britons to live and work in the EU, and vice versa.
Speaking at an international investment summit, Khan underlined the significance of countries trading with their closest neighbours for economic success. He expressed hope for a closer alignment with the EU in the upcoming review of the current Brexit deal next year. Khan also highlighted the importance of fostering closer ties between people, regardless of the UK’s membership status in the single market.
Sir Keir Starmer, during his address at the investment summit, admitted that Brexit had tarnished the UK’s global reputation and created an impression of isolationism. Stressing the need for the UK to be viewed as a stable and trustworthy partner on the international stage, Starmer signalled a shift towards a more collaborative and open approach post-Brexit. He condemned any past actions that strained relationships with the UK’s allies and vowed to focus on leveraging this reset for economic growth.
In conclusion, both Khan and Starmer have emphasised the importance of maintaining strong international relationships, despite the challenges posed by Brexit. While the immediate re-entry into the EU single market may not be feasible, the discussions around it and other collaborative initiatives remain crucial for the UK’s future economic success and global standing.