Home Business news The EU that the UK left no longer exists | Mujtaba Rahman

The EU that the UK left no longer exists | Mujtaba Rahman

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Andy Burnham’s rise has stoked talk of the terms for a future British return – but this is the wrong question

The question of the UK’s relationship with the EU has resurfaced with Keir Starmer’s premiership drawing to a close and Andy Burnham, his likely successor, preparing to enter No 10. Wes Streeting, until recently one of the contenders for the top job and now a possible future chancellor of the exchequer, went as far as to say recently that Britain should be back in the EU.

The “rejoin” debate in the UK has focused squarely and, parochially, on two things. The first is the cost imposed by Brexit on the UK economy, the second is the price of rejoining – in other words, whether the UK would be able to win back its previous opt-outs from the Euro and Schengen areas.

Mujtaba Rahman is the managing director for Europe at Eurasia Group, a political risk research and consulting firm

Continue reading…Andy Burnham’s rise has stoked talk of the terms for a future British return – but this is the wrong questionThe question of the UK’s relationship with the EU has resurfaced with Keir Starmer’s premiership drawing to a close and Andy Burnham, his likely successor, preparing to enter No 10. Wes Streeting, until recently one of the contenders for the top job and now a possible future chancellor of the exchequer, went as far as to say recently that Britain should be back in the EU.The “rejoin” debate in the UK has focused squarely and, parochially, on two things. The first is the cost imposed by Brexit on the UK economy, the second is the price of rejoining – in other words, whether the UK would be able to win back its previous opt-outs from the Euro and Schengen areas.Mujtaba Rahman is the managing director for Europe at Eurasia Group, a political risk research and consulting firm Continue reading…