The Labour Party wants the UK to have closer trading ties with the EU, but not to rejoin the European single markets or custom union, according to shadow chancellor Rachel Reeves.
In an attempt to boost Labour’s Brexit credentials on Thursday, Reeves said the party wants to “get improvements” on the Brexit deal if it gets into government.
“We do want a closer trading relationship,” she told journalists. “All the evidence shows that the deal that the government secured has cost us exports for British firms and has also reduced investment into the UK.”
Reeves said Labour wants to increase foreign investment from and export to EU countries, and that the Conservative government’s new Windsor Framework shows that it’s “absolutely possible” to change the Brexit deal….