At Davos, Chancellor Rachel Reeves stated that promoting growth is the government's primary mission, even more vital than pursuing net zero objectives. Amidst this focus, the government is unveiling plans to potentially restrict judicial reviews, aiming to catalyze growth. Although economists suggest enhancing trade connections with the EU, the government has completely rejected rejoining the single market or customs union. Additionally, a proposal from Maros Sefcovic regarding the UK joining a customs union was firmly declined, reflecting ongoing tension in post-Brexit relationships and trade discussions.
Rachel Reeves, the chancellor, emphasized that growth is the government’s top priority, overshadowing concerns about promoting net zero.
A recent proposal by Maros Sefcovic suggesting the UK consider joining the Pan-Euro-Mediterranean Convention was declined by the UK government.
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