{"id":606838,"date":"2025-12-02T06:38:33","date_gmt":"2025-12-02T06:38:33","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/606838\/"},"modified":"2025-12-02T06:38:33","modified_gmt":"2025-12-02T06:38:33","slug":"brexit-significantly-hurt-british-economy-politico","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/606838\/","title":{"rendered":"Brexit \u2018significantly\u2019 hurt British economy \u2013 POLITICO"},"content":{"rendered":"<p>In his Monday morning speech, Starmer gave a staunch defense of last week\u2019s budget, insisting he does have a long-term economic plan for the U.K.<\/p>\n<p>\u201cThe most important things that we can do for growth and business is first, drive inflation down and second, to retain market confidence that allows for recall economic stability,\u201d he said.<\/p>\n<p>But the U.K. must \u201cconfront the reality\u201d that the deal struck with Brussels post-Brexit \u201csignificantly hurt our economy, he said.<\/p>\n<p>\u201cFor economic renewal we have to keep reducing frictions. We have to keep moving towards a closer relationship with the EU, and we have to be grown-up about that, to accept that that will require trade-offs.\u201d<\/p>\n<p>He later cited a proposed SPS deal, which aims to remove the need for border checks on plant and animal products, and talks on an emission trading scheme as examples of where the U.K. is making progress.<\/p>\n<p>Starmer\u2019s speech came as the embattled British prime minister tried to defend last week\u2019s tax-hiking government budget.<\/p>\n<p>He insisted the choices made the tax-and-spend statement had been \u201cfair, necessary and fundamentally good for growth,\u201d but acknowledged publicly for the first time that ministers had considered \u2014 and then backed away from \u2014 a manifesto-busting rise in the headline rate of income tax.<\/p>\n","protected":false},"excerpt":{"rendered":"In his Monday morning speech, Starmer gave a staunch defense of last week\u2019s budget, insisting he does have&hellip;\n","protected":false},"author":2,"featured_media":606839,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5226],"tags":[802,748,2000,299,5187,1699,4884,807,811,1201,16,15],"class_list":{"0":"post-606838","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-brexit","8":"tag-brexit","9":"tag-britain","10":"tag-eu","11":"tag-europe","12":"tag-european","13":"tag-european-union","14":"tag-great-britain","15":"tag-keir-starmer","16":"tag-security","17":"tag-trade","18":"tag-uk","19":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115648600722527765","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/606838","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=606838"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/606838\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/606839"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=606838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=606838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=606838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}