{"id":801410,"date":"2026-03-03T15:00:14","date_gmt":"2026-03-03T15:00:14","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/801410\/"},"modified":"2026-03-03T15:00:14","modified_gmt":"2026-03-03T15:00:14","slug":"rachel-reeves-criticises-brexit-amid-rising-economic-concerns","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/801410\/","title":{"rendered":"Rachel Reeves Criticises Brexit Amid Rising Economic Concerns"},"content":{"rendered":"<p><a href=\"https:\/\/www.huffingtonpost.co.uk\/news\/rachel-reeves\" target=\"_blank\" class=\" js-entry-link cet-internal-link\" data-vars-item-name=\"Rachel Reeves\" data-vars-item-type=\"text\" data-vars-unit-name=\"69a6e869e4b076ac5d63afee\" data-vars-unit-type=\"buzz_body\" data-vars-target-content-id=\"\/news\/rachel-reeves\" data-vars-target-content-type=\"feed\" data-vars-type=\"web_internal_link\" data-vars-subunit-name=\"article_body\" data-vars-subunit-type=\"component\" data-vars-position-in-subunit=\"0\" rel=\"noopener\">Rachel Reeves<\/a> has launched her strongest attack yet on <a href=\"https:\/\/www.huffingtonpost.co.uk\/news\/brexit\" target=\"_blank\" class=\" js-entry-link cet-internal-link\" data-vars-item-name=\"Brexit\" data-vars-item-type=\"text\" data-vars-unit-name=\"69a6e869e4b076ac5d63afee\" data-vars-unit-type=\"buzz_body\" data-vars-target-content-id=\"\/news\/brexit\" data-vars-target-content-type=\"feed\" data-vars-type=\"web_internal_link\" data-vars-subunit-name=\"article_body\" data-vars-subunit-type=\"component\" data-vars-position-in-subunit=\"1\" rel=\"noopener\">Brexit<\/a> as she vowed to \u201cbreak down trade barriers\u201d with the <a href=\"https:\/\/www.huffingtonpost.co.uk\/news\/eu\" target=\"_blank\" class=\" js-entry-link cet-internal-link\" data-vars-item-name=\"European Union\" data-vars-item-type=\"text\" data-vars-unit-name=\"69a6e869e4b076ac5d63afee\" data-vars-unit-type=\"buzz_body\" data-vars-target-content-id=\"\/news\/eu\" data-vars-target-content-type=\"feed\" data-vars-type=\"web_internal_link\" data-vars-subunit-name=\"article_body\" data-vars-subunit-type=\"component\" data-vars-position-in-subunit=\"2\" rel=\"noopener\">European Union<\/a> that are holding back the UK <a href=\"https:\/\/www.huffingtonpost.co.uk\/news\/economy\" target=\"_blank\" class=\" js-entry-link cet-internal-link\" data-vars-item-name=\"economy\" data-vars-item-type=\"text\" data-vars-unit-name=\"69a6e869e4b076ac5d63afee\" data-vars-unit-type=\"buzz_body\" data-vars-target-content-id=\"\/news\/economy\" data-vars-target-content-type=\"feed\" data-vars-type=\"web_internal_link\" data-vars-subunit-name=\"article_body\" data-vars-subunit-type=\"component\" data-vars-position-in-subunit=\"3\" rel=\"noopener\">economy<\/a>.<\/p>\n<p>The chancellor hit out as she revealed the <a href=\"https:\/\/www.huffingtonpost.co.uk\/news\/obr\" target=\"_blank\" class=\" js-entry-link cet-internal-link\" data-vars-item-name=\"Office for Budget Responsibility\" data-vars-item-type=\"text\" data-vars-unit-name=\"69a6e869e4b076ac5d63afee\" data-vars-unit-type=\"buzz_body\" data-vars-target-content-id=\"\/news\/obr\" data-vars-target-content-type=\"feed\" data-vars-type=\"web_internal_link\" data-vars-subunit-name=\"article_body\" data-vars-subunit-type=\"component\" data-vars-position-in-subunit=\"4\" rel=\"noopener\">Office for Budget Responsibility<\/a> (OBR) now believed the economic will grow more slowly this year than they previously thought.<\/p>\n<p>At the time of the Budget last November, the OBR said the economy would grow by 1.4% in 2026.<\/p>\n<p>But delivering the Spring Statement this afternoon, she said that had now been reduced to 1.1% in a major blow for the government.<\/p>\n<p>The rate of unemployment is also expected to be higher than previously forecast this year, although inflation, borrowing and government debt will also be lower than the OBR previously thought.<\/p>\n<p>Reeves said she will deliver a major speech later this month setting out how the government plans to boost economic growth.<\/p>\n<p>She said: \u201cI will set out three major choices that will determine the course of our economy into the future.<\/p>\n<p>\u201cTo go further in strengthening our global relationships, breaking down trade barriers and deepening alliances with our European partners for a more secure and connected economy.\u201d<\/p>\n<p>Attacking the Tories, Reeves also pointed out that they had supported leaving the European Union.<\/p>\n<p>She said: \u201cThey opposed economic responsibility and backed <a href=\"https:\/\/www.huffingtonpost.co.uk\/news\/liz-truss\" target=\"_blank\" class=\" js-entry-link cet-internal-link\" data-vars-item-name=\"Liz Truss.\" data-vars-item-type=\"text\" data-vars-unit-name=\"69a6e869e4b076ac5d63afee\" data-vars-unit-type=\"buzz_body\" data-vars-target-content-id=\"\/news\/liz-truss\" data-vars-target-content-type=\"feed\" data-vars-type=\"web_internal_link\" data-vars-subunit-name=\"article_body\" data-vars-subunit-type=\"component\" data-vars-position-in-subunit=\"5\" rel=\"noopener\">Liz Truss.<\/a> Wrong. They opposed closer ties to Europe and backed Brexit. Wrong.<\/p>\n<p>\u201cThey opposed cuts in child poverty and want to repeat austerity. Wrong values, wrong economics, they are just plain wrong.\u201d<\/p>\n<p>Her comments are significant as further evidence of <a href=\"https:\/\/www.huffingtonpost.co.uk\/news\/labour\" target=\"_blank\" class=\" js-entry-link cet-internal-link\" data-vars-item-name=\"Labour\u2019s\" data-vars-item-type=\"text\" data-vars-unit-name=\"69a6e869e4b076ac5d63afee\" data-vars-unit-type=\"buzz_body\" data-vars-target-content-id=\"\/news\/labour\" data-vars-target-content-type=\"feed\" data-vars-type=\"web_internal_link\" data-vars-subunit-name=\"article_body\" data-vars-subunit-type=\"component\" data-vars-position-in-subunit=\"6\" rel=\"noopener\">Labour\u2019s<\/a> willingness to criticise Brexit, despite millions of the party\u2019s traditional voters backing it in the 2016 referendum.<\/p>\n<p>Dr Mike Galsworthy, chair of the pro-EU think-tank the European Movement UK, said: \u201cThis decade has seen the UK economy on life-support, with some of the worst growth in a century.<\/p>\n<p>\u201cThere is an obvious treatment right on our doorstep, but the government has so far ignored it.<\/p>\n<p>\u201cRachel Reeves\u2019s comments today in her Spring Statement perhaps signal that they are finally ready to break down the barriers that Brexit imposed on UK businesses, and take real steps to align with our closest trading partner.\u201d<\/p>\n<p>He added: \u201cThe UK-EU reset cannot just be a summit photo, it must mean market access. The UK\u2019s economic woes are the true cost of a bad deal. It is time to stop managing decline and start rebuilding a trading relationship that actually works for British industry.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Rachel Reeves has launched her strongest attack yet on Brexit as she vowed to \u201cbreak down trade barriers\u201d&hellip;\n","protected":false},"author":2,"featured_media":801411,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5226],"tags":[802,748,2000,299,5187,1699,4884,619,16,15],"class_list":{"0":"post-801410","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-rachel-reeves","16":"tag-uk","17":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/116165845147415764","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/801410","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=801410"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/801410\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/801411"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=801410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=801410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=801410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}