- Rachel Reeves has stated in an interview with The Times that Brexit has negatively impacted Britain's economy, growth, and prices.
- The Chancellor advocates for closer economic ties with the European Union, describing it as the "biggest prize" for the UK.
- Reeves is expected to outline her vision for improved trading relations and alignment with EU law in specific areas, such as food standards, in her upcoming Mais lecture.
- She also proposes an "ambitious" youth mobility scheme with the EU, clarifying it would not signify a return to free movement.
- These remarks come amid flatlining UK economic growth and global turbulence, with Reeves asserting that her past economic decisions have strengthened the UK's fiscal position.
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