UK and EU look to 2025 for reset, but with little room for trade-offs

6 days ago · UK and EU look to 2025 for reset, but with little room for trade-offs ... and what trade-offs it's willing to make to get there. That's key and that appears not to have been bottomed …

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Should the EU reset trade relations with the UK?

There is a common interest in improving trade relations between the EU and the UK, which remains the EU’s second largest trading partner. This Policy Brief recommends that the main elements of the reset in terms of trade should be: A new framework to reinforce regulatory cooperation. ...

Is the UK resetting its relationship with the European Union?

As the UK Labour government’s honeymoon period fades, it must now get down to the nitty-gritty of its EU reset. In Brussels and London, hopes are high that Keir Starmer's freshly-installed UK government is about to get down to business to recalibrate the UK's relationship with the European Union. ...

Does the EU-UK reset have a good start on mobility?

The EU-UK reset under the new UK government has not had a good start on issues relating to mobility. The EU request for a youth mobility agreement 16 has been sometimes mischaracterised as being linked to immigration and the principle of free movement. ...

Why are EU-UK relations so slow in 2025?

Whatever the developments in EU-UK relations in 2025 and beyond, they are likely to happen slowly because of political concerns and because negotiations have a habit of getting bogged down in detail. ...

What will the UK trade balance look like in 2025?

Now the trade balance has widened in response to the appreciation of the pound against the euro, more of the strength of domestic demand should become apparent in the headline numbers in 2025. The UK’s challenge continues to be productivity growth, where the US is a class apart. ...

How will the UK fare in 2025?

David Bell, professor emeritus of economics, University of Stirling: I expect the UK will fare worse than the US but its overall performance will be sluggish and comparable with that of Canada, Germany, France, Italy and Japan. Noble Francis, economics director, CPA: The UK’s GDP growth in 2025 is likely to 1.6 per cent. ...