Reynolds Says Labour Would Make UK More Competitive Outside EU
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Jonathan Reynolds
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A Labour government would make the UK “a more competitive and open economy” with managed divergence from European Union rules, the poll-leading opposition party’s Shadow Business Secretary Jonathan Reynolds told a manufacturers’ trade body on Tuesday.
Speaking at the annual conference of Make UK, Reynolds reiterated that Labour will not seek to rejoin the EU’s customs union or single market — despite a vast majority of delegates affirming in a show of hands that rejoining the customs union would be better for their businesses. Instead, he said making a success of Brexit would be about “how you will manage the divergence.”