U.K. Labour Eyes Shift to Get Close to Single Market

  • Leader Corbyn under pressure from MPs to change position
  • Senior party figures say he could be persuaded to move

Brexit Uncertainty Seen Forcing Firms to Abandon U.K.

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The U.K. opposition Labour Party is inching toward a shift in its Brexit position and moving closer to the European Union’s single market, according to two senior members of leader Jeremy Corbyn’s team.

Corbyn, a lifelong euroskeptic, is under pressure from his members of parliament, the majority of whom opposed leaving the EU and now want to stay as close as possible. Many of the younger Labour members who joined for the love of him also support staying close.