Chancellor Rachel Reeves Addresses EU Finance Ministers
Chancellor Rachel Reeves Addresses EU Finance Ministers

Chancellor Rachel Reeves Addresses EU Finance Ministers

News summary

Chancellor Rachel Reeves is set to address EU finance ministers in Brussels, marking the first attendance of a British chancellor at the Eurogroup since Brexit. In her speech, she will emphasize the need for a 'businesslike' relationship between the UK and EU, acknowledging the 'fractious' history under the previous government. Critics, including the Shadow Business Secretary, argue that her focus on the EU detracts from the need for a US-UK trade deal and accuse Labour of trying to revert to pre-Brexit norms. Pro-EU advocates urge Reeves to openly address the economic damage caused by Brexit and seek ways to mitigate its effects. Meanwhile, Labour's leadership continues to stress the importance of resetting international relationships, with a focus on cooperation over division. The speech aims to signal a shift in approach, moving away from chaos toward a partnership centered on trust and mutual respect.

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