Public Support Grows for UK-EU Closer Ties

A recent poll indicates a significant shift in public sentiment in the U.K. and across the EU towards closer collaboration post-Trump's election, with 55% of Britons favoring stronger ties with the EU compared to just 17% preferring alignment with the U.S. This sentiment reflects a broader desire for pragmatic cooperation on trade and security amid ongoing challenges from the conflict in Ukraine and economic uncertainties stemming from Brexit. U.K. Finance Minister Rachel Reeves has emphasized a need for a 'business-like' approach to reset relations with the EU, although critics argue that mere promises are insufficient without substantial actions to alleviate regulatory burdens on businesses. The Labour Party plans several initiatives to ease post-Brexit trade barriers, including a veterinary agreement and mutual recognition of professional qualifications. However, analysts caution that while a reset might modestly boost the U.K.'s GDP, substantial long-term productivity losses from Brexit remain. Overall, both the public and leaders are recognizing the importance of enhanced cooperation in a transformed geopolitical landscape.