A Brexit reversal is on the table 10 years on from the vote that changed Britain. Here’s what’s at stake
Headline from CNBC · compiled from 3 sources
CNBC reports that U.K. Prime Minister Andy Burnham suggested this week that British voters could be given the chance to reverse Brexit[1]
According to CNBC, Burnham, who became prime minister over the summer, told the BBC on Wednesday it was "possible" a referendum on rejoining the EU could be included in a future election manifesto.[1] CNBC notes that a U.K. general election is not currently expected before 2029.[1]Business Standard reports that Burnham said a new referendum "wouldn't be the right thing to do right now", but argued that Britain must "consider the options"[2] because the current position "isn't good enough".Speaking to the BBC's Today programme, Burnham said, according to CNBC: "We could look at what [former finance minister] George Osborne has said about a customs union, we could look at… the single market or we could go all the way."[1]CNBC reports that the interviews followed Burnham's speech at the governing Labour party's annual conference on Tuesday, in which he said "Brexit hasn't given us control."[1]James Smith, an economist at ING, told CNBC that Burnham "faces the same constraints that have hemmed in previous leaders"[1]. He added that "it's not clear there is a majority in favor of rejoining."[1]Steve Nolan of Liverpool John Moores University told CNBC that some estimates suggest U.K. gross domestic product was 5% to 8% smaller than it would have been without the vote to leave[3]. Nolan said "the road towards that outcome could be rocky."[3]
Sources
- [1]A Brexit reversal is on the table 10 years on from the vote that changed Britain. Here’s what’s at stake
- [2]10 years after Brexit vote, Britain weighs a 'possible' return to the EU | World News - Business Standard
- [3]Brexit reversal on the table 10 years on from referendum - EUROPE SAYS
Every sentence here reports what a named outlet said, with a link to it. Compiled by 93 from the reporting below.
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