The Rest Is Money 173. Why Starmer Didn’t Do Enough On EU Trade
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May 20, 2025 The discussion dives into Starmer's recent EU trade deal, questioning its true benefits for the economy. Is it a 'win-win' for the UK? They explore the intricate balance of agricultural negotiations versus those for goods. The complexities of post-Brexit fishing rights and their emotional significance for coastal communities are examined. Additionally, the proposed EU mobility scheme for young travelers and potential impacts on businesses is a hot topic, alongside the benefits of integrating the UK's energy market with the EU.
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Fishing's Emotional and Economic Role
- Fishing, although small in GDP terms, holds deep emotional and historical significance for the UK.
- Coastal towns rely heavily on fishing, making the industry vital to their community identity and economy.
Food Standards Aid Northern Ireland Trade
- Rejoining EU food standards removes border checks, easing goods flow especially into Northern Ireland.
- This reduces business burdens and helps Northern Ireland feel more integrated with the UK market.
Starmer's Dynamic Alignment Deal
- Keir Starmer agreed to "dynamic alignment" on food standards, meaning the UK adopts EU rules indefinitely.
- This benefits trade but fuels sovereignty debates and contrasts with Theresa May's broader Chequers approach rejected earlier.