Political Fix Is Labour’s post-Brexit reset a victory or a betrayal?
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May 23, 2025 
In this engaging discussion, FT correspondent Miranda Green and Peter Foster, the World Trade Editor, unravel the recent UK-EU Brexit deal hailed by Keir Starmer as a triumph, while met with skepticism from critics like Kemi Badenoch. They dissect the political fallout of Labour's strategic moves, including the contentious agreement over the Chagos Islands and its hefty price tag. The episode also dives into the delicate balance of trade negotiations, international relations, and the ongoing challenges Starmer faces as he navigates this complex landscape.
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Labour's Pragmatic Middle Path
- Labour likely won’t rejoin customs union or single market soon despite ongoing economic pressures.
- Starmer positions Labour as pragmatic centrists between pro-Europeans and anti-Europe conservatives.
Customs Union Return Complex but Possible
- Moving back into the customs union is less complicated than rejoining the single market due to immigration and financial services concerns.
- Trade deals with US and India complicate customs union re-entry but no deal-breaking issues.
Endless Brexit Negotiations Ahead
- Brexit negotiations with the EU will continue indefinitely due to complex issues and dynamic alignment.
- UK will face constant talks, opt-out demands, and legal fights over regulatory compliance.