"The chancellor has admitted the damage Brexit has done to our economy, including burying British businesses in mountains of red tape, yet the government is refusing to take the steps needed to fix it. A customs union with the EU is the single biggest lever this government could pull to turbocharge the UK economy. We will work with MPs across parliament who want a closer trading relationship with Europe to cut red tape, boost growth, and properly fund our public services."
"The Liberal Democrats are forcing a vote in parliament on creating a new customs union to put pressure on Labour MPs to take a more pro-EU stance. Ed Davey's party is writing to all Labour MPs urging them to back a new bill in favour of a customs union with the EU, believing this is the best way to boost growth and raise revenue, rather than tax rises."
The Liberal Democrats are forcing a parliamentary vote on a new customs union with the EU to pressure Labour MPs to adopt a more pro-EU stance. The party is writing to Labour MPs urging support for a bill proposing a customs union covering most goods but excluding agriculture, with the UK consulted on EU third-country trade deals. The bill, tabled by Al Pinkerton, will be voted in early December two weeks after the budget; it is largely symbolic and lacks government backing. The Lib Dems cite analyses showing Brexit cut UK GDP by 6–8% and that a closer trade deal could add at least £25bn annually.
Read at www.theguardian.com
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