Rishi Sunak will not pursue a post-Brexit “Swiss-style” deal to bring the UK closer to the EU, the Prime Minister has said today.
Sunak said he was “unequivocal on this” and that “under my leadership, the United Kingdom will not pursue any relationship with Europe that relies on alignment with EU laws”.
The Sunday Times reported yesterday that senior government officials wanted to negotiate a closer trading relationship with the EU, after the budgetary watchdog last week said the volume of UK trade will take a 15 per cent long-term hit thanks to Brexit.
Switzerland, while not a member of the EU, has frictionless trade with the bloc and is in its single market.
This means that Switzerland has freedom of movement with EU countries for people, goods, capital and services.
Sunak told the Confederation of British Industry (CBI) conference in Birmingham today that “I voted for Brexit, I believe in Brexit and I know that Brexit can deliver, and is already delivering, enormous benefits and opportunities for the country”.
More to follow