Senior business leaders back Keir Starmer's call not to 'diverge' from EU

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Senior business leaders and trade bodies have backed Keir Starmer's comments that Britain should not part from the European Union on standards ranging from the environment to employment.

Article originally published by The Guardian. Hargreaves Lansdown is not responsible for its content or accuracy and may not share the author's views. News and research are not personal recommendations to deal. All investments can fall in value so you could get back less than you invest.

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26 Sep 2023

The Labour leader has come under fire from the Conservatives, who accused him of wanting to “unpick” Brexit after saying that “most of the conflict” since 2016 had arisen because the UK “wants to diverge and do different things to the rest of our EU partners”.

In a letter to the Guardian, dozens of business leaders and trade bodies joined with political figures hostile to Brexit in endorsing what they described as a “policy of alignment with EU standards and regulations, unless it is explicitly not in the UK’s interests to do so”.

Signatories to the letter included Peter Norris, the chair of Virgin, and Paul Drechsler, from the International Chamber of Commerce (ICC), who said that such a policy would “enable businesses and investors to have confidence in the UK’s regulatory foundations, while still allowing the UK to maintain its own regulatory autonomy”.

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