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The article discusses the evolving stance of the UK Labour Party on Brexit and its political and economic implications. Key points include:
– Labour figures, including Chancellor Rachel Reeves, acknowledge that Brexit has damaged the UK economy, and some ministers suggest a closer alignment with the EU could help deliver promised economic growth.
– The Deputy Prime Minister and London Mayor Sadiq Khan have advocated for rejoining the EU customs union and single market, although Labour’s 2024 manifesto does not mention rejoining the EU itself.
– Labour’s cautious approach to Brexit stems from past electoral defeats linked to alienating Leave-supporting working-class voters, especially those in the “Red Wall” seats lost in 2019.
– Despite winning in 2024, Labour has struggled to regain the support of working-class Leave voters, gaining more from pro-EU voters and failed to significantly improve working-class backing compared to middle-class voters.
– Current polls show Labour’s support at a low 19%, trailing Reform Party (which mostly draws Brexit supporters) and losing votes to both the Greens and Liberal Democrats.
The party seems to be weighing the political risks of shifting toward a more pro-EU regulatory alignment with the goal of economic growth against the need to reconnect with working-class Brexit supporting voters who have drifted to other parties
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