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Burnham says EU agreements could lift UK GDP by 0.4%

Economy · First reported 3 Nov, 16:30 · Updated 17:16

Image: Wikimedia Commons · NASA Johnson Space Center / Jonny Kim · Public domain

Andy Burnham says agreements being negotiated with the EU could raise UK GDP by 0.4%, above an earlier estimate of 0.3%. He says voters should decide any future changes to the relationship, while the government is seeking agreements on food and drink, emissions trading and youth mobility. (312a9505-a316-4a9c-ae08-5faf1bda2be9)

  • Burnham said the Treasury’s updated estimate is that EU agreements could add 0.4% to GDP, compared with the previous 0.3% estimate.
  • The government is seeking agreements on food and drink, emissions trading and a youth mobility scheme ahead of a Brussels summit on November 20.
  • Burnham said voters would be the decision-makers on future Brexit changes and committed to Labour’s manifesto red lines for this Parliament.
Summary written by Lux AI from 2 articles

Key facts

Updated potential GDP gain
0.4%
Earlier estimate
0.3%
Planned Brussels summit
November 20
Agreement areas
Food and drink, emissions trading, and youth mobility

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