Chancellor's appeal comes as European capitals prepare to demand deal for young people as price for new trade and security ties with London
The article from The Telegraph discusses Labour's Shadow Chancellor Rachel Reeves' stance on EU free movement, highlighting potential economic risks. Reeves has indicated that Labour would not seek to restore free movement with the EU, a position that has drawn criticism from business leaders and some within her own party. They argue that restricting free movement could hinder economic growth by limiting access to the EU's single market, which is crucial for UK businesses. Critics fear this could lead to labor shortages, reduced market access, and a competitive disadvantage for UK firms. Despite these concerns, Reeves maintains that Labour's focus is on securing a better trade deal with the EU without compromising on immigration control, aiming to balance economic benefits with political promises on migration.
Business & Finance
