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- Andy Burnham told to make rejoining EU Britain goal
The think tank IPPR says Britain should make EU membership its 'medium-term' goal as Andy Burnham sets out its long-term relationship options at the UK-EU summit in Brussels on November 20. It argues that Britain lacks the scale to counter Russian aggression, American unreliability and Chinese coercion alone, and that hedging between the US and Europe is a strategy for survival rather than success. IPPR suggests starting with cooperation with the EU on defence, manufacturing and democratic resilience, while acknowledging the government needs time to build a case for membership. Polling for the think tank by Persuasion UK in June found 52% support for rejoining against 29% opposed. The government responded that the Brexit deal it inherited has weakened immigration control and growth, and said it is pursuing practical deals instead.
- Andy Burnham told to make rejoining EU Britain goal
Think tank IPPR urged Britain to make EU membership its 'medium-term' goal, arguing that the UK lacks the scale to handle Russian aggression, American unreliability and Chinese coercion on its own. Ahead of the UK-EU summit in Brussels, where Prime Minister Andy Burnham will set out relationship options, IPPR said 'hedging' between the US and Europe was a strategy for survival rather than success. A Persuasion UK poll found 52% of people backed rejoining against 29% opposed, though budget contributions and replacing the pound with the euro could damage that support. The government responded that the current Brexit deal had weakened immigration control and growth.
- Andy Burnham told to make rejoining EU Britain goal
Think tank IPPR says Britain should make EU membership its medium-term goal as Andy Burnham prepares to outline options for the UK's relationship with Europe at the UK-EU summit in Brussels on November 20. The report argues that Britain lacks the scale to handle Russian aggression, American unreliability and Chinese coercion alone, and that hedging between the US and Europe is a strategy for survival rather than success. It suggests first building support through cooperation on defence, manufacturing and democratic resilience, and possibly joining the EU's Made in Europe scheme, without an immediate referendum. Polling for the think tank found 52% of people back rejoining the EU, compared with 29% opposed. The Government says the Brexit deal it inherited has weakened border control and growth.
- Andy Burnham told to make rejoining EU Britain goal
The think tank IPPR says Britain should make EU membership its medium-term goal as Andy Burnham sets out options for the country's relationship with the bloc at the UK-EU summit in Brussels on November 20. The report argues Britain lacks the scale to handle Russian aggression, American unreliability and Chinese coercion alone, and that hedging between the US and Europe is a strategy for survival rather than success. It proposes working with the EU on defence, manufacturing and democratic resilience as steps toward membership. It also warns that joining the EU's 'Made in Europe' scheme could require aligning with EU tariffs on Chinese electric vehicles, potentially putting net zero targets at risk. Polling by Persuasion UK in June found 52% of people support rejoining and 29% oppose, though concerns about EU budget contributions and replacing the pound with the euro could damage support.
- Andy Burnham told to make rejoining EU Britain goal
The IPPR think tank urges Britain to make EU membership its medium-term goal as Prime Minister Andy Burnham prepares to set out relationship options at the UK-EU summit in Brussels on November 20. The report says Britain lacks the scale to face Russia, the US and China alone, and that balancing between the US and Europe is a strategy for survival rather than success. It proposes working with the EU on defence and manufacturing, including possible inclusion in the 'Made in Europe' scheme, as steps toward membership, while noting the government needs time to build the case. Polling in June found 52% support for rejoining and 29% opposition, though concerns over EU budget contributions and replacing the pound with the euro could significantly damage support. A government spokesman said the threadbare Brexit deal has weakened control of illegal immigration and tangled businesses in red tape.
- Andy Burnham and John Healey plot huge tax hike - how it could hit you
Chancellor John Healey is reportedly considering raising the surcharge on bank profits above £100million from 3% to 8% at the upcoming Budget, reversing a cut introduced in April 2023 under Jeremy Hunt. The change could raise some £2billion for the Exchequer, but banks warn it could inflict a £20 billion hit on the economy. Lenders may try to recoup the cost by raising mortgage rates and cutting savings rates, though that risks losing customers to rivals. Conservative and City groups say the tax would stifle investment and harm Britain's competitiveness, while the TUC backs it and estimates it would raise £2.25billion a year. The Treasury said decisions on tax are for the Chancellor to announce at fiscal events.
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JPMorgan will make JPM Coin, a token representing its dollar deposits, available to institutional clients on Ethereum, according to Bloomberg. The bank says Ethereum's liquidity makes it attractive to crypto companies seeking blockchain payments and to financial firms settling trades or backing tokenized assets. The move extends JPMorgan's blockchain work beyond Base and its private Kinexys network, which processes more than $7 billion daily. The bank did not say when the token will go live on Ethereum. Meanwhile, JPMorgan is among US banks planning a shared tokenized deposit network, but it was not on Swift's list of 17 banks preparing live transactions on its blockchain ledger in July.
- Cerrado Gold Reports 21% Year-Over-Year Increase in Q3 2026 Production Results at Minera Don Nicolas
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- Is Visa Stock Still a Buy After Gaining 14% This Year?
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- Five things to watch in markets in the week ahead
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- Crypto vault deposits top $10 billion as lending risks draw regulatory scrutiny
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