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Story perspectives

UK Trade Struggles: Calls for EU Customs Union Renewed

1/1/2026

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Story summary
  • Nearly a decade after Brexit, the UK faces ongoing trade challenges as trade, investment, and living standards declined due to tougher barriers in 2020.
  • Labour politician Wes Streeting, Labour MP for Ilford North, advocates closer ties with the EU through a customs union that could boost trade but may require compromises on movement.
  • Experts warn that any customs union would involve complex negotiations and could limit the UK's independent trade policy.