Step up Brexit reset or European allies will lose patience, Starmer warned
Your support helps us to tell the storyFrom reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.Your support makes all the difference.CloseRead moreKeir Starmer has been urged to step up his plans for a post-Brexit reset of relations with the European Union after an unprecedented warning from the Bank of England.In a speech to leading business figures, the Bank’s governor said that Britain must “rebuild” a closer trading relationship with the European Union after our exit from the bloc damaged exports.The effects of Brexit had “weighed” on the economy, Andrew Bailey added, just hours before the latest figures showed the economy flatlining in the months after Labour came to power. In the wake of the governor’s warning, the UK’s former national security adviser Lord Ricketts warned that “momentum” could be lost.Lord Ricketts, who is also the chair of the Lords European Affairs Committee but told The Independent he was speaking in a personal capacity, said: “I’m picking up from my European friends that they’ve appreciated the new government’s efforts to warm up the tone and rebuild personal contacts. But they are beginning to be impatient for substance.“Once the new (European) Commission is formed it will be important that the government has more detail to offer on what they want from the reset, otherwise the momentum will be lost.”Prime Minister Sir Keir Starmer has come under pressure over his Brexit ‘reset’ (Carl Court/PA) More