Starmer rules out return to EU or single market under Labour
The UK left the European Union’s single market at the end of the Brexit transition process in 2020. Now, however, Ryanair boss Michael O’Leary has claimed that the UK will have “no choice” but to rejoin in the next 10 to 15 years. Do you agree? Vote in our poll.
Mr O’Leary said there is “no question” that Brexit is holding back Britain, claiming that in the next three to five years the UK’s departure would be a “net negative” on the British economy.
He has regularly been outspoken about the impact of Brexit and declared the situation as “unbelievably messy”. He claimed that in contrast to the UK, in Europe “business is booming and getting boomier”.
During a panel discussion at Bloomberg’s New Economy Gateway event, he said: “I think they will pay into a European budget, I think they will have no choice.
“The fundamental strength of the single market is something that is too attractive for the UK economy to be excluded from.”
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The airline boss argued that Britain’s demographics will be in favour of European integration in the future as “in the next five to 10 years, quite a number of the Brexiteers will die”.
He claimed that the younger population “are much more pro-European in their outlook” giving the opportunity for a closer relationship with the EU.
He added: “Everything that was promised to the UK population, the sunny uplands and the ability to do trade deals everywhere around the world were shown to be a tissue of lies.”
So what do YOU think? Will the UK have “no choice” but to rejoin EU single market? Vote in our poll and leave your thoughts in the comment section below.
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