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11 Oct 2026
45m

321. Should the UK rejoin a struggling European Union?

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The Rest Is Money

The UK’s future relationship with the European Union hinges on a complex series of trade-offs between political autonomy and market access. Brexit has resulted in a measurable economic decline, with GDP losses estimated between 3% and 8%, yet the political path to rejoining or re-entering the single market remains fraught with domestic resistance. As global trade becomes increasingly protectionist, the UK faces mounting pressure to align with the EU’s regulatory framework to avoid being caught in the crossfire of trade wars between major powers like China and the EU. Anand Menon, a leading expert on Britain’s European ties, highlights that while the economic and security imperatives for closer coordination are growing, the political cost of reversing Brexit requires a level of leadership and public consensus that currently remains elusive in a polarized Westminster environment.

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