UK paper sets out hopes to stay in single market in goods after Brexit

19 July 2018 1:47pm
The UK has set out proposals to remain a de facto participant in the EU's single market for goods, including autos, chemicals, drugs and aerospace engineering.

It comes in defiance of repeated warnings by the EU not to attempt to “cherry-pick” market access on a sector-by-sector basis, and lays the ground for a major impasse over the coming months.

The EU has warned that such an approach ignores how the market works as a complex ecosystem of rules, and that financing and intellectual-property rules cannot be meaningfully separated from manufacturing standards.

By Matthew Holehouse