LONDON — Britain’s chief finance minister will argue closer integration with the EU offers the U.K. the best opportunity for higher economic growth — ahead of links with the U.S. and China.
Rachel Reeves will say Wednesday evening that stronger ties with the European bloc are “the biggest prize” for Britain, while stressing that calculation isn’t “about choosing sides but about geography.”
“There are three big economic blocks: U.S., China and Europe,” Reeves will say, according to extracts shared with POLITICO. “We will always seek every opportunity to grow our economy and these trading relationships, but ultimately only one of these is on our doorstep, and so the biggest prize is closer integration with Europe.”