UK Government projects £10B annual GDP boost from EU deals by 2040

Andy Burnham: Andy Burnham is the Prime Minister of the United Kingdom and leader of the Labour Party, having taken office in July 2026 following Keir Starmer's resignation. Previously Mayor of Greater Manchester, he has emphasized stability, public service reforms, and a new economic model in his early tenure. He delivered the statement on EU deals as part of efforts to highlight positive future economic outcomes from international partnerships. UK Government: The UK Government is the central executive body responsible for national policy, legislation, and international relations, currently led by Prime Minister Andy Burnham since July 2026. It has prioritized a reset in relations with the EU focused on targeted agreements in trade facilitation and regulatory cooperation while maintaining red lines on single market or customs union membership. The announcement positions these deals as a key element of its long-term economic strategy. EU Relations Reset: The UK continues to advance targeted agreements with the EU on issues including sanitary and phytosanitary standards, emissions trading linkage, and electricity market integration as part of post-Brexit trade improvements. Trade Facilitation Efforts: Recent initiatives include mutual recognition of conformity assessment bodies to ease product testing and certification for exports to the EU market.