Peter Kyle signs cooperation deal on competition and says it is not a case of being nostalgic for pre-Brexit past
The British public are “not nostalgic” for the pre-Brexit past but are pragmatic and want to move forward and “deepen” ties with the EU on trade and the economy, the business secretary, Peter Kyle, has said.
Signing an agreement in Brussels to cooperate closely on competition issues, Kyle said he thought the deal was “a real vindication of the reset and the relationships that have emerged between the EU and the UK” since Labour came to power.
He said it marked an alignment on strategies on issues such as mergers and acquisitions, the result of frequent conversations the two sides were now having.
The European Commission executive vice-president Teresa Ribera said it was “a privilege” to sign the deal, which was “reinforcing the current good cooperation” with the UK.
