Umunna – Only way to retain benefits of Single Market and Customs Union is to continue to be part of both

The leader of the Labour Party, Jeremy Corbyn, will deliver a major speech today (Monday) in Coventry on the Labour Party’s position on Brexit.

Commenting, Chuka Umunna MP, a leading supporter of the Open Britain campaign, said: 

“It is very welcome indeed that Labour is now fully committed to participating in the Customs Union on the same terms as we do now, putting clear red water between Labour and the Conservatives on that issue.  

“But the only way to retain the benefits of the Single Market and Customs Union, and to avoid a hard Irish border, is to continue to be part of both as the TUC has made clear. It is the best anti-austerity policy too because it avoids a huge negative impact on revenues to the Exchequer if we Brexit.”