23/08/2026
Experts flag single market benefits but urge caution
Experts say that re-joining the EU single market could deliver a significant economic boost by removing much of the trade friction and red tape created by Brexit, particularly for the UK’s services sector. Research estimates the move could add £92bn to GDP and recoup up to 90% of Brexit’s economic hit, while restoring greater labour-market flexibility, investment certainty and attractiveness for foreign direct investment. With 41% of UK exports going to the EU in 2025, closer integration could also strengthen trade and productivity through greater competition. Critics argue that weaker UK competitiveness, limited manufacturing capacity and uncertainty over migration could constrain the upside.