Skip to content
Thursday 20 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,748.16
+0.04%
DAX
25,983.04
-0.42%
CAC 40
8,453.09
-0.57%
STOXX 50
6,422.06
-0.35%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Tuesday 06 September 2016 2:20 pm

Does the government think Single Market membership is “highly improbable”? It depends who you ask…

By: Mark Sands

Add as a preferred source on Google

Confusion has broken out over the government's stance on Single Market membership after Downing Street refused to back the Brexit minister's views on Europe.

Brexit minister David Davis made his first ministerial statement since being appointed May's secretary of state for exiting the European Union yesterday.

And responding to a question from former small business minister Anna Soubry, now on the backbenches, Davis said it would be “highly improbable” for the UK to retain Single Market membership if it was also unable to secure immigration reform.

May has made reforms to immigration a critical part of the Brexit agenda, saying that changes to freedom of movement “must be something we deliver on”.

Read More: Four ways the City can shape Brexit to its advantage

But with the Prime Minister returning from the G20 in China today, Downing Street refused to endorse Davis' view, stating instead that the Brexit minister was delivering “his view” from the despatch box in the House of Commons.

“The Prime Minister wants to have the work underway and she recognises that people have differing views…and all of this is going to be negotiated with our European partners but we should go after the best deal that we can,” May's spokeswoman said.

Pressed on whether Davis' statement was reflective of government policy, she added: “Policy tends to be a direction of travel you're doing. Saying something is probable or improbable is not necessarily policy.”

Tory grandee and former chancellor Lord Nigel Lawson is among those who back the stance of the Brexit secretary, arguing last week that the UK would have to be outside of the Single Market.

However, top City officials have argued that easy access to Europe's markets should be the top priority for government negotiators, with Lloyd's of London chair John Nelson yesterday arguing that London's status as a global insurance leader is at risk in the wake of the Brexit vote.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics

Trending Articles

  • Jobless Banquet: Youth unemployment surge ‘sends Neets to KFC’

  • City law firm sues prominent Emirati business family

  • Amanda Blanc has worked her magic at Aviva

  • House prices in wealthy London boroughs fall by up to £300,000

  • As it happened: Miners fuel FTSE 100 recovery; oil jumps as Trump claims Strait of Hormuz

More from Morning Wire

  • Going on holiday as Prime Minister comes at a cost

    Opinion
    Andy Burnham smiling and holding a pint of beer and a smartphone in a pub setting
  • Skilled tech visa applications fall again despite AI talent push

    Tech
    UK work and study visas have fallen as Labour faces pressure to reduce immigration.
  • Singapore on Thames or the Sick Man of Europe?: The Economics of Brexit Ten Years from the Referendum 

    Opinion
    UK-EU Brexit negotiations meeting with officials discussing trade agreements and policy impacts in a formal conference room
  • UK founders cast doubt on Burnham’s pro-business push

    Entrepreneurship
    Andy Burnham, Mayor of Greater Manchester, in a professional setting.
  • Astrazeneca and Jaguar Land Rover given power to endorse talented migrants for visas

    Politics
    Jonathan Reynolds addressing the SMMT's annual International Automotive Summit (image courtesy of SMMT)
  • Nigel Farage asks the crudest question: are you with me or against me?

    Opinion
    Nigel Farage speaking at a podium during a press conference, addressing current political issues and public concerns
  • AT&T-Led Neutral-Host Network Powers New Connectivity Experience at Davis Wade Stadium

    Business Wire
  • AI Minister: Visa reform key to keeping tech giants in Britain

    AI
    Kanishka Narayan, prominent figure in the news, engaging in a public event or discussion, showcasing leadership and influe...
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook