Skip to content
Monday 17 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,720.30
-0.28%
DAX
26,338.61
-0.38%
CAC 40
8,579.60
-0.66%
STOXX 50
6,530.45
-0.14%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Wednesday 01 February 2017 1:56 pm

Goerge Osborne: Brexit talks with the EU will be “bitter”

By: Mark Sands

Add as a preferred source on Google

In a rare intervention, former chancellor George Osborne has predicted the government faces "bitter" talks when it gets around the negotiating table with the EU. 

Speaking as MPs debated the passage of a Bill granting Prime Minister Theresa May the power to launch divorce proceedings, Osborne said the government had not "put the economy first" in the aftermath of the referendum.

Read More: May confirms Brexit white paper will be published tomorrow

"The government has chosen – and I respect this decision – not to make the economy the priority in this negotiation. They've prioritised immigration control," he said, adding that European leaders were similarly unfocused on the economy.

"While they understand that Britain is a very important market for their businesses, their priority is to maintain the integrity of the remaining 27 members of the EU. They are not interested in a long and complex hybrid agreement with the UK," Osborne said.

"It's going to be, I suspect, rather bitter."

Read More: The EU doesn't believe UK will walk away from trade talks – Sir Ivan Rogers

Osborne's comments came ahead of a vote among MPs on the progress of the Bill, expected later this evening.

The former chancellor said if MPs to reject the Bill, it will present the UK with a constitutional crisis. But he added parliament now faces a series of important questions on topics like immigration and state aid.

He also sounded a warning: "I will be in those fights in the couple of years ahead."

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics

Trending Articles

  • As it happened: FTSE 100 drops as oil prices rise after Trump makes Hormuz threat

  • Is the Zeekr 9X Super Hybrid the new luxury SUV to beat?

  • US bond market jitters spark UK economy recession warning

  • Grandparents fund university degrees to avoid inheritance tax net

  • Aldi boss wades into supermarket ‘price-gouging’ row

More from Morning Wire

  • 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
  • Government urged to refuse £1bn British Steel repayment to Chinese former owner 

    Politics
    Labour's Jonathan Reynolds unveiled the industrial strategy in June.
  • Aldi boss wades into supermarket ‘price-gouging’ row

    Retail
    Giles Hurley, Aldi UK CEO, stands in a supermarket produce aisle with fresh fruits and vegetables.
  • ‘Brutal onslaught’: Brewery McMullen’s takes aim at Reeves’ tax hikes after pub sell-off

    Hospitality
    OBE 028 business event showcasing industry leaders discussing emerging trends and strategies
  • Thames Water creditors expect Burnham talks despite legal contigency plans

    Politics
    Burnham cityscape at sunset with historic buildings and bustling streets, highlighting the vibrant urban landscape
  • Formula 1 worth £12bn to UK economy as Silverstone rakes in £100m

    Sport Business
    Business professionals engaged in a strategic discussion at a corporate meeting, highlighting teamwork and collaboration.
  • Burnham set for crunch decision on JP Morgan’s £10bn tower

    Banking
    Breaking news update with relevant statistics and graphs displayed on a digital screen, highlighting recent data trends.
  • US bond market jitters spark UK economy recession warning

    Economics
    Donald Trump delivering a speech at a podium during a formal event, emphasizing key points to an attentive audience.
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