Skip to content
Sunday 16 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,750.11
-0.21%
DAX
26,440.31
+0.53%
CAC 40
8,636.80
-0.16%
STOXX 50
6,539.59
-0.09%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Tuesday 20 May 2025 6:00 am  |  Updated:  Tuesday 20 May 2025 11:43 am

Starmer sends his critics into a spin – but will Brexit deal deliver?

By: Christian May

Editor-in-Chief

Add as a preferred source on Google
Prime Minister Sir Keir Starmer and President of the European Commission Ursula von der Leyen at a press conference at the end of the UK-EU Summit at Lancaster House, in central London. Picture date: Monday May 19, 2025. PA Photo. Carl Court/PA Wire

The Prime Minister says it’s now “time to move on from the stale old debates” of Brexit. It’s amazing he didn’t crack a grin as he said these words, knowing as he did that his critics would immediately work themselves up into a frenzy.

The critics – including, but not limited to Nigel Farage and Kemi Badenoch – did not disappoint. As Keir Starmer and the EU’s top brass were enjoying lunch on the Thames courtesy of the Royal Navy, cries of “betrayal” and “surrender” were echoing around Westminster.

For those of us who had to chronicle the original Brexit dramas, the build up to this summit was somewhat triggering, especially when a UK government source declared yesterday that “nothing is agreed until everything is agreed” – a phrase I can still hear Michel Barnier uttering throughout 2018. When the deal emerged yesterday morning, it was clear that quite a lot had been agreed and it produced one of those rare political moments where pretty much everyone was right in what they said.

Starmer’s strategy is not without risk

Starmer was right when he said he was “delivering what the British people voted for” (this approach to the EU was in the Labour manifesto) and he was right when he said the new arrangements were “unprecedented” given that no other non-EU state has come to such intimate terms with the bloc. But shadow business secretary Andrew Griffith was also right when he said the deal will leave the UK as a “rule-taker” (because it will) and Nigel Farage was right when he said the deal is a betrayal of the UK fishing industry (because it is). Former Brexit minister Steve Baker was also right to tell Morning Wire that “this was always Starmer’s plan” – because it was.

But that’s politics for you; Starmer chose this fight and, just days after inking deals with India and the US, he’s got his hat-trick. His calculation is that Reform UK and what’s left of the Tory party will only hurt themselves by lashing out on an issue that most voters don’t want to hear about any more. As a political strategy it’s not without risk as more and more of Labour’s 2024 voters flock to Farage’s party, but business groups are pleased with this deal and Starmer is betting that an economic upside will ultimately triumph over ‘outdated’ arguments about sovereignty.

That theory will be put to the test in the months ahead.

Read more

As it happened: Stocks rise but oil tops $95; inflation eases

Man in suit and red tie speaking at a podium to an audience in a modern building.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News
  • Opinion

Categories

  • Opinion
  • Business
  • Politics

People & Organisations

  • Brexit
  • EU
  • Keir Starmer
  • Kemi Badenoch
  • Labour Party
  • Nigel Farage
  • Reform UK
  • trade
  • UK economy
  • UK Government
  • Ursula von der Leyen

Trending Articles

  • Grandparents fund university degrees to avoid inheritance tax net

  • Revolut chatbot goes rogue by charging users to cancel subscription

  • Brompton Bicycle sues former adviser for ‘professional negligence’

  • Revolut takes flight with launch of new airport lounges

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

More from Morning Wire

  • As it happened: Stocks rise but oil tops $95; inflation eases

    Markets
    Man in suit and red tie speaking at a podium to an audience in a modern building.
  • Victory wasted: The cautionary tale of Keir Starmer

    Opinion
    Keir Starmer exiting a building, dressed in a suit, amid media attention, reflecting leadership and political significance
  • Burnham’s Thatcherism jibes are just tired socialist talking points

    Opinion
    Andy Burnham, Mayor of Greater Manchester, stands outside 10 Downing Street.
  • Keir Starmer wasn’t weird enough for Westminster

    Opinion
    Keir Starmer holding a football with a World Cup logo, smiling and engaging in a sports event discussion.
  • Fifa boss Infantino: World Cup critics are ‘consumed with hate’

    Sport Business
    Donald Trump and Gianni Infantino surrounded by falling gold confetti at an event
  • ‘That’s reality’: Burnham will have to focus on international affairs, Starmer warns

    Politics
    Business conference attendees networking at a corporate event with banners and presentation screens in the background
  • Burnham premiership begins with decline in job postings

    Economics
    Andy Burnham, Mayor of Greater Manchester, in a professional setting.
  • Starmer took sport freebies worth tens of thousands of pounds while PM

    Sport Business
    Getty Images logo on a digital screen, symbolizing media content and stock photography for news and business platforms
MorningWire

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

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

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