The European Union would be “open-minded” about discussing closer trade ties with the UK – and the idea of Britain joining a customs union, an official has said.
Valdis Dombrovskis, the European Commissioner for Finance, told the BBC that Brussels was “ready to engage” if the UK wanted to explore such a move.
He also signalled that the UK could ultimately join the EU’s defence fund after talks broke down in November over the cost to Britain.
By joining a customs union, tariffs would be eliminates on some or all goods passing between the UK and the EU, streamlining the process and reducing bureaucracy.
Sort: Newest first Oldest first February 3, 2026 7:27 amGood morning – and welcome back
Lord Peter Mandelson has made headlines once again today, after police confirmed they are reviewing misconduct claims against him.
Within it, Lord Mandelson appears to tell Epstein about a €500bn EU bailout while he was serving as business secretary under former prime minister Gordon Brown.
Lord Peter Mandelson (REUTERS/Jaimi Joy)
“As with any matter, if new and relevant information is brought to our attention we will assess it, and investigate as appropriate.”
Being named in the Epstein files is not a sign of wrongdoing.
Brown has also asked Wormald to investigate potential leaks during his premiership.
We’ll have updates throughout the day.
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