UK Business Secretary Kyle says the European customs unions is not currently on the radar of the UK government

UK Business Secretary Kyle says the European customs unions is not currently on the radar of the UK government.

The UK Business Secretary's statement suggests a current lack of focus on the European customs union, which could indicate the government's intention to prioritize alternative trade agreements or policies. This stance may impact market sentiment around the British pound, as it reinforces the notion of a more independent trade posture, potentially heightening uncertainties regarding future relations with the EU.