UK Chancellor Healey is to urge Brussels on Friday to include UK in ‘Made in Europe’ policy and will indicate that London is willing to negotiate to reach a ‘reset’ deal, according to FT
IRGC says Togolese-flagged tanker 'Trend' was hit and stopped after a fire, while it stated the tanker violated Hormuz rules and that the US instigated the transit
North Korea leader Kim's sister says no change in course of strengthening nuclear war deterrence and says the US-led multinational drills are main source of worsening tensions on the Korean peninsula
UK Chancellor Healey is to urge Brussels on Friday to include UK in ‘Made in Europe’ policy and will indicate that London is willing to negotiate to reach a ‘reset’ deal, according to FT
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UK-EU 'reset' overtures of this kind have followed a familiar sequence since the post-referendum trade framework settled: London signals willingness to negotiate on discrete files, Brussels responds by testing what the UK is prepared to concede, and progress has tended to come in narrow, technical agreements rather than comprehensive resets. Inclusion in a 'Made in Europe' or local-content regime is the harder ask, since such schemes typically discriminate on rules-of-origin lines and Brussels has historically linked third-country participation to alignment or reciprocity commitments London has been reluctant to give. The tell in these episodes is whether the Commission engages on substance or defers to member-state capitals, where appetite has varied by country and by sector. For sterling the established pattern is that reset headlines have produced modest, fading moves absent a signed text; durable repricing has waited on concrete negotiating mandates. Worth noting the signal here is intent rather than agreement: the follow-ons are Friday's actual language, any formal EU response, and whether the ask broadens beyond this single policy file.
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