UK Chancellor Reeves says joining the EU customs union is not on the cards

UK Chancellor Reeves says joining the EU customs union is not on the cards.

The UK Chancellor's remarks about not pursuing membership in the EU customs union reinforce the ongoing tensions and uncertainty surrounding Brexit negotiations. This stance may impact trade relations and could provoke market reactions, particularly in GBP and sectors sensitive to trade policies. The lack of progress on this front might fuel concerns about economic implications moving forward.