Burnham will lay out these options at a UK-EU summit scheduled for later this year, asserting that Brexit has "done more harm than good." This shift represents a reversal from Labour's 2024 manifesto, which had explicitly ruled out rejoining the EU or its single market. Any resulting policy changes would likely appear in the party's next election manifesto, with the next general election potentially 3 years away. UK carbon prices surged following the Prime Minister's pledge to rebuild ties.
