Shadow Chancellor John McDonnell has committed Labour to maintaining the UKโs access to the EU Single Market in a keynote speech to the Partyโs annual conference in Liverpool.
In a wide-ranging speech setting out Labourโs economic priorities, Mr McDonnell said, โWe will seek to preserve access to the Single Market for goods and services.โ However, Mr McDonnell also noted the need for access to freedom of movement for Labour and also committed the Party to addressing โthe concerns that people have raised in the undercutting of wages and conditions, and the pressure on local public services.โ The commitment to Single Market access was welcomed by Carolyn Fairbairn, Director-General of the Confederation of British Industry.
In contrast, the Liberal Democratsโ Treasury Spokesperson, Baroness Kramer, accused McDonnell of being โunwilling to fight for Britainโs place in the Single Marketโ. The Lib Dems have made numerous attempts to position themselves as the most EU-friendly party in the UK following the Brexit vote, taking advantage of Labourโs own divisions on the issue which have continued to manifest themselves following Corbynโs re-election as party leader.