UK Chancellor to Push EU to Include Britain in ‘Made in Europe’ Policy
UK Chancellor John Healey will meet EU finance ministers in Dublin to argue that Britain should not be excluded from the EU’s proposed ‘Made in Europe’ industrial policy.
In Brief
- •UK Chancellor John Healey will meet EU finance ministers in Dublin to argue that Britain should not be excluded from the EU’s proposed ‘Made in Europe’ industrial policy.
- •The policy, formally called the Industrial Accelerator Act, aims to strengthen European manufacturing and reduce reliance on non‑European suppliers, especially China.
- •Around £15 billion of UK automotive exports go to EU markets each year, and British suppliers are embedded in cross‑border supply chains that could be disrupted if the policy restricts support to EU‑based companies.
Why It Matters
The outcome of the EU’s industrial strategy will shape the post‑Brexit economic relationship between the UK and the EU. If Britain is excluded, UK manufacturers—particularly in the automotive sector—risk losing access to public support and could face supply‑chain disruptions that threaten competitiveness. The Chancellor’s intervention reflects the Labour government’s broader effort to reduce trade friction while maintaining close ties with Brussels, a priority that could influence future UK‑EU trade and security cooperation.
Key Details
- Meeting location
- Dublin
- Meeting type
- EU finance ministers
- UK automotive exports to EU
- £15 billion per year
- Industrial Accelerator Act
- proposed name
- SAFE negotiations failure
- 2025
- Industrial policy focus
- reduce dependence on China
Context & Background
The UK left the EU in 2020, and the Labour government has been working to minimise trade friction while deepening economic and security ties with Brussels. The ‘Made in Europe’ policy is part of this effort, but concerns about exclusion have emerged.
Original Reporting & Sources
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