Healey to ask EU finance ministers to let UK into industry scheme
Healey will urge EU ministers to avoid barriers that could shut British firms out of supply chains, as he seeks closer ties on tech, defence and manufacturing.
- Chancellor John Healey meets European Union finance ministers in Dublin today to push for closer partnerships in tech, defence, and manufacturing within the "Made in Europe" Industrial Accelerator Act.
- The Industrial Accelerator Act aims to protect European manufacturing with restrictions on outside goods, but Healey warned the bloc against designing it in a way that locks British firms out of supply chains.
- Healey urged the European Union to "learn lessons" after talks collapsed last year regarding Britain's entry into a European defence loans scheme, citing funding contribution disputes as a diplomatic hurdle.
- Separately, Healey is considering a bid to join the Canada-led Defence, Security and Resilience Bank to help fund military commitments, with Treasury officials expecting a decision in November.
- As Healey prepares for the Budget and next year's spending review, funding Britain's growing defence commitments remains a major challenge influencing his broader diplomatic and financial strategy.
10 Articles
10 Articles
Healey to press EU to include UK in ‘Made in Europe’ policy
finance minister John Healey will urge his counterparts in the European Union not to exclude Britain from the bloc’s “Made in Europe” industrial policy at a meeting in Dublin later, as he presses for deeper economic and security ties. Healey wants closer partnerships with the EU in the tech, defence and manufacturing sectors, the treasury […]
UK's Healey to press EU to include UK in 'Made in Europe' policy
UK pushes EU for access to ‘Made in Europe’ industrial policy
Britain is seeking deeper economic and security ties with the European Union as Finance Minister John Healey urges the bloc to avoid excluding British companies from its planned “Made in Europe” industrial policy. Healey is expected to raise the issue with EU counterparts in Dublin as London seeks closer cooperation with the bloc in technology, […]
The Chancellor wants the Made in Europe programme to deepen its links with the United Kingdom rather than erect new barriers.
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