UK officials suggested establishing a single market for goods trade with the European Union as part of the next phase of its Brexit reset, the BBC understands. Industry figures briefed on the move said the idea has not been taken forward at this point, after EU officials expressed caution.
The proposal, which would cover goods but not services, was discussed in recent weeks between UK and EU negotiators. It aims to reduce trade friction and boost economic ties, but faces significant political hurdles on both sides.
According to sources, the UK government is exploring various options to improve trade relations with the EU, including mutual recognition of standards and reduced customs checks. However, the single market for goods idea is seen as ambitious and may require concessions on regulatory alignment.
No official statement has been released by either the UK government or the European Commission. The BBC report is based on briefings from unnamed industry figures familiar with the discussions.
