A summary of Lord Frost's article in The Telegraph:
Rejoining the EU Single Market for Agrifood:
Despite Labour’s manifesto pledge, the UK is rejoining the EU single market for agrifood, forcing all farms and food businesses to follow EU laws and accept EU court rulings, regardless of whether they trade with the EU. This is based on a flawed belief that it will boost food trade, which is only 2-3% of UK exports, while harming family farms by pushing them towards solar farming and allowing easier EU agricultural exports to the UK.
Joining EU Energy and Carbon Schemes:
The UK will join the EU’s single market for electricity, its carbon trading scheme, and the Carbon Border Adjustment Mechanism (CBAM), leading to higher energy costs due to the EU’s 50% higher carbon price. The UK is also locked into net zero commitments at least as strict as the EU’s, limiting future policy flexibility.
Loss of Fishing Ground Control:
Control over UK fishing grounds, set to return in 2026, is now delayed until 2038. This undermines efforts to rebuild the fishing industry, with Labour’s proposed recovery fund failing to address the core issue of access to fish stocks, ignoring the needs of coastal communities.
Youth Mobility Scheme:
A rebranded “youth experience” scheme allows EU citizens to volunteer or travel in the UK without a cap on numbers, only a vague agreement that numbers be “acceptable” to both sides. This raises concerns about Labour’s ability to negotiate firmly, potentially leading to uncontrolled inflows.
Financial Costs:
The UK will pay fees to be governed by EU rules on agrifood, energy, and net zero, as well as to rejoin the Erasmus student scheme, costing around £150 million annually. This is due to more EU students coming to the UK than UK students going to the EU, with no reciprocal EU funding. These costs are for minimal gains, such as a weak security and defence agreement and vague promises on e-gate access at airports.
The deal sacrifices key British interests for little in return, gradually pulling the UK back towards the EU’s single market and customs union.
https://archive.ph/tANW7