UK pushes EU to include British firms in 'Made in Europe' industrial scheme
UK Chancellor John Healey presses EU ministers to safeguard British manufacturers from being locked out of the bloc's 'Made in Europe' industrial policy
The UK’s push to secure access to the European Union's “Made in Europe” industrial scheme is a central battleground in ongoing efforts to reset post-Brexit relations.
The EU’s Industrial Accelerator Act (IAA) which features the "Made in EU"/ "Made in Europe" framework—is designed to boost the bloc's domestic manufacturing, cut down dependencies on external powers like China, and favor locally produced goods in public procurement and corporate support schemes.
However, because the UK sits outside the bloc, British industries (particularly highly integrated sectors like automotive, manufacturing, chemicals, and technology) face the threat of being locked out of European supply chains and public tenders.
UK Chancellor John Healey pressed EU finance ministers during economic talks in Dublin, urging Brussels to design the scheme to include British firms rather than erect new trade barriers.
London is attempting to avoid a repeat of the breakdown seen with the EU’s Security Action for Europe (SAFE) defense fund, which collapsed after the UK balked at multibillion-euro entry fees.
Roughly £15 billion worth of British automotive exports alone go to European markets annually. UK officials argue that excluding British suppliers will harm cross-border production networks that both sides rely on.
While many individual EU member states might sympathize with the UK's position, the initiative faces heavy pushback from France and the European Parliament. Critics argue it is difficult to justify shifting production or awarding exemptions to a non-member state over EU-based companies.
Broader UK-EU political summits aimed at formalizing a relationship reset have faced repeated delays amid clashes over public spending rules, visa access (such as youth mobility schemes), and alignment terms.
-
Bipartisan poll shows most Americans blame Trump Policies for rising costs ahead of midterms
-
US imposes sanctions on ICC after former judge wins Nobel Peace Prize
-
Jane Doe text exchange reveals shifting narrative in the Cornell 7 assault case
-
Cornell 7 accused Gillio Lopes breaks silence over assault lawsuit
-
Is Russia threatening SpaceX’s Starlink? German space chief raises concerns
-
Yorkshire declares drought after prolonged dry weather
-
Virginia's County sues to halt Trump's 250-foot triumphal arch near Arlington National Cemetery
-
Elon Musk's mother leaves him emotional with heartfelt remarks
-
Nobel Prize winner Maria Corina Machado calls for presidential elections by July 2027
-
Navi Pillay wins Nobel Peace Prize for promoting peace and international law
-
Russia-Ukraine peace efforts: Trump envoys to discuss new US proposals with Kyiv, Europe
-
Two homes in Hamilton, Ontario devastated by explosions, three hospitalised