Rachel Reeves has described closer trade relations with the EU as 'the biggest prize' for the UK economy, signalling Labour’s desire for further alignment with Europe. She said that while deals with India, the USA, and other nations are welcome, none compare in scale to improving trade with the EU, which accounts for nearly as much UK trade as the rest of the world combined. She favours removing barriers for businesses and rebuilding trust with European partners, citing renewed participation in the Erasmus programme and plans for a Youth Mobility Scheme as signs of progress. Though Labour’s manifesto rules out rejoining the single market or customs union, several senior figures have suggested deeper integration could boost growth. Critics accuse the Government of attempting to dilute Brexit, warning against surrendering tariff control or repeating complications seen in other customs arrangements.