Press

“If we manage to negotiate an orderly withdrawal, to fully respect the integrity of the single market and establish a level playing field, there is every reason for our future partnership to be ambitious. This is our preferred option,” Michel Barnier told the Centre for European conference in Brussels on Monday.

Michel Barnier told a conference in Brussels that London needs to provide clear proposals soon to find a way for the UK to leave the EU in 2019 but still have a transparent, open border between Northern Ireland and EU member Ireland. "Those who wanted Brexit must offer solutions," Barnier told a Centre for European Reform conference in Brussels.

In a speech to the Centre for European Reform which will enrage Eurosceptics, Mr Barnier insisted that any attempt to create new rules after Brexit even on domestic issues such as farming and healthcare will meet fierce resistance from the EU.

The European Union’s Brexit negotiator Michel Barnier has ruled out the prospect of UK financial firms benefiting from a special post-Brexit deal that will give them continued access to Europe’s single market.“Those who claim that the UK should cherry-pick part of the single market must stop this contradiction,” Mr Barnier said at the Centre for European reform conference in Brussels on Monday.“The single market is a package of four indivisible freedoms, common rules, institutions and enforcement structure. The UK knows these rules very well, like the back of its hand. It has contributed to defining them.”

Mr Barnier argued there would be a risk to Europe’s financial stability if the continent’s main financial centre was outside the EU’s regulatory orbit. While co-operation would be possible at international level, Mr Barnier said this could never amount to the type of access enjoyed by Britain under the single market. “Let’s not have a short memory!” he said, referring to the financial crisis. “We will not compromise on financial stability — we will never compromise on financial stability — in the EU and in the eurozone.” His assessment came in a speech to the Centre for European Reform that highlighted the hurdles remaining if Britain is to achieve “sufficient progress” in divorce negotiations by a crucial December summit.

“The UK has chosen to leave the EU. Does it want to stay close to the European model or does it want to gradually move away from it?” he said at the Centre for European Reform in Brussels.Mr Barnier reminded the British government that any future trade agreement with the EU must be ratified in at least 38 national and regional parliaments, as well as by MEPs, before it can come into force.

Lord Mandelson said the Cabinet has no united vision of what a future partnership with the EU should look like and suggested Brussels should not trigger sufficient progress next month either. In a gloomy appearance the prominent Remain campaigner and chief ally of Tony Blair warned the UK will “never be an equal partner” to Brussels and should accept its fate as a “rule taker”.