• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
PoliticsU.K.
Europe

EU would ‘be delighted’ to forge closer ties with the U.K.’s next government, according to Economy Commissioner

By
Jorge Valero
Jorge Valero
,
Craig Stirling
Craig Stirling
,
Tom Rees
Tom Rees
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Jorge Valero
Jorge Valero
,
Craig Stirling
Craig Stirling
,
Tom Rees
Tom Rees
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
May 27, 2024, 1:00 AM ET
Flags of Great Britain and European Union
Flags of Great Britain and the European Union.Getty Images

The European Union would be delighted if it can forge a warmer relationship with a future UK government, according to the bloc’s economy commissioner, Paolo Gentiloni.

Recommended Video

Questioned on Bloomberg Television on prospects for a greater rapprochement between the two sides in the event of a change in government in Britain, the Brussels official expressed hope.

“Closer ties are what we expect,” he said in an interview with Oliver Crook. “I have to say that we reached a very good agreement with the existing government. But if closer relations are possible with the new government, we are very happy.”

The remarks on the sidelines of a meeting of Group of Seven finance ministers in the Italian lakeside town of Stresa follow UK Prime Minister Rishi Sunak’s announcement of an election on July 4. 

With the ruling Conservative Party languishing in the polls, the prime minister would need to pull off a remarkable turnaround to stave off a victory by the opposition Labour Party led by Keir Starmer.

While Sunak has edged the UK closer to the EU and helped to normalize relations with the bloc, Labour has vowed to further improve ties if it wins power. 

Last year Sunak’s government agreed the Windsor Framework to smooth trade between Northern Ireland and the rest of the UK, and struck a deal for the UK to rejoin the EU’s Horizon science program. However, Sunak recently rejected a proposal by Brussels to make it easier for young people to move between the UK and EU for work and study.

David Lammy, a possible future foreign secretary under such a Labour administration, said earlier this month that if his side wins, it would “get into negotiation” when the post-Brexit trade agreement is reviewed in 2025.

A Labour government would be willing to discuss the EU’s youth mobility offer as part of talks to boost cooperation, he said, cautioning that there would be no return to the bloc’s single-market freedom of movement rules. 

Starmer has also promised to “get a much better deal” next year and is seeking to agree a new security pact with the EU. 

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Authors
By Jorge Valero
See full bioRight Arrow Button Icon
By Craig Stirling
See full bioRight Arrow Button Icon
By Tom Rees
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
Fortune Secondary Logo
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Most Popular

placeholder alt text
Success
Japanese companies are paying older workers to sit by a window and do nothing—while Western CEOs demand super-AI productivity just to keep your job
By Orianna Rosa RoyleFebruary 27, 2026
1 day ago
placeholder alt text
Success
Walmart exec says U.S. workforces needs to take inspiration from China where ‘5 year-olds are learning DeepSeek’
By Preston ForeFebruary 27, 2026
1 day ago
placeholder alt text
Commentary
'The Pitt': a masterclass display of DEI in action 
By Robert RabenFebruary 26, 2026
2 days ago
placeholder alt text
Law
China's government intervenes to show Michigan scientists were carrying worms, not biological materials
By Ed White and The Associated PressFebruary 26, 2026
2 days ago
placeholder alt text
Economy
Come 2030, the U.S. deficit will be worth 5.9% of GDP—more than spending on Social Security, and equal to major health programs
By Eleanor PringleFebruary 26, 2026
2 days ago
placeholder alt text
Innovation
An MIT roboticist who cofounded bankrupt robot vacuum maker iRobot says Elon Musk’s vision of humanoid robot assistants is ‘pure fantasy thinking’
By Marco Quiroz-GutierrezFebruary 25, 2026
3 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in Politics

trump
PoliticsWhite House
Trump says Cuba has ‘no money’ and ‘maybe we’ll have a friendly takeover’
By Will Weissert and The Associated PressFebruary 28, 2026
7 minutes ago
clinton
PoliticsBill Clinton
Bill Clinton on his Jeffrey Epstein relationship: ‘I saw nothing, and I did nothing wrong’
By Stephen Groves and The Associated PressFebruary 28, 2026
12 minutes ago
iran
Middle EastMiddle East
‘This will be probably your only chance for generations’: Trump tells Iranians to first take cover, then rise up
By Brian Melley and The Associated PressFebruary 28, 2026
19 minutes ago
trump
Middle EastMiddle East
Trump urges Iranians to ‘take over your government’ as he launches ‘major combat operations’
By The Associated PressFebruary 28, 2026
27 minutes ago
OpenAI CEO Sam Altman
AIAnthropic
OpenAI sweeps in to ink deal with Pentagon as Anthropic is designated a ‘supply chain risk’—an unprecedented action likely to crimp its growth
By Jeremy KahnFebruary 28, 2026
34 minutes ago
Middle EastIran
U.S. airstrikes target members of Iranian leadership while retaliation focuses on Israel and American bases in the region
By Jon Gambrell, Konstantin Toropin, Josh Boak, Aamer Madhani and The Associated PressFebruary 28, 2026
1 hour ago