Peter Kyle, the UK Business Secretary, has conveyed that the British public is not looking back nostalgically at the pre-Brexit era; rather, they are focused on moving forward and strengthening economic relations with the European Union. His remarks came during the signing of a new agreement in Brussels aimed at enhancing cooperation between the UK and EU on competition issues, which he views as a significant validation of the renewed relationship since the Labour Party returned to power. Kyle expressed optimism that this new deal would facilitate better collaboration on strategies pertaining to mergers and acquisitions, a reflection of the ongoing dialogue between the two entities.

The agreement was also welcomed by Teresa Ribera, the European Commission's executive vice-president, who described it as a privilege to reinforce the current beneficial cooperation with the UK. This deal comes at a time when there is a shift in public sentiment towards pragmatism over nostalgia, suggesting that current governmental policies aimed at 'resetting' the relationship with the EU align with the public's desire for economic growth and trade strengthening. Kyle emphasized that the electorate voted for a government that prioritizes closer ties with the EU as part of its core foreign policy.