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UK Treasury expected to study benefits of closer EU ties

Published

Government figures say the UK Treasury will launch a study into the economic benefits of Britain moving closer to the EU. The move is likely to revive the "Project Fear" row from the Brexit years.

Chancellor John Healey has also ruled out a rise in capital gains tax in his Budget next week. This follows warnings that such a rise would damage confidence in the economy.

Key facts

Who
John Healey (Chancellor); UK Treasury (government department expected to launch the study)
What
According to the article, the UK Treasury is expected to launch a study into the economic benefits of Britain moving closer to the EU, a move likely to reignite the "Project Fear" row seen during Brexit. The article's text also notes that Chancellor John Healey has ruled out a capital gains tax rise in his Budget next week after warnings it would damage economic confidence.
When
20 October 2026
Where
United Kingdom, Britain, EU
Status
Reported

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