Row 2602

Row ID: 2602 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 2602 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

**Bloomberg London**

*June 25th 2026*

10 years to the day since the BBC's David Dimbleby delivered the news that “The British people have spoken and the answer is: 'We're out'" prompting a process to extricate the United Kingdom from the European Union that some say has never been fully concluded, Prime Minister Keir Starmer took to the stage at Bloomberg London to announce the date for a fresh referendum. This was the very stage that Lord Cameron of Hog's Back delivered his own referendum announcement on in January 2013, and the Prime Minister exceeded many of the pro-EU sentiments made by the former Prime Minister as he addressed both national and European journalists. Key excerpts below:

*"Britain is first and foremost a European country. We cannot operate in isolated of our European partners and our fates, prosperity and opportunities for success on a personal, business and national level are intertwined. The negative effects of Brexit have touched every household in the United Kingdom, be it rising prices, rising interest rates, travel and employment opportunities on the continent, trade and commerce. It is time to right this wrong and return to where we belong.*

*"The referendum was ultimately a decision taken solely to unify the Conservative party, and lobbied for by malicious actors both foreign and domestic. The catastrophic impact has caused a generational rift and has split friendships and families along a leave / remain line. Resentment has flourished and the very Union in which we live saw a resurgence in nationalism that could have torn us asunder. We must address the harm wrought upon us by the lies told on buses, on billboards and by those with vested interests through the media. This must be a referendum based on fact, not fear."*

*"We will not return to the position we once had, the obstinate and stubborn party that refuses to pull in the same direction. There can be no half in, half out in our future relationship, we must be all in and work at the heart of the European Union for a future based on social and democratic values rather than a race to the bottom. To this end we will pay our way fully and not hide behind an outdated rebate, we will withdraw several of our opt-outs and commit to full integration to the Eurozone when key economic conditions are met. The greater the integration, the richer the rewards!"*

*"For more than a decade a multitude of Conservative leaders have come and gone, all failing to address key issues that have resulted from a decision they ultimately inflicted upon this country. They have hidden behind Brexit as an excuse for everything from inflation to Covid, from illegal immigration to energy prices and from poor productivity to a shrinking labour force. Well there can be no more excuses, this government will grasp the nettle and lead this country back into the European Union and bring about a new era of prosperity for families and households up and down the country."*

The Prime Minister made a second referendum a manifesto pledge, and the [King's Speech in 2024](https://www.reddit.com/r/GlobalPowers/comments/17e6xpb/eventretro_king_charles_opens_parliament/) made reference to a pledge to "re-integrate our nation back to the EU". Discussions with EU Member States have been ongoing since then, and agreement has now been reached on the terms that will be offered. Should the vote go in favour of rejoining, the UK will retain opt-outs on Schengen and a five year adjustment period for the previously agreed opt-outs for Protocol 7 of the Charter of Fundamental Rights and in the area of freedom, security and justice. A five year opt-out will also remain on integration to the Eurozone, with an assessment to take place at the five year point based on the [five economic tests](https://en.wikipedia.org/wiki/Five_economic_tests) outlined by the last Labour government.

A date for the referendum has been provisionally set for May 27th 2027, with the European Referendum Act 2026 set to be introduced later this year. This will require a referendum to take place prior to the end of 2027 and a draft of the Act seen by The Telegraph and published after the speech contained several provisions including:

* In the event of a 'rejoin' result, a requirement to submit the application to the European Union by December 31st 2029. * A restriction on spending for both campaigns of £8 million, limits on the expenditure by registered and unregistered campaign groups. Spending limits for political parties will be limited and based on their performance in the last election. * A prohibition on campaigns or political parties receiving money from overseas, or from non-domiciled persons or businesses for campaigning purposes. * The establishment of a fact-checking team within the Electoral Commission, through which all campaigning materials must be passed and approved prior to dissemination.

The terms of re-entry have been met with condemnation from the Conservatives, who have labelled it a betrayal of the voters who spoke in a 'once in a generation' referendum only a decade ago. Conservative leader Kemi Badenoch called the terms undoubtedly worse than those renegotiated by Lord Cameron, and expressed dismay that the UK rebate would be lost and the UK potential drawn into the economically underperforming Eurozone. She also highlighted the absence of a minimum level of support, a key position taken by those opposed to Brexit who called the 52/48 split too close to make a decision.

She added that the hard work done by previous governments negotiating the current UK-EU relationship would be wasted and the disruption caused to people and businesses on both sides of the Channel would have been for nothing. Reflecting on her time as Business Secretary, she said the advantages of leaving, including accession to the CPTPP which had now provided a free trade agreement with the United States would be lost for no tangible benefit. The statement prompted market jitters, with some in 'The City' saying companies based in CPTPP countries were now pausing their investments while they waited for the outcome of the referendum.

Where Badenoch held back, arch-Eurosceptic Nigel Farage did not. Speaking to LBC moments after Starmer finished speaking, he labelled the decision 'the ultimate betrayal', labelling Starmer a Quisling and slamming the Civil Service and the servile, spineless MPs of recent governments for their failure to implement a clean break from the EU which would have delivered a true Brexit and not the halfway house the country has found itself in since 2016. Asked whether he'd campaign for the 'No' side, he said his team were already preparing to mobilise grassroots support and would take the fight to Starmer and the Blob.

The announcement was broadly welcomed in the devolved administrations, though not by the SNP, DUP, UUP or Sinn Féin. Kate Forbes, who replaced Humza Yousaf after the SNP's poor showing in the last election called the referendum a cheap trick to further take the wind out of the sails of independence. In Northern Ireland both the DUP and UUP lambasted the decision on the grounds of the pain felt in Northern Ireland as part of the Protocol and the subsequent Windsor Framework. Sinn Féin have taken a similar line to the SNP, believing that demand for a border poll had been bolstered post-Brexit, and that their own political goals of reunification would suffer as a result.

FieldValue
text **Bloomberg London** *June 25th 2026* 10 years to the day since the BBC's David Dimbleby delivered the news that “The British people have spoken and the answer is: 'We're out'" prompting a process to extricate the United Kingdom from the European Union that some say has never been fully concluded, Prime Minister Keir Starmer took to the stage at Bloomberg London to announce the date for a fresh referendum. This was the very stage that Lord Cameron of Hog's Back delivered his own referendum an…
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Raw Record

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The negative effects of Brexit have touched every household in the United Kingdom, be it rising prices, rising interest rates, travel and employment opportunities on the continent, trade and commerce.  It is time to right this wrong and return to where we belong.*\n\n*\"The referendum was ultimately a decision taken solely to unify the Conservative party, and lobbied for by malicious actors both foreign and domestic.  The catastrophic impact has caused a generational rift and has split friendships and families along a leave / remain line.  Resentment has flourished and the very Union in which we live saw a resurgence in nationalism that could have torn us asunder.  We must address the harm wrought upon us by the lies told on buses, on billboards and by those with vested interests through the media.  This must be a referendum based on fact, not fear.\"*\n\n*\"We will not return to the position we once had, the obstinate and stubborn party that refuses to pull in the same direction.  There can be no half in, half out in our future relationship, we must be all in and work at the heart of the European Union for a future based on social and democratic values rather than a race to the bottom.  To this end we will pay our way fully and not hide behind an outdated rebate, we will withdraw several of our opt-outs and commit to full integration to the Eurozone when key economic conditions are met.  The greater the integration, the richer the rewards!\"*\n\n*\"For more than a decade a multitude of Conservative leaders have come and gone, all failing to address key issues that have resulted from a decision they ultimately inflicted upon this country.  They have hidden behind Brexit as an excuse for everything from inflation to Covid, from illegal immigration to energy prices and from poor productivity to a shrinking labour force.  Well there can be no more excuses, this government will grasp the nettle and lead this country back into the European Union and bring about a new era of prosperity for families and households up and down the country.\"*\n\nThe Prime Minister made a second referendum a manifesto pledge, and the [King's Speech in 2024](https://www.reddit.com/r/GlobalPowers/comments/17e6xpb/eventretro_king_charles_opens_parliament/) made reference to a pledge to \"re-integrate our nation back to the EU\".  Discussions with EU Member States have been ongoing since then, and agreement has now been reached on the terms that will be offered.  Should the vote go in favour of rejoining, the UK will retain opt-outs on Schengen and a five year adjustment period for the previously agreed opt-outs for Protocol 7 of the Charter of Fundamental Rights and in the area of freedom, security and justice.  A five year opt-out will also remain on integration to the Eurozone, with an assessment to take place at the five year point based on the [five economic tests](https://en.wikipedia.org/wiki/Five_economic_tests) outlined by the last Labour government.\n\nA date for the referendum has been provisionally set for May 27th 2027, with the European Referendum Act 2026 set to be introduced later this year.  This will require a referendum to take place prior to the end of 2027 and a draft of the Act seen by The Telegraph and published after the speech contained several provisions including:\n\n* In the event of a 'rejoin' result, a requirement to submit the application to the European Union by December 31st 2029.\n* A restriction on spending for both campaigns of £8 million, limits on the expenditure by registered and unregistered campaign groups.  Spending limits for political parties will be limited and based on their performance in the last election.\n* A prohibition on campaigns or political parties receiving money from overseas, or from non-domiciled persons or businesses for campaigning purposes.\n* The establishment of a fact-checking team within the Electoral Commission, through which all campaigning materials must be passed and approved prior to dissemination.\n\nThe terms of re-entry have been met with condemnation from the Conservatives, who have labelled it a betrayal of the voters who spoke in a 'once in a generation' referendum only a decade ago.  Conservative leader Kemi Badenoch called the terms undoubtedly worse than those renegotiated by Lord Cameron, and expressed dismay that the UK rebate would be lost and the UK potential drawn into the economically underperforming Eurozone.  She also highlighted the absence of a minimum level of support, a key position taken by those opposed to Brexit who called the 52/48 split too close to make a decision.\n\nShe added that the hard work done by previous governments negotiating the current UK-EU relationship would be wasted and the disruption caused to people and businesses on both sides of the Channel would have been for nothing.   Reflecting on her time as Business Secretary, she said the advantages of leaving, including accession to the CPTPP which had now provided a free trade agreement with the United States would be lost for no tangible benefit.  The statement prompted market jitters, with some in 'The City' saying companies based in CPTPP countries were now pausing their investments while they waited for the outcome of the referendum.\n\nWhere Badenoch held back, arch-Eurosceptic Nigel Farage did not.  Speaking to LBC moments after Starmer finished speaking, he labelled the decision 'the ultimate betrayal', labelling Starmer a Quisling and slamming the Civil Service and the servile, spineless MPs of recent governments for their failure to implement a clean break from the EU which would have delivered a true Brexit and not the halfway house the country has found itself in since 2016.  Asked whether he'd campaign for the 'No' side, he said his team were already preparing to mobilise grassroots support and would take the fight to Starmer and the Blob.\n\nThe announcement was broadly welcomed in the devolved administrations, though not by the SNP, DUP, UUP or Sinn Féin.  Kate Forbes, who replaced Humza Yousaf after the SNP's poor showing in the last election called the referendum a cheap trick to further take the wind out of the sails of independence.  In Northern Ireland both the DUP and UUP lambasted the decision on the grounds of the pain felt in Northern Ireland as part of the Protocol and the subsequent Windsor Framework.  Sinn Féin have taken a similar line to the SNP, believing that demand for a border poll had been bolstered post-Brexit, and that their own political goals of reunification would suffer as a result.",
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Entry Information