Single market

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Last quote about Single market

Alan Dashwood
It is a very difficult issue. At first sight it looks like there are only two possible solutions; for the UK to have an arrangement that is tantamount to remaining in the single market and the customs union. The other is technological, and the Irish authorities are far from convinced it is going to be possible.feedback
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Oct 25 2017
Multiple people spoke about Single market in the news. We gather all their quotes on this page, an easy way to see all views about this topic at a glance. To go deeper, all quotes are redirected to the article from which they come. Michel Barnier is the person who had the greatest number of quotes. The most recent one of them is: “The strategic interest of our continent is to partner with this very large country with a permanent seat on the United Nations security council. But this is not a reason to undermine the single market.”.
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All quotes about Single market

Philip Hammond

Maintaining a smooth operation of the UK single market is critically important. But not all of the powers that come back from Brussels will need to be retained at UK level in order to maintain that single market. There definitely will be a flow of powers back to the devolved administrations. Scotland will end up with more powers than it has today as a result of leaving the European Union.feedback

John McDonnell

We believe we can have a relationship with the single market that we think will overcome a lot of the perceived disbenefits that were highlighted during the referendum campaign, and gain and maintain a lot of the existing benefits. Again, that's to be negotiated.feedback

Michel Barnier

If the UK is asking for a transition period, it is the UK asking for it, we are not asking for it ... Perhaps I can just remind you that these rules that go hand in hand with the single market are well known to the UK, as they helped us build these rules over the last decades.feedback

Christian Odendahl

Of course German industry wants to limit any economic damage – but not at a cost to the single market.feedback

Chuka Umunna

It is now even more vital that as we go forward we put clear red water between the Labour Party and the government on Brexit. For me and many others, that means committing to full and permanent membership of the single market and customs union. We will continue to make this argument.feedback

Zoe Williams

An open letter asking Corbyn to cleave to the single market lends a with-us-or-against-us emotional charge to what should be a purely practical issue. Thirty Labour MPs, together with trades unionists, MEPs and mayors, signed an open letter on the eve of party conference, asking – begging? – Jeremy Corbyn to make Labour the party of the single market and the customs union. There were ideas in there that should appeal to the Labour leader – workers’ rights rather than curbs on immigration, solidarity with the rest of Europe, public services that are protected by judiciously not setting the economy on fire. Yet it was an unintelligent manoeuvre, platitudinous on the surface, divisive in its unspoken binaries, for exactly the same reason Theresa May’s Florence speech was platitudinous and divisive.feedback

Theresa May

We can do SO much better than this. Let us be creative as well as practical in designing an ambitious partnership. We do not pretend you can have all the benefits of the single market without its obligations. The guarantee I am giving on your rights is real.feedback

Valdis Dombrovskis - European Commission

It would be much better to have a joint European approach to this issue, how to effectively tax the digitailsed economy, so that we don't have a patchwork of unilateral member state solutions, which undermine the integrity of the single market. It's important that the EU reaches a consensus on the way forward befoee we start exploring other avenues like enhanced cooperation.feedback

Laura Kuenssberg - BBC

UK willing to pay 20 billion euros during transition period but only if we have access to single market and some form of customs union.feedback

Carsten Nickel

She might indicate her willingness to accept off-the-shelve rather than tailor-made institutional solutions for continued single market and customs union membership during that period; and she could signal the U.K.'s willingness to keep paying into the EU's budget during such a transition.feedback

Jonathan Lis

For MPs concerned about the impact on the economy, article 127 on EEA exit is an opportunity: if parliament wishes to avoid hard Brexit, it could be key. As the government continues its mission to pull Britain out of the single market at apparently any cost, the last hope for remainers and soft Brexiters could lie in the least glamorous and most surprising of places: article 127 of the 1994 European Economic Area (EEA) agreement. This obscure legal clause could, indeed, be all that stands between Britain’s economy and a cliff edge.feedback

Pierre Moscovici - European Union

This is an issue on which we have to advance at 27 if we want to be effective. At all costs, we must avoid creating digital havens on one side where taxation is more attractive, and administrative nightmares on the other for European companies that want to grow in the single market.feedback

Boris Johnson

I don't think the sums should be too high, but it is obviously legitimate and right that we should pay our dues – we are a law-abiding country – during the period of membership. Where our lawyers say we are on the hook for stuff, then we are going to have to pay. But what I do not envisage is that we should pay into the EU just for access to the single market, or some such concept. It does not seem to be necessary. We do not get money for access to our markets.feedback

Diane Dodds

We've made very clear to him today the issues which we need to see: we need to remain in the customs union, we need to have access to the single market, we need to see no return to hard borders and to see citizens have access to the European court of justice.feedback

Vince Cable - Stansted Airport

There are sensible grown-ups in the Conservative Party and the Labour Party and the Greens... We have got to put aside tribal differences and work alongside like-minded people to keep the Single Market and Customs Union, which is so essential for trade and jobs.feedback

Elżbieta Bieńkowska

You are the member of the European Union, you are part of the single market. You are not a member of the EU, you need to negotiate your position in the single market for the future, that's it for now.feedback

Mujtaba Rahman

His article made no mention of a transitional phase and rejected the Chancellor Philip Hammond's plan to pay for Single Market access. While Johnson's intervention will inevitably be seen as a leadership bid by his critics, it is probably more of a marker; a reminder to the prime minister that she will face a difficult conference and that she should not freeze him out of the Brexit process.feedback

Carwyn Jones

People want to see improvements in the health service, our GCSE results improving. They want to see the school building programme continuing, but Brexit sits there in the background. We can't be prosperous unless we have the fullest possible access to the single market. That's hugely important for us, 67% of our exports go there. Any obstacle and we lose jobs. It's that simple. We don't have to have the sort of Brexit that the Tories are proposing.feedback

Michel Barnier

The single market and its four freedoms are indivisible – cherry-picking is not an option.feedback

Florence Ranson

We are active proponents of the single market and the free circulation of goods in particular. Within this frame, it is normal practice that manufacturers source ingredients locally and adapt to local tastes. It must also be stressed that whatever the recipe, our food always meets European standards and remains the safest in the world. The companies currently in the spotlight have rigorous quality management systems in place to ensure consistent quality across their brands all over the world.feedback

Ilfryn Carstairs

It's difficult to talk about Asia as a single market. I think you have to break down to the different pieces and be able to say, well, here in India there's a systemic [non-performing loans] problem. Will that start to transact?feedback

Fabian Zuleeg

European leaders will do what they can to keep as close ties as possible with the UK, but that does not mean sacrificing the principle on which the single market is based ... it would threaten the whole fabric of the European Union if a member state leaving could get a better deal than those within it.feedback

Jeremy Corbyn

There has to be a trade relationship with Europe. Whether that is formally within the single market or that is an agreement to trade within the single market I think is open for discussion and negotiation. We want a relationship which allows us to trade within the single market. Whether that's formal membership - which is only possible I believe if you're actually a member of the EU - or whether it's an agreed trading relationship is open for discussion.feedback

Frances O'Grady

We are not starry-eyed about the single market, and we reject the liberalisation [of the labour market], a charge often led by the UK government. Companies "shouldn't be able to advertise abroad for jobs that are not advertised at home. The clock is ticking towards what I can only call a kamikaze Brexit. Workers' rights we won from the EU must be protected. We don't want a race to the bottom. That we can all have all the same benefits of the single market without playing by the rules. This isn't a grown-up negotiating position. It's a letter to Santa.feedback

Jeremy Browne

It was stated again that the voice of businesses in the EU will not sway the political decision makers. The big German corporates, for example, will not issue tough warnings to their politicians. It is, I think, underestimated in Britain how deeply corporate Europe buys into the EU orthodoxy. They are not boat-rockers by nature, but they also attach great importance to protecting the integrity of the single market, and going further still, to deepening Eurozone integration.feedback

Michel Barnier

What I see in the UK's paper on Ireland and Northern Ireland worries me. The UK wants the EU to suspend the application of its laws, its customs union and its single market at what will be a new external border for the EU, and the UK wants to use Ireland as a kind of test case for the future EU-UK customs relations. This will not happen.feedback

Stephen Gethins

The public are not idiots, they know that both parties are completely and fundamentally divided on many of these issues, with extreme positions on both sides represented in the cabinet and shadow cabinet, let alone the back benches. Let us therefore resolve this matter. Let us make sure this bill does not make it impossible to stay in the single market and customs union and let us have a grown-up debate on the whole practical problem we face, and produce a much better act of parliament than the bill represents at the moment.feedback

Michel Barnier

So, there is something pedagogical in our approach. I said: #Brexit = occasion to explain single market benefits in all countries, including my own. We do not want to 'educate' or 'teach lessons.feedback

Michel Barnier

This will not happen. My option is to work towards an agreement but that will not involve diluting the single market. We need to avoid a return to the hard border, while respecting Ireland's place in the single market.feedback

Michel Barnier

This will not happen. Creativity and flexibility cannot be at the expense of the integrity of the single market and the customs union. This would not be fair for Ireland and would not be fair for the EU. What I see in the UK's paper in Ireland and Northern Ireland worries me. Irish citizens residing in Northern Ireland must continue to enjoy their rights as EU citizens. It is a birthright of all the people of Northern Irekland to identify themselves as Irish or British or both.feedback

Michel Barnier

The UK's real aim seemed to be to use past debts as a means of buying future access to parts of the single market, something which the union could not accept.feedback

Ben Bradshaw

Just today, businesses in sectors ranging from farming to hospitality have reacted with fury to the Government's leaked plans to damage our economy by carrying out a draconian crackdown on immigration from the EU. And UK businesses have been clear that they value our trade links with the European Union, and that leaving the single Market and customs union will risk damaging our economy. It's pathetic that the Government are reduced to begging companies to sign this letter, when they know there are precious few businesses that support their plan for a hard and destructive Brexit.feedback

Michel Barnier

There are extremely serious consequences of leaving the single market and it hasn't been explained to the British people. We intend to teach people… what leaving the single market means.feedback

Keir Starmer

We haven't swept that off the table – a customs union with the EU and a changed relationship with the single market – because if you want to retain the benefits you have got to be open to that discussion. We could attempt to have an arrangement which delivered the benefits of the customs union that we now have through a customs union and that is something which we think should be a viable end goal.feedback

Caroline Flint

I'm not going to be involved in wrecking for wrecking's sake. There are some on the remain side who seem to think we can have our cake and eat it, be full members of the single market and the customs union and, in some respects, they are taking from what Keir Starmer said that it will allow us to reverse the decision. I totally disagree with that, I disagree it can be a permanent position, because we are leaving the European Union. The transition is a transition. [Starmer] recognises we can't be full members and change freedom of movement, we have to change freedom of movement.feedback

Tom Watson

Yes, you have seen Keir Starmer's statement, we think that being part of the Customs Union and the Single Market is important in those transitional times because that is the way you protect jobs and the economy, and it might be a permanent outcome of the negotiations, but we have got to see how those negotiations go.feedback

Michel Barnier

The UK wants to take back control, wants to adopt its own standards and regulations, but it also wants to have these standards recognised automatically in the EU. This is simply impossible. You cannot be outside the single market and shape its legal order.feedback

Guy Verhofstadt

Some people think or dream they could have all the advantages of the European Union, free trade single market, customs union, without any liability, without any inconvenience, no migration no payments, no oversight by the European Court of Justice and full authority on trade.feedback

Stuart Gulliver - HSBC

We employ 43,000 people in the UK. When they leave the single market, which obviously the Prime Minister has indicated that we will, we will employ 42,000 people in the UK and a thousand jobs will be unlawful to carry out from the U.K. once we've left the single market.feedback

Seb Dance

The idea that we are better off out of the EU is a Tory fantasy. Jeremy Corbyn must defend access to the single market and customs union permanently• Seb Dance is a Labour MEP for London. Labour’s commitment to retaining Britain’s membership of the single market and the customs union during any post-Brexit transition is a brave and welcome move. It is overwhelmingly in our national economic interest. That Jeremy Corbyn has been criticised for it by Nigel Farage – a man who has never genuinely stood up for Britain’s best interests – should be worn as a badge of pride by all in the Labour movement, and convince any waverers that we’re on the right path.feedback

Nigel Farage

Corbyn promised he would leave the single market. He has now betrayed every Labour voter at the General Election.feedback

Suzanne Moore

‘Taking back control’ now resembles some sweaty negotiators, not waving but drowning in a sea of legalese. It goes without saying that I am an expert on the ECJ, EEA, Efta and in particular the Moldovan agreement that allows Liechtenstein to share the single market. It goes without saying mainly because it is untrue. My knowledge is probably on a par with David Davis’s, to be honest, which is worrying to say the least. Many people will not understand the minutiae of trade, tariffs and jurisdiction, nor indeed have the time or inclination to find out. Maybe they should not be allowed a vote? Or do an exam? “Taking back control” now resembles some sweaty negotiators not waving but drowning in a sea of legalese.feedback

Paul Jenkins

If the UK is to be part of something close enough to a customs union or the single market to remove the need for hard borders, it will only work if the rules are identical to the EU's own internal rules. Not only must they be the same but there must be consistent policing of those rules. If Theresa May's red line means we cannot be tied to the ECJ, the Brexit treaty will need to provide a parallel policing system.feedback

Tim Farron

A renowned scientist such as Stephen Hawking questioning your evidence might normally be cause to think again, but sadly it looks as though Jeremy Hunt has joined the chorus of those who have had enough of experts. It's easy to accept evidence when it supports your ideological view of how a service should be provided, but we see this government ignoring the evidence time and time again when it suits them, be it on the NHS, our school system or leaving the single market.feedback

Adrian Merrick

Each product is unique and tailored to a market segment, not a generic single market offer.feedback

Claire Hanna

Northern Ireland's unique circumstances must be understood. The best way to protect our economy and insulate people from the worst aspects of this disastrous decision is to maintain access to the single market and customs union. Ireland cannot be a casualty of the myopic anti-Europe agenda in Britain.feedback

Tom Brake

Even if they were agreed to by the EU, these proposals will only delay the economic pain caused by leaving the customs union. We still face the prospect of more red tape for businesses, longer queues at our borders, and higher prices for consumers once the transition comes to an end. The only way to ensure 'free and frictionless' trade with the EU is to remain a full member of the Customs Union and Single Market. It doesn't matter how it's dressed up or how long it's postponed, the government's extreme Brexit will end up leaving Britain poorer.feedback

Michel Barnier

I have heard some people in the U.K. argue that one can leave the single market and build a customs union to achieve frictionless trade. That is not possible. The decision to leave the EU has consequences.feedback

Tom Brake

Brexit is the battle of our lives and it is vital we make the Conservatives see the strength of feeling against their disastrous extreme Brexit, which threatens to crash the economy and damage the life chances of millions. They are heading for the very most reckless of Brexits in the teeth of public opposition to leaving the single market. Liberal Democrats didn't take the decision lightly to protest at another party's conference but we can't ignore the harm Theresa May's Brexit will do to future generations.feedback

Mike Hawes

There was a lot of language bandied around, and in the prime minister's speech to the party conference [in October] she said we want business to 'trade with and [operate] within the single market' – how you are going to square that circle I don't know.feedback

William Hague

He has evidently been trying persuade his Cabinet colleagues that we should be seeking to stay in the EU single market and customs union during a transition and 'implementation' phased last to 2022, followed by a free trade deal with our former partners after that. This is seen by longstanding advocates of leaving as a 'soft' position or a climbdown. But in reality it is a plan to rescue Brexit from an approaching disaster.feedback

Karan Bilimoria

If the public knew that other countries use an EU directive to repatriate thousands of individuals, they would realise the Brexit emperor has no clothes• Karan Bilimoria is a crossbench peer. Concern over immigration was one of the most important factors for those who voted for Brexit, yet we already have the power to take back control of the free movement of EU citizens to the UK – we just aren’t using it. Both major political parties’ front benches, and even cabinet members, are divided when it comes to whether Britain should remain in the single market, which entails allowing free movement of people within the EU. But the reality of immigration in Britain today is a far cry from the public’s perception.feedback

Mike Hawes

Our car maintenance sector is one of Europe's most competitive, and motorists enjoy a great choice over where they have their cars serviced. However, if we don't secure a new trading relationship with the EU that is free of tariffs and customs checks, British consumers could face significant increases to their annual car repair bill due to new tariffs and other trade barriers. Government must now prioritise an interim arrangement that maintains single market and customs union membership until the right trade deal with the EU is implemented.feedback

Charles Grant

If we want a transitional deal including the single market and customs union, which is what business wants, it will need to be off the shelf. That means it is something similar to the Norway option with four conditions that will have to be accepted: free movement, paying into the budget, following EU rules including new ones, and accepting ECJ rulings.feedback

Neil Kinnock

The only way to mitigate the dreadful instability that will be costly for communities and industry is to try to ensure that, at least for a transitional period, we retain participation in the single market or the customs union, or both. And what you are starting to hear now in the last couple of weeks is people in various areas – including business, manufacturing, finance, universities, science, research, as well as in politics – saying 'we have got to consider a transitional arrangement that is fairly extended', and secondly, calls for an 'off-the-shelf' arrangement like the EEA.feedback

Neil Kinnock

I think that, as time and reality unfolds, the stated Labour ambition to protect jobs and investment and to participate in the single market will bring us to the position where we are trying to persuade the government to negotiate on that rational basis. So we will have to let time take its course in some ways.feedback

Charles Falconer

I would strongly favour a transitional period in which we stayed inside both the single market and the customs union. In that period you would need to adapt the European court of justice's position, to represent the fact that the UK was outside the EU.feedback

Mike Hawes

But Brexit uncertainty is not helping investment and growth is stalling. The Government has been in 'listening' mode, but now it must put on the table the concrete plans that will assure the future competitiveness of the sector. Investors need certainty, so at the very least the UK must seek an interim deal that maintains single market and customs union membership until we have in place the complex new agreement sought with the EU.feedback

Heidi Alexander

Labour should not sign up to come out of the customs union and single market – we know the effect on prosperity and jobs if we do• Heidi Alexander is Labour MP for Lewisham East. Thirteen months may have passed since the EU referendum, but I have never felt more concerned than I do today about my party’s position on the biggest issue facing our country.feedback

Carwyn Jones

We can't be a member because we'd have to be a member of the EU to do it. That doesn't mean we can't participate in the single market. We wouldn't control the rules but we'd have full and unfettered access.feedback

Ben Bradshaw

This row about chlorine chicken is a direct result of the government's decision to leave the single market. They are so desperate for new trade deals to make up for some of the losses that they seem ready to compromise on the safety of the food we eat. The government must not water down rules that protect consumers, and neither should they follow any policy that undermines our own farmers. If they want to boost our economy, they should do so by keeping Britain in the single market, rather than selling ourselves short in desperation for new trade deals.feedback

Chuka Umunna

At the very least, in the national interest, the UK should seek a long transition period as a member of the single market and customs union. The overwhelming majority of Labour members think we should be fighting to stay in the single market – let's do it. It's vital we oppose the Tory job-destroying Brexit the government has embarked on in the strongest terms – we should give no quarter to it.feedback

Chuka Umunna

There are members of the single market who are not members of the EU; Turkey is basically part of the customs union but not in the EU.feedback

Jeremy Corbyn

There would be European workers working in Britain and British workers working in Europe as there are the moment. What there wouldn't be is the wholesale importation of underpaid workers from central Europe in order to destroy conditions, particularly in the construction industry. The single market is dependent on membership of the EU. What we've said all along is that we want a tariff free trade access to the European market and a partnership with Europe in the future. The two things are inextricably linked.feedback

Liam Fox

If we are to have an implementation phase between leaving the European Union and our final settlement, I don't have a problem with that. But I do think we have to leave the EU first of all to keep faith with the voters who instructed us to do that. You cannot leave the European Union and be in the single market or the customs union. I wouldn't predict anything in the future, in politics you never know what's going to happen next. In terms of the Prime Minister, I think that the Prime Minister is likely to be there for the rest of this parliament.feedback

Liam Fox

What we are doing is to discuss at the WTO why Britain believes in free trade, why we reject the concepts of protectionism, why we think that we need to liberalise the services economy globally. We don't want to have no deal. It is much better that we have a deal than no deal. We can of course survive with no deal. And we have to go into a negotiation with those on the other side knowing that's what we think. That's the legal definition – if you are out of the European Union, you are not in the single market or the customs union.feedback

Chuka Umunna

It is clear that Labour people want to see clear red water between Theresa May's job-destroying Brexit and Labour's position. Here is clear evidence that keeping membership of the single market and the customs union on the table in these negotiations is the best way Labour can distinguish itself and provide the strongest possible opposition to the Tories on Brexit.feedback

Tim Bale

Members overwhelmingly wanted to stay in EU and now want to remain inside the single market and customs union, so there is likely to be some discomfort over any 'have our cake and eat it' policy from the leadership.feedback

Rebecca Long-Bailey

If we could negotiate membership of the single market whilst dealing with free movement and dealing with the other issues then that would be great, but I think that's probably unlikely and we'll have to be looking at a more flexible approach that maintains the benefits that we currently have in the single market whilst perhaps not being a member. Again, the position is very similar. We want to maintain the benefits that we currently have within the customs union – we want to have our cake and eat it, as do most parties in Westminster.feedback

Rebecca Long-Bailey

If we could negotiate an agreement on remaining within the single market that dealt with all of those issues then that would be fantastic. But whether that's likely remains to be seen.feedback

Tony Blair

If a right-wing populist punch in the form of Brexit was followed by a left-wing populist punch in the form of unreconstructed hard left economics, Britain would hit the canvas - flat on our back and be out for a long count. If Labour continues to be for leaving the single market, and the signs are that it will, then we are essentially for the same policy as the Government. This will become apparent to those who voted Remain. But more than that, it puts us in the same damaging position for the economy as the Tories.feedback

Philip Hammond

I'm glad that the business community is exercising a voice in this discussion. I think that is helpful. I do not believe it is either legally or politically possible to say in the customs union and in the single market.feedback

Markus Beyrer

We want a good deal for business, which means an orderly Brexit and an orderly transition to the future relationship, while fully protecting the integrity of the single market. A solution that ensures the UK will remain in the customs union and the single market for the duration of the transition period, with all appropriate rights and obligations, would help provide citizens and business with more certainty and predictability.feedback

Carolyn Fairbairn - Confederation of British Industry

Our proposal is for the UK to seek to stay in the Single Market and a Customs Union until a final deal is in force. This would create a bridge to the new trading arrangement that, for businesses, feels like the road they are on. Our proposal is for a limited transition period paving our way to a new future. This common-sense approach would bring continuity to firms in the UK and the EU and protect investment today.feedback

Erna Solberg

I think we have very good working relations on the basis of not being members of the European Union but it does have as a part, the four freedoms. To be a partner in the single market, we have accepted the four freedoms and so my feeling is that the teams in the British debate does not lead up to a Norwegian solution.feedback

Charles Grant

Many of the key policy-makers in Germany do not care what the business lobbies say. They care about the principles. One of their principles is that the single market is indivisible. Another is that the British must be seen to pay a price for Brexit, doing less well outside the EU than in it.feedback

Carolyn Fairbairn - Confederation of British Industry

Staying in the single market guarantees continuity for business operations. Staying in a customs union guarantees ease of trade, not just with the EU, but with the rest of the world as well.feedback

Carolyn Fairbairn - Confederation of British Industry

Even with the greatest possible goodwill on both sides, it's impossible to imagine the detail will be clear by the end of March 2019. This is a time to be realistic. Our proposal is for the UK to seek to stay in the single market and a customs union until a final deal is in force. The prospect of multiple cliff edges – in tariffs, red tape and regulation - is already casting a long shadow over business decisions.feedback

Gisela Stuart

The big business lobby would prefer to ignore the mandate from the referendum of taking back control of our laws, borders, money and trade, and instead attempt to keep the UK in the EU by the back door. Committing to stay in the EU's single market and customs union during a transition period would only serve to tie our hands in the negotiations, and make it more likely that the EU gives us a bad deal.feedback

Michel Barnier

You cannot leave the single market and then opt into those sectors you like most, say the automobile industry or financial services. You cannot be half in or half out of the single market. The EU is not only a big marketplace, it is also an economic and social community where we adopt common standards. All third countries must respect our autonomy to set rules and standards … I am not sure whether [these points] have been fully understood across the Channel.feedback

Polly Toynbee

As reality bites, Conservative Euro-fever continues to rage, with pros and antis both rampant. Labour must stand by but prepare to step in. The Brexit crunch is here. Ministers from DExEU, the new Brexit department, trying to bite the promised cake find their teeth breaking on the concrete hard choices. Theresa May’s red lines, her adamantine insistence on total immigration control with no European court of justice oversight, makes the department’s job impossible on single market and customs union access. So James Chapman, the Daily Mail journalist who was previously David Davis’s chief of staff, told Radio 4 on Saturday. There are no cakes, only rocks and hard places. Sticking to her red lines really does mean losing free access for our trade, and the 60% of our exports that go either to the EU or to 45 other countries with EU trade deals. It means lorries paying tariffs backed up around the M25 to Watford.feedback

Keir Starmer

If we are to get good access to the single market we will have to pay in. The public would certainly want to see the sum we currently pay in come down. I think everybody would negotiate from that basis. It is inevitable we will have to pay in something and any country negotiating, and that would include the UK, will want to keep that to a minimum but there is a balance to be struck between the level of access and the amount we might have to pay in.feedback

Jess Phillips

We are all at the front line of Brexit and a ‘no deal’ will hit the poorest areas hardest. Last week, I voted for Chuka Umunna’s amendment to the Queen’s Speech which sought to rule out withdrawal from the EU “without a deal”, and “set out proposals to remain within the customs union and single market”. It has hit the headlines not because of the merits or lack thereof, but instead because votes like mine are considered as a rebellion against Jeremy Corbyn.feedback

Emily Thornberry

Do we want to be in the single market or don't we want to be in the single market has become a sort of shibboleth; but it isn't really what it's about.feedback

Emily Thornberry

I don't really understand it: I think there's a little bit of virtue-signalling. Chuka and me really don't have a great deal of difference between us, and I think what's unfortunate about what happened yesterday was that at a time when we could be exposing the differences in the Tory party, it was felt appropriate to have a vote on the single market. The last thing we want is for there to be faux battles that are not necessary, really. It's silly when it might boil down to so little.feedback

Juri Ratas

President Juncker said that he expects the Estonian presidency to make substantial progress especially in digital themes. The free movement of data is a precondition for the Digital Single Market. To enable the free movement of data in Europe, trust and security need to be increased. To this end, we need to put our focus also on cybersecurity issues.feedback

Stephen Doughty

The key issue going forward is the extent to which Conservative MPs who have significant disquiet about the direction of Theresa May's hard Brexit are willing to put their money where their mouth is and stand up for membership of the single market and and the customs union, and other issues, in key legislation that comes forward in the coming months.feedback

Len McCluskey - Unite

The government must now play its part by pursuing a 'jobs first' Brexit and securing tariff-free access to the single market and customs union. A failure to do so, risks future investment and decent high quality manufacturing jobs.feedback

Tim Hoettges - Deutsche Telekom

The conditions of the U.S. market are clearly better. There are consistent policies for a single market of 330 million customers, while in Europe we can't get it done. The market is too regulated.feedback

Michael Gidney

Too often in the past, new trade deals have harmed not helped the poorest people. Leaving the EU's single market and customs area without putting in place measures similar to the ones which currently protect farmers in the poorest developing countries would punish millions of farmers.feedback

Frances O'Grady

If we leave the single market, working people will end up paying the price. It'd be bad for jobs, for work rights & for our living standards.feedback

Sadiq Khan

The prime minister sought a mandate from the British people for her version of hard Brexit - but the electorate registered their opposition. It's time she heeded the message. The Brexit goalposts have been moved. The government must now listen to the will of the people by putting aside ideology and negotiating a sensible Brexit that ensures continued membership of the single market.feedback

Mark Rutte

We all have that dream. I hate Brexit from every angle. My dream would be... we would come to a sort of intermediate end state for the coming years in which the United Kingdom would stay connected to the single market.feedback

Nicola Sturgeon

Brexit will change Scotland and the UK fundamentally - and an extreme Brexit, such as the one the UK government still seems intent on pursuing, will maximise the damage. But the immediate priority for action is to work with anyone and everyone - including the UK government, and other political parties - to ensure that the UK as a whole adopts the least damaging approach possible. The UK government placed a great deal of emphasis on restricting freedom of movement. That seems to be the key reason why it is not pursuing single market membership.feedback

Valdis Dombrovskis - European Commission

So if the intention of the UK is also to leave the single market then indeed UK financial institutions cannot have EU passports. Those things indeed come together, so then the question is basically if you can rely on equivalence in certain sectors or establish sufficient presence within the EU to maintain an EU passport.feedback

Mike Hawes

We accept that we are leaving the European Union and we share the desire for that departure to be a success. But our biggest fear is that, in two years' time, we fall off a cliff edge – no deal, outside the single market and customs union and trading on inferior WTO terms. This would undermine our competitiveness and our ability to attract the investment that is critical to future growth.feedback

Michel Barnier

The sovereign decision of the United Kingdom to leave the EU and, it was confirmed yesterday, to leave the single market, also to leave the customs union creates a lot of uncertainties and often a great uncertainty, For citizens and their rights and this is obviously the case for the issue of borders and, in particular, for Ireland.feedback

Peter Hain

Although I think that Keir Starmer is doing a brilliant job, there is a massive appetite in the country for protecting jobs and prosperity through retaining membership of the single market, [and] that is what we should prioritise. I'm confident we can get a deal to restrict EU migrants to just those who work.feedback

David Davis

Because the membership of the single market requires the four freedoms to be obeyed, we need to bring back to the UK control of our laws of our borders. We will leave the single market and be seeking to set up a free trade arrangement and a customs agreement. Similarly we will be leaving the Customs Union.feedback

Chris Scicluna - Daiwa Capital Markets

The UK Government's decision to prioritise controlling freedom of movement of people and rule out jurisdiction of the European Court of Justice and thus to forego single market and customs union membership represents a reckless act of economic self-harm.feedback

Guillaume Menuet - Citi

In the long-run, however, staying in the Single Market and the Customs Union without a say about their rules is not a sustainable solution even for Remainers.feedback

Philip Hammond

We're leaving the EU, and because we're leaving the EU we will be leaving the single market and, by the way, we'll be leaving the customs union. The question is not whether we're leaving the customs union. The question is what do we put in its place in order to deliver the objectives which the Prime Minister set out in the Lancaster House speech of having no hard land border in Ireland and enabling British goods to flow freely backwards and forwards across the border with the European Union.feedback

Anders Fogh Rasmussen - NATO

The prime minister's mandate for leaving the single market and the customs union can now be questioned. She has had to tear up most of her manifesto.feedback

Stuart Rose - Marks & Spencer Group

I believe [the election] this was a proxy re-referendum. I think it was the public's way to demonstrate that all was not all as they wanted. Is this an opportunity to have a rethink? I think [the single market and customs union] should still be on the table. Who is going to tell the man on the Clapham omnibus, and when will they tell him, that he is not going to be better off?feedback

Dominic Grieve

Access to a single market with our European neighbours for our goods and services is and will continue to be the most important foundation for our future prosperity.feedback

Theresa May

The United Kingdom does not seek membership of the single market: we understand and respect your position that the four freedoms of the single market are indivisible and there can be no 'cherry picking.feedback

Antonio Tajani

We have added yet another important building block to the edifice of our single market, to our existence as Europeans.feedback

Ian Blackford

Any referendum, if it does take place, would take place after the Brexit deal has been negotiated. What we now see is a situation where I think it's more likely we can achieve compromise on protecting the people of Scotland being dragged out of the single market against our will. So that's the immediate priority. The [Scottish]Government always made it clear that any possibility of a referendum would only take place if there were a change in circumstances. The first priority is to protect the interests of the people of Scotland.feedback

Terry Scuoler

The new government's priorities must radically re-focus Brexit negotiations around trade, and close co-operation, ensuring a smooth exit from the EU. There are numerous ways of establishing a new relationship with the EU and, given we've just wasted a year, the government needs to move away from its previous rhetoric and start repairing relations with EU partners. This means putting access to the single market and a form of customs union at the heart of a revised strategy, and removing the shibboleths created around a hard Brexit, which businesses know would be highly damaging for Britain.feedback

Keir Starmer

It's not that the government doesn't want membership of the single market, it's that they've been told that you can't have that with freedom of movement. It seems to me that would be a good place to start discussions, start negotiations, rather than simply taking it off the table.feedback

Margrethe Vestager - European Union

The Commission is investigating whether Nike, Sanrio and Universal Studios are restricting cross border and online sales of merchandising products. We are going to examine whether the licensing and distribution practices of these three companies may be denying consumers access to wider choice and better deals in the Single Market.feedback

Michael Gove

I think the right thing to do is honour the vote that the British public made just a year ago. We voted then to take back control of our borders and our laws and to take back control of our money and trade deals. Labour argued that we should leave the European Union and end free movement, in effect be outside the single market. Their position on this was very similar to the Conservative position according to their manifesto. Well the parliamentary arithmetic is such that we are going to have to work with everyone.feedback

Andrew Adonis

If the mainstream majority among Tory and Labour MPs assert themselves across the party divide, they can save us from the deep damage which a majority Theresa May government would have inflicted on the UK by forcing Britain out of the European single market and customs union.feedback

Martin Sorrell

Now it seems that we could have no deal because of the short time fuse and lack of decisive government decision making, or a soft Brexit, the latter with more movement and membership of the single market.feedback

Nicola Sturgeon

As a first step it is now imperative that the UK Government takes a short pause before beginning negotiations to work with others to put together a new position - one that is truly based on the interests of the whole of the UK. And at the heart of this position must be maintaining our place in the single market and in the customs union. That is where common ground lies. The SNP and the Scottish Government are ready to begin discussions around such a position immediately and I call on all parties to come together to build a new way forward.feedback

David Davis

The interpretation that we have put on it ... is that people voted for three things in essence, control of borders, control of laws, control of money. In order to deliver that you can't do that inside the single market, so what do you do, you try and have the best possible access from outside.feedback

David Davis

We've made pretty plain what we want to do. It's outside the single market but with access. It's outside the customs union but with agreement, it's taking back control of our laws and borders. Those things are fundamental and we didn't just pull them out of the air, we spent 10 months devising that strategy. She's fine. She's getting on with her job. For 10 months I have worked with this prime minister. She is a formidably good prime minister. She is good at making decisions.feedback

Barry Gardiner

What we've said is that we need those benefits, and whether they're achieved through reformed membership of the the single market and the customs union, or through a new., bespoke trading arrangement, is actually secondary to achieving the benefits. It's an open question as to what we can get. What we criticised [Theresa May] for doing is taking membership of the single market off the table right from the beginning.feedback

Iain Duncan Smith

Gove has been brought back because he is a keen Brexiteer and so people don't think we are abandoning the Brexit process. There is no watering down of Brexit. Even Labour has said we are not going to stay in the single market. It helps having Michael Gove in the Cabinet because he is very clear that we should take control of our borders, our laws and our money.feedback

Graham Reid

The areas in which the EU does have control are largely those to do with the single market, product standards and regulations.feedback

Jeremy Corbyn

Well, the single market is a requirement of EU membership and since we won't be EU members there will have to be an arrangement made. Absolutely. Where I frame it is, we want a tariff-free access to the European market, we also want to maintain a very important university and research collaboration in Europe, and there's a whole host of European agencies – Euratom, security, environment – in which we wish to be part of.feedback

Michael Fallon

The new Cabinet obviously will meet early next week. Our view of Brexit I don't think has changed. We want a partnership with Europe, we want an agreement that maximises our access to the single market, comes to an arrangement on immigration, continues the security cooperation we already have with Europe.feedback

Stephen Dorrell

At the beginning of the general election campaign, Theresa May said she was seeking a mandate to negotiate her sort of Brexit; the result denies her that mandate. The prime minister's version of Brexit was set out in the Conservative election manifesto; it said that sovereignty was a red line, and concluded that Britain must withdraw from both the single market and the customs union. In doing so, it threatened our economic interests, and funding for our public services.feedback

Sam Bowman

As long as all we're asking for is the same deal that other countries have, the EU would find it very difficult to say no, because that would be clear and egregious punishment for leaving. Passporting is important if we want the City to be a base for international financial institutions. It's for this reason that all the warnings we have heard from banks that they may need to leave the City are contingent on the UK leaving the single market – if we stay, little will change.feedback

John McDonnell

I think we can arrive at an accommodation [on single market access]. There is an awful lot of room for manoeuvre on that. I think Tories were let down by it. I am getting that on the doorstep, actually. How dare they treat us like that? That is about the nature of the discourse changing.feedback

Tim Farron

We need to remain in the single market or we will not be able to afford the NHS and social care. If Jeremy cared about having enough money to raise living standards, he would not have trooped through the lobbies with the Conservatives and Ukip to trigger article 50 and make Britain poorer.feedback

Sylvie Goulard

You have to understand there is no feeling of revenge, but we are absolutely convinced that we cannot put the single market in danger.feedback

Caroline Lucas

Let us make no mistake – she has no mandate for the kind of Brexit she is pursuing, out of the single market, out of the customs union, leaving environmental protections behind, ending free movement. That was not on the ballot paper. Yes, there was a vote to leave, but it's not clear what that leave looks like in practice. We are the one party that is proud to stand up for the wonderful gift that is free movement – it is an extraordinarily precious gift to be able to work and to travel and to live and to love in 27 other member states.feedback

Caroline Lucas

The Green Guarantee is about hope, and we need hope now like never before. I can't remember a time in my life where the future has felt more uncertain, with Brexit, with accelerated climate change, with an NHS in crisis. Let us make no mistake – she has no mandate for the kind of Brexit she is pursuing, out of the single market, out of the customs union, leaving environmental protections behind, ending free movement.feedback

Boris Johnson

We are at a critical phase in the history of this country. We have to get Brexit right. I am genuinely alarmed by the idea that it could be handled in just 11 days after the election by Jeremy Corbyn. I do not for the life of me understand how he is supposed to go and sit at that table in Brussels on day one of the talks when he hasn't got a clue whether he wants to stay in the single market or the customs union and he has a completely unintelligible position on immigration.feedback

David Davis

The top priority of European business is the integrity of the single market; the second priority is making good business with the UK. We will see if there is a conflict, but the message is: do not harm the single market by cherry-picking deals.feedback

Tim Farron

And she's already making choices that will affect those things, including the most profound choice she could make – taking Britain out of the Single Market. That decision alone is a time bomb under our economy. And when it blows up it is going to take our NHS and our schools down with it. It is going to wreck our children's future for decades to come. And it is a choice. Plain and simple. It wasn't inevitable.feedback

Tim Farron

There was nothing on the ballot paper last June that said we were choosing to pull out of the Single Market. There are other countries that are outside the EU but inside the Single Market – just look at Norway or Switzerland. There was nothing on the ballot paper that said that people and families from Europe who have made this country their home would be left in limbo, not knowing if they can stay in the country they raise their kids in.feedback

Stephen Gethins

Clearly, the 2013 advice was written long before Brexit and made clear that full EU membership was the best option for Scotland – that is still our position, and it is only fair that Scotland has a choice on its future once the terms of leaving the EU are clear. But with the prospect of a hard Brexit looming, the immediate priority should be our continued place in the single market, and the protection it affords in terms of jobs and investment.feedback

Nicola Sturgeon

What I am saying in this election is that we have an opportunity, by how we vote, to give those proposals democratic legitimacy. And, by voting for the SNP, to give me the ability to strengthen Scotland's hands in those [Brexit] negotiations, get a seat at the negotiating table and argue for Scotland's place in the single market. Because we as the Scottish government, the SNP, are not in charge of the Brexit process right now we don't know exactly what that is going to be like, how that is going to unfold.feedback

Konrad Szymanski

It is understandable that politicians, thinkers, are looking for solutions. But an EU division, a lasting division, is the worst of possible prescriptions, because the first victim of such division would be the single market. We may want to change it, but we do not want to abandon it.feedback

James Dyson

It is not a single market. There are different languages, boxes, plugs, marketing and so on, different psychology, different laws. There's a lot of cost involved.feedback

Margaret Yang - CMC Markets

Macron's election offers stability to Europe's single market, and strengthens the EU's position in the upcoming Brexit negotiations. With another area of political uncertainty clarified, investors will now focus on corporate earnings and the cyclical economic tail wind brought about by the broad recovery in global trading.feedback

Jeremy Browne

There are some banks here in London that will shift some of their activities that need to be in the single market out of London, when London is no longer in the single market, into a city that is in the single market. That is logical. But I would caution people against exaggerating this phenomenon – most of the activity of those banks I predict will stay here in London, because London is the big global financial centre on the continent of Europe.feedback

Michel Barnier

A new government following the elections which Theresa May called early ... will have a certain longevity and stability for five years, which is not the case for the current Government. These elections will not change anything as regards the position and determination of the European Union ... Without any aggresivity or naivety, we will defend the interests of the 27 member states of the European Union and the single market. That is my role.feedback

Michel Barnier

We learn to put one foot in front of the other, because the path can be steep, the path can be rocky and tiring and long, but we should always keep our eye on the summit. That's what I've learned hiking in the mountains. These elections change nothing. We will defend the interests of the 27 (remaining) member states and the single market. We are prepared for all options. But the option I am working on is getting an agreement. We have to settle the account, not more not less.feedback

Michel Barnier

These elections will not change anything as regarding the position and the determination of the European Union. Without any aggressiveness or naivety we will defend the interests of the 27 and the single market.feedback

Tim Farron

These reports have blown a massive hole in the Conservative party's arguments. It's clear this government has no clue and is taking the country towards a disastrous hard Brexit. Theresa May chose a divisive hard Brexit, with Labour's help, and now has no idea what to do next. This election offers us a chance to change the direction of our country, keep Britain in the single market and give the people the final say over what happens next.feedback

Stacey Snider

Protecting copyright is the hallmark of Chris' leadership at MPAA and he helped create a fully integrated, global online antipiracy operation. His leadership in promoting copyright in the EU Digital Single Market process and preventing harmful FCC regulation of set top boxes in the U.S. set the precedent for defending the rights of creators in the rapidly evolving digital ecosystem.feedback

Louis Grech

All delegations agreed with the overall thrust of the guidelines and expressed their full support. We made it very clear in the guidelines that the single market is indivisible and [there] will not be cherrypicking.feedback

Eilidh Whiteford

It's absolutely critically important the fishing industry is not sold out on the way out of the EU as it was on the way in. If we leave the single market as well as the EU, then we create some real challenges for those parts of the industry that export to EU countries and to other parts of the world via EU trade agreements.feedback

Sam Glover

The former prime minister’s idea of putting Brexit at the centre of the party’s election campaign is wrongheaded, insulting and dangerous. In an article for the Guardian, Tony Blair makes the case that the strategy of opposing “Brexit at any cost” would help rather than hinder Labour. He goes as far as to say that even in constituencies that voted heavily leave, Labour MPs should campaign to remain. The party is already in crisis among leave voters – polling in February suggested that only 45% of leave voters who voted Labour in 2015 still back the party. The equivalent figure with remain voters is 15 points higher. Blair’s article, masquerading as a coherent strategy for a Labour victory, is really a blueprint to keep us in the single market, party be damned.feedback

Owen Jones

The party will ensure that workers, consumers and the environment are protected. There will be no blank cheque for a reckless Tory Brexit. Labour will rip up Theresa May’s Brexit plan but respect the referendum result. The benefits of the single market and the customs union will be on the table. EU nationals will be protected from day one. Human beings won’t be bargaining chips. The great repeal bill will be scrapped; Labour will introduce a EU rights and protections bill instead. All workers’, consumers’ and environmental rights will be protected. Much of the country craves unity: Labour will offer it. A “Brexit that brings people together,” not a “reckless Tory Brexit”. MPs will get a final say. If they reject the deal, Labour will return to the negotiating table.feedback

Keir Starmer

We will work with trade unions, businesses and stakeholders to ensure there is a consensus on this vital issue. A Labour approach to Brexit will ensure there can be no rolling back of key rights and protections. A Labour Government will set out a new Brexit strategy. We will scrap the Government's Brexit White Paper and replace it with fresh negotiating priorities that reflect Labour values and our six tests. The White Paper will have a strong emphasis on retaining the benefits of the Single Market and the Customs Union as Labour know that is vital to protecting jobs and the economy.feedback

Angela Merkel

I also feel very encouraged by my visit to the United States that negotiations between the EU and the United States on a free trade agreement ... are also being looked at. We want to continue good relations with Britain, while maintaining the advantages of the single market for ourselves.feedback

Chuka Umunna

The Brexit vote has already plunged the pound to its lowest value in 30 years, putting up prices in the shops. And leaving the single market and customs union will make prices higher still, as imported food, fuel and clothes face new barriers to trade.feedback

Tim Farron

The public will have a very clear choice. If it wants to keep Britain in the single market, and keep a Britain that is open, tolerant and united, this is its chance.feedback

Keith Brown

These findings ignore the fact that trade is two way. Our own analysis shows exports to Scotland from the rest of the UK support over half a million jobs in the UK. Analysis also shows Scotland is the rest of the UK's second largest export market, behind only the US, with exports worth over £50 billion. It is quite simply nonsense to suggest that the rest of the UK would cease trading with Scottish firms if we were inside the single market but outside the UK.feedback

Tina Fordham - Citibank

We expect that the PM's gamble is likely to buy her more time as well as room for manoeuvre in the Brexit negotiations as she will depend less on fringe groups in her own party. That may reduce the risk of a negotiation failure and thus 'chaotic Brexit', but also of the UK remaining in the single market in the long-term or even reversing the decision to leave the EU.feedback

Tim Farron

Brexit has an impact on everything, if you are worried there are not enough carers, about the state of the hospital, that your school is not properly funded or there are too few police officers, then leaving the single market is a reason why that is the case. People don't trust politicians at the best of times, nobody believes you can have a better NHS and social care without more money. We have to be really clear that there is a way of getting more money if we as a community make a choice to invest in it together.feedback

Jeremy Corbyn

Well, it's an opportunity for the people of this country to change the direction of this country, to decide they do not want a hard Brexit, they want to keep Britain in the single market, and indeed, it's an opportunity for us to have a decent strong opposition in this country, that we desperately need.feedback

Willie Rennie

It is a chance to change the direction of the whole of the UK. Our optimistic agenda is pro-UK, pro-EU and progressive. We stand with the majority opinion in this country. At this election we will stand proud for a United Kingdom within the European single market. We will avoid a disastrous hard Brexit and keep Britain united. Liberal Democrats are only party that can stop a Conservative majority across the UK.feedback

Sylvie Goulard

We need to move away from discussions where abstract, short term national interests prevail to a broader picture of the common interest, ensuring we all benefit from the single market.feedback

Nicola Sturgeon

Simply saying, Now is not the time' only takes you so far before you have to answer the question, well when is the time? I might put forward the timescale I think makes sense, and if she doesn't agree with that then we should discuss what the alternative might be. I'll set out in due course the steps I intend to take next. Scotland and England should always trade freely with each other. It's in our mutual benefit. But I want that as well as trade within the (EU) single market because that is so important to Scotland's interests.feedback

Elizabeth Carnahan

While we export a lot to the EU, we buy most of our components and raw materials from distributors within the UK (although most of these are imported from elsewhere). Leaving the single market would disrupt supply chains affecting many UK businesses, not just mine.feedback

Susan Kramer

It is the Prime Minister's choice to drive Britain out of the single market and that is driving jobs and wealth creation out of the UK. Estimates suggest leaving the single market could cost Britain up to £200bn over 15 years. When the P45s start to land and the NHS operations are cancelled, this will be the government's fault.feedback

Owen Jones

Not just content to lead us out of the EU, Theresa May is also bringing us closer to Saudi Arabia, despite the terror and suffering it inflicts. Does “Brexit mean Brexit”, or does “Brexit means Britain should cosy up even more to murderous human rights abusers?” Our government is already a serial cheerleader of gruesome regimes: now a grubby arms dealer at their service, too. But as Theresa May prostrates Britain before her head-chopping friends in Saudi Arabia, her strategy is clear. Abandoning the vast single market across the Channel doesn’t just mean reducing Britain to the status of lapdog to the woman-groping Muslim-bashing demagogue across the Atlantic. It means an ever-closer relationship to regimes which inflict suffering on people inside and outside their own borders.feedback

Michael Fallon

We have made it clear that we are leaving the European Union, we are leaving the single market, we are leaving the customs union, and we will no longer be a part of the ambit of the ECJ. But it is also clear that we have to avoid a cliff edge – we need to give businesses the certainty that they need that there won't suddenly be a difference the day after we leave and day before. We will do everything we can to avoid a cliff edge so there will be for some sectors inevitably implementation periods.feedback

Fabian Picardo

There is absolutely no chance that Gibraltar is going to be bartering its British sovereignty, in exchange for continued access to the European Single Market or any one of the other advantages we enjoy as members of the European Union.feedback

Sarah Hewin - Standard Chartered

We're starting to see some businesses already making contingency plans about opening up in a different EU country. I think that the deadline for many businesses is going to be by next March. If there's only one year to go between potentially losing access to the single market, then businesses will need to know one way or another and if there's still uncertainty at that point, say March 2018, then I think that contingency plans will be enacted.feedback

Sarah Hewin - Standard Chartered

The EU is the U.K.'s most important trading partner. If we can continue to get some access to the single market that's going to be very important for a lot of businesses that have invested in the U.K. with a view really to having access to the EU market. It's unlikely that we're going to get a trade deal done in two years' time.feedback

Susan Kramer

David Davis has already gone back on his assurances that British firms would continue to enjoy all the benefits of single market membership in his post-Brexit utopia. Now reality is starting to intervene, with JP Morgan reportedly looking to move 1,000 jobs out of London. This follows Lloyd's of London saying it will open an office in Brussels due to Brexit and become, at least in part, Lloyd's of Brussels.feedback

Nicola Sturgeon

Closer to home, the triggering of article 50 is also politically and constitutionally reckless. The full effects on Northern Ireland, which currently faces the possible reintroduction of direct rule, remain to be seen. Similarly, there has been no serious attempt to engage with compromise proposals that would keep Scotland - which voted decisively to remain in Europe - inside the single market.feedback

Fran Burwell - European Union

It's going to be tough for the British. I think that they're going to find that it's very difficult to achieve what they want and to not be part of the single market. she expects companies that are in the U.K. because they want easy access to the EU are going to rethink their location. She thinks they may move all or part of their operations to Germany or Ireland. It's a long way away before they have these trade deals that they are kind of pinning their future on.feedback

Anand Menon

Whatever happens, she is not going to have a great deal. It is still going to involve a lot of pain, given that we are outside the customs union and the single market.feedback

Mike Hawes

As a highly integrated sector that has maximised the benefits of the European single market, this is perhaps the most significant threat to the competitiveness of the UK automotive sector in a generation.feedback

Tim Farron

Quitting the single market while keeping immigration at current levels and smearing all criticism of rock-hard Brexit as treachery – that seems to be the plan. Theresa May’s tactic is clear: to accuse anyone who dares question her headlong, blindfold charge towards hard Brexit of being democracy deniers. This despite it looking increasingly likely that the result of her reckless, divisive Brexit will be to leave the single market and not reduce immigration – the very opposite of what Brexiteers pitched to the people.feedback

Michel Barnier

While the 27 member states will find it easier to adjust - as they will still benefit from the Single Market, the customs union and more than 60 trade deals with their international partners - we believe it is in the best interests of both sides to reach a deal on the UK's orderly withdrawal from the EU. We must protect the rights of the 4.5m citizens who have found themselves faced with an uncertain future in the place they call home.feedback

Terry Scuoler

Undermining the building blocks of this relationship [with the EU] – the single market and the customs union – without any other supportive structure in place would undoubtedly hurt our industry and condemn us to a painful and costly Brexit. The idea of being able to walk away empty-handed might be a negotiating tactic, but it would in reality deliver a risky and expensive blow. The rhetoric from the UK government needs to focus instead on achieving a deal that will work for the UK and the EU.feedback

Keir Starmer

All these tests are tests that at one stage or the other the government has said it is prepared to meet, and therefore it's impossible for them that they cannot be met, including the single market test – those are David Davis' words. They are tough tests, but we are talking about the future of the UK in the EU and the world.feedback

Tim Farron

Just weeks ago, Labour MPs voted against membership of the single market and to give Theresa May a blank cheque for a hard Brexit.feedback

Jean-Claude Juncker - European Commission

On the fourth, immigration, free movement is integral to the EU's single market, which the UK has always strongly supported, and is a right with clear limits. Furthermore, most immigration to the UK comes from outside the EU, where policy is made by the UK alone. It is also the UK that decides on the structural economic issues that have led to high demand from British employers for migrant labour. I told him: 'Do not invite others to leave, because if the EU collapses, you will have another war in the western Balkans.feedback

Mike Cherry

Small firms trade with countries based on ease, cost and value and any future trade deal must deliver on these key aspects both with the EU single market and non-EU markets. The top non-EU countries of choice for trade deals include the US and China. However, the reality is that the EU single market is still a crucial market for smaller firms and cannot be undervalued. Compared to larger companies, small businesses typically work to tighter margins with limited resources, meaning changes to the trading landscape will hit them disproportionately hard.feedback

Nicola Sturgeon

There is no queue to join the European Union and we have several voices over recent time saying that if Scotland wanted to be in the EU then there would be a very open warm reception for that. I don't think that is reasonable because by that point Scotland has been taken out of the EU, two years have elapsed, presumably there is divergence opening up between the rules of the European Union, the single market and where the UK is going. I think it gets much hard for Scotland to take a different course.feedback

Tony Blair

One of the tragedies of Brexit is we're now in a situation where where we think this enlargement of the EU, like the single market, was some sort of error. It was actually a bi-partisan policy of both governments that has done great benefit to this country. There are people who are elite on either side of this argument. If you go into an anti-globalisation mode you will do immense damage. I think it's a great thing for the Evening Standard, why not. He's a highly capable guy and it should make politics more interesting.feedback

Tony Blair

I didn't understand how complicated this is going to be. If they're going to try and deliver exactly the same benefits as we have now in the single market and customs union, this is an endeavour of unparalleled complexity. People start to think is this really going to be the thing that is going to be important. And then when you look at Scotland you see another strain on the constitution of the country as a result.feedback

Gordon Brown

That is the consequence of independence now. That is a more extreme and hard-line position to exit the British single market as well as the United Kingdom.feedback

Nicola Sturgeon

The UK is about to turn its back on membership of the world's biggest single market. Imagine what will happen if Scotland chooses to stay – we will become a magnet for talent and investment from all across the UK. So let me issue this open invitation today. Scotland isn't full up. If you are as appalled as we are at the path this Westminster government is taking, come and join us. Come here to live, work, invest or study. Come to Scotland – and be part of building a modern, progressive, outward-looking, compassionate country.feedback

Enda Kenny

Ireland is an important bridge between the US and the EU. Post Brexit, Ireland will be the only English-speaking country in the EU, at the heart of the Single Market with unfettered access for companies, and in the Eurozone.feedback

Len McCluskey - Unite

With discussions set to start on the replacement of models such as Vauxhall's Astra and decisions due on BMW 's electric Mini, it is vital that Government ministers calm nerves by stating they will secure tariff-free access to the European single market and customs union in Brexit negotiations. This must also be backed up with investment in the UK's supply chain and new technology to ensure the UK remains a world leader in car manufacturing.feedback

Jeremy Blackburn

These figures reveal that the UK construction industry is currently dependent on thousands of EU workers [around 176,500]. It is in all our interests that we make a success of Brexit, but a loss of access to the single market has the potential to slowly bring the UK's £500bn infrastructure pipeline to a standstill. That means that unless access to the single market is secured or alternative plans are put in place, we won't be able to create the infrastructure needed to enable our cities to compete on a global stage.feedback

Nicola Sturgeon

I am not turning my back on further discussions. If the UK leaves the EU without Scotland indicating beforehand – or at least within a short time after it – that we want a different relationship with Europe, we could face a lengthy period outside not just the EU but also the single market. That could make the task of negotiating a different future much more difficult.feedback

Donald Tusk - European Council

On Brexit all 27 [EU countries] agreed that there will be no negotiations of any kind until the UK formally notifies its intention to withdraw from the EU… Access to the single market means acceptance of all four freedoms. No single market à la carte.feedback

Eoghan Murphy

Other cities in Europe are being very aggressive in trying to win business. We have always said ... we would not be predatory ... that we are not interested in brass plating. We are hearing from various sources that companies are being offered certain incentives. That they are offering a back door to the single market, without the requirement to have capital to back up their entities in the European Union.feedback

Theresa May

There is much that binds us and I don't want to see anybody doing constitutional gameplaying with the future of the UK. The most important single market for Scotland is the single market of the United Kingdom.feedback

Ellie Mae O'Hagan

In my heart, I long for Wales to leave the UK. While the economics doesn’t add up, we urgently need to follow Scotland in discussing our future as a nation. Nicola Sturgeon’s announcement on Monday that she plans to hold a second referendum on Scottish independence was inevitable after Theresa May refused to discuss full Scottish access to the single market and threatened to restrict new powers for Scotland after Brexit. Downing Street, having decided the British people have had quite enough democracy for the time being, countered that “another referendum would be divisive and cause huge economic uncertainty at the worst possible time”.feedback

Fiona Hyslop

They've put us in this position – it's not where we want to be. I would be absolutely negligent in my duty as a government minister were I not to pursue the interests of the Scottish people. And the single market membership is absolutely crucial, for jobs, for services, for people. If we're meant to be treated with respect, with equal partnership, then we've seen very little respect, very little partnership. If it's a partnership of equals it doesn't feel like that from Scotland.feedback

Nicola Sturgeon

Brexit has made change inevitable… the choice I believe Scotland should have should be what kind of change we want. U.K. membership of the single market was ruled out with no prior consultation with the Scottish government, or indeed with other devolved administrations – leaving us facing not just Brexit, but a hard Brexit.feedback

Nicola Sturgeon

I can confirm today next week I will seek authority of scottish [sic] parl -legislate for an independence referendum. The future of the UK looks very different today than it did two years ago. Scots should be able to choose whether to follow the UK to a hard Brexit, or to become an independent country able to secure a real partnership of equals with the rest of the UK and our own relationship with Europe. Membership of the single market was ruled out with no prior consultation with the rest of the UK. We face a future outside the world's biggest single market.feedback

Nicola Sturgeon

If Scotland is to have a real choice - when the terms of Brexit are known but before it is too late to choose our own course - then that choice must be offered between the autumn of next year, 2018, and the spring of 2019. If the UK leaves the EU without Scotland indicating beforehand - or at least within a short time after it - that we want a different relationship with Europe, we could face a lengthy period not just outside the EU but also the single market. Yes I do. Absolutely, I believe that. LABOUR PARTY WON'T OPPOSE CALL FOR REFERENDUM IF SCOTTISH PARLIAMENT WANTS ONE.feedback

Mario Draghi - European Central Bank

The euro is being perceived as being the prerequisite of the single market. If there is no single market there is no European Union, and countries – no matter what their views are – have greatly benefitted from the single market.feedback

Ian Robertson - Rolls-Royce

Somewhere around the middle to the third quarter of this year we will decide where to build the electric mini and we have said all along that we would like to see the UK have tariff-free access to the single market. It is not the only consideration but it is a consideration.feedback

Angela Eagle

Moving from an America-owned inward investor to a French and German-owned inward investor might not be brilliant because there is always a chance they might want to consolidate within the EU. We have a big domestic market which nobody ought to sneeze at but the government are going to have to work very hard to convince car manufacturers that the help they will get with producing compensates for some of the costs and uncertainties of losing membership of the single market.feedback

Theresa May

We must avoid any unintended consequences for the coherence and integrity of a devolved United Kingdom as a result of our leaving the EU. Ours is not a marriage of convenience, or a fair-weather friendship, but a true and enduring union, tested in adversity and found to be true. The essential common standards which underpin the operation of a single market were provided at the European level.feedback

Carsten Brzeski - ING-DiBa

Stripping the EU to the basics of the Single Market could, according to the European Commission, mean that decision-making might be simpler to understand 'but the capacity to act collectively is limited'. Consequently, the EU could also become a network of bilateral agreements and deals, which might 'widen the gap between expectations and delivery at all levels.' If the EU would be stripped to the basics of the Single Market, the entire euro zone could also be at risk.feedback

Nicola Sturgeon

If the prime minister thinks she can come to Scotland and sermonise about where power should lie, in the manner of one of her Tory predecessors, she should remember this: her government has no mandate in Scotland, and no democratic basis to take us out of Europe and the single market against our will.feedback

Theresa May

We've been very clear we are not going to take powers from the Scottish parliament. What we do need to look at is are these powers which currently reside in Brussels, how should we deal with those? There will be some areas where we do need to ensure there is a UK framework to make sure that this very important single market of the United Kingdom, which matters so much to Scotland, is working properly. But what we are talking to all of the devolved administrations about is when we bring powers back from Brussels, what should stay at a UK level and what should be further devolved?feedback

Jacques Aschenbroich - Valeo

In Europe and in China we will go to electrification. We don't know yet at what speed. The U.S. is not a single market. If you take a look at California or the Eastern states of the U.S. they are very much focused on reducing CO2 emissions and have special regulations. So we might see two different markets. Some of them being very much orientated towards the antipollution or the reduction of pollution and maybe the rest being much more open to traditional engines.feedback

George Osborne

Let's make sure that we go on doing trade with our biggest export market, otherwise withdrawing from the single market will be the biggest act of protectionism in British history.feedback

Len McCluskey - Unite

It does seem as if Brexit is a factor in GM's thinking as its UK business relies heavily on its links throughout the EU supply chain. Without a shadow of doubt, UK car plants must be offered the same assurances as those given by the government to Nissan. But, as I stressed to the minister, we need the government to be clearly committed to securing access to the single market for the UK auto industry.feedback

Mario Draghi - European Central Bank

The last thing we need at this point in time is the relaxation of regulation. The idea of repeating the conditions that were in place before the crisis is something that is very worrisome. First and foremost: we are not currency manipulators. Second, our monetary policies reflect the diverse state of the (economic) cycle of the euro zone and the United States. The single market would not survive with continuous competitive devaluations. Our monetary policy strategy prescribes that we should not react to individual data points and short-lived increases in inflation.feedback

Mario Draghi - European Central Bank

It's too early to take a firm stance on the regulatory framework that should be established once the UK leaves the EU. What is important is that we don't step back on the single market. And to be part of the single market, you have to be subject to the European Court of Justice. We'll have to look carefully at that.feedback

Theresa May

This agreement should allow for the freest possible trade in goods and services between Britain and the EU's member states. It should give British companies the maximum possible freedom to trade with and operate within European markets and let European businesses do the same in Britain. But I want to be clear: what I am proposing cannot mean membership of the single market.feedback

Theresa May

We are glad this attempt ... has been dismissed. As the prime minister has said, we will not be a member of the single market and we will be seeking a broad new partnership with the EU including a bold and ambitious free trade agreement.feedback

Mateusz Morawiecki

I think that both sides [UK and EU] will come to an agreement on such a participation of Britain in the single market that it will not be of course full participation, but far reaching participation. For example like Switzerland.feedback

Mateusz Morawiecki

We are not moving in a binary system, but in a system where the dial is on a scale. We believe that ... while Britain will not be part of the single market, there will be no customs and we will try not to impose quotas on each other and in exchange Britain will participate in some way in the EU budget.feedback

Alexandra Jones

Securing the best possible EU trade deal will be critical for the prosperity of cities across Britain, and should be the Government's top priority as we prepare to leave the single market and potentially the customs union. While it's right to be ambitious about increasing exports to countries such as the U.S. and China, the outcome of EU trade negotiations will have a much bigger impact on places and people up and down the country.feedback

Mike Cherry

One in three FSB members trade overseas. Small business exports have been on the rise since the referendum with the lower value of the pound making UK goods and services more competitive. As the UK leaves the Single Market any new agreement must maintain the current ease of trade with the EU and not lead to additional administrative or financial burdens. For a truly global Britain, we need the Government to enhance specific support for small exporters to reach new customers and to negotiate ambitious UK-specific trade deals with large and emerging markets.feedback

David Davis

This will be the most straightforward Bill possible to give effect to the decision of the people and respect the Supreme Court's judgment. So there can be no going back. The point of no return was passed on June 23 last year. This timetable has already been supported by this house. I'm afraid it's very difficult to see how you can leave the European Union and still say inside the single market, with all the commitments that go with that.feedback

Erna Solberg

When things change in the European Union inside the single market framework, we are participating in that. … It's for Norwegian businesses.feedback

Kathrin Muehlbronner - Moody's

In our current baseline scenario we have indeed assumed that the UK should be able to secure an agreement that preserves many advantages of the UK's current Single Market access. We will see how likely such an agreement will be, once negotiations get under way with the EU in April.feedback

Peter Ng - Silicon Valley Bank

The key takeover was that any deal will need parliamentary approval which means it could get watered down, lessening the blow from a nasty divorce. May said that she will try to get the best deal possible for the UK but is prepared to walk away from the single market if she doesn't get what she wants.feedback

Nicola Sturgeon

The UK government cannot be allowed to take us out of the EU and the single market, regardless of the impact on our economy, jobs, living standards and our reputation as an open, tolerant country, without Scotland having the ability to choose between that and a different future. With [May's] comments today, the prime minister has only succeeded in making that choice more likely.feedback

Theresa May

I want Britain to be able to negotiate its own trade agreements but I also want tariff free trade with Europe and cross border trade there to be as frictionless as possible. But I want to be clear. What I am proposing cannot mean membership of the single market.feedback

Nicola Sturgeon

The UK government cannot be allowed to take us out of the EU and the single market, regardless of the impact on our economy, jobs, living standards and our reputation as an open, tolerant country, without Scotland having the ability to choose between that and a different future. With her comments today, the Prime Minister has only succeeded in making that choice more likely.feedback

Carolyn Fairbairn - Confederation of British Industry

Ruling out membership of the single market has reduced options for maintaining a barrier-free trading relationship between the UK and the EU. But businesses will welcome the greater clarity and the ambition to create a more prosperous, open and global Britain, with the freest possible trade between the UK and the EU.feedback

Neil Wilson - ETX Capital

Theresa May's greatest trick appears to have been to deliver what amounts to a fairly hard Brexit message without the markets going into a flat spin. Some judicious leaks in the last couple of days had primed investors for the UK to be leaving the single market. Many expected a tough sounding speech that would send the pound lower.feedback

Carlo Alberto de Casa

Banking stocks are also performing (well) after May's declarations relieved fears of an exodus of UK-based banks, said Yann Quelenn, market analyst at Swissquote Bank. Single market access is key and abandoning would spell the end for such institutions to provide services across the EU.feedback

Frank-Walter Steinmeier

It's in the interests of Germany and Europe to strengthen the cohesion of the European Union of 27 members and to protect the unity of the European Single Market.feedback

Jeremy Corbyn

Mrs May has said she will leave the single market and, at the same time, has said she wants to have access to it. I am not quite sure how that is going to go down in Europe... She seems to be wanting to have her cake and eat it.feedback

Philip Hammond

We will go forward understanding that we cannot be members of the single market, because of the political red lines around the 'four freedoms' that other European leaders have set, but expressing an ambitious agenda for a comprehensive free trade arrangement with the European Union.feedback

Carsten Nickel

Even with May providing slightly greater clarity – or rather publicly embracing the inevitable (losing access to the single market) – the question of a transition deal will likely remain unresolved for the foreseeable future.feedback

Theresa May

I want to be clear – what I am proposing cannot mean membership of the Single Market. It would, to all intents and purposes, mean not leaving the EU at all. We seek the greatest possible access to it through a new, bold and ambitious free trade agreement.feedback

Polly James - Berwin Leighton Paisner

We are therefore continuing to advise our financial institution clients to keep developing their contingency plans for securing post-Brexit access to the single market in financial services.feedback

Guy Verhofstadt

That said, it creates also an illusion, an illusion that you can go out of the single market, that you can go out of customs union and that you can cherry pick, that you can still have a number of advantages, and I think that will not happen. We shall never accept a situation in which it is better to be outside the EU, outside the single market, than to be a member of the EU.feedback

Mike Hawes

The recognition by the Prime Minister of the importance of single market arrangements for the automotive sector is critical. We need government to deliver a deal which includes participation in the customs union to help safeguard EU trade, trade that is tariff-free and avoids the non-tariff and regulatory barriers that would jeopardise investment, growth and consumer choice. Achieving this will not be easy and we must, at all costs, avoid a cliff-edge and reversion to WTO tariffs, which would threaten the viability of the industry.feedback

Tim Bale

I think ruling out membership of the single market ... is in some ways the clarity people are looking for. Yet were she to do that, it would be a massive blow to many sectors of the economy. But if that's really what she's going to do, and it's not simply a negotiating stance on her part, it might be better to do it sooner rather than later.feedback

Neil Wilson - ETX Capital

It's looking more and more like a 'hard' Brexit is in the offing and markets are responding. We now have to assume May will prioritize immigration controls and the price to pay will be to exit the single market. That could send the pound a lot lower still, perhaps towards $1.10 in the coming weeks.feedback

Dafydd Davies

Having access to the single market is key for (the banks), or indeed if they can't have access, then what the particular requirements of the passporting might be for them to be able to still do business across Europe. If it is a genuinely hard Brexit and then they have to look at relocation costs, that could be quite substantial for them. However at the moment, it's very much a wait-and-see situation.feedback

Sarah Hewin - Standard Chartered

The government has sent clear signals that the UK will leave the Single Market, a so-called 'hard Brexi.feedback

Hilary Benn

This is going to be a hugely complex task and the outcome will affect us all. The government needs to publish its Brexit plan by mid-February at the latest, including its position on membership of the single market and the customs union, so that it can be scrutinized by Parliament and the public.feedback

Jeremy Corbyn

Labour supports fair rules and reasonably managed migration as part of the post-Brexit relationship with the EU. The right to work here would be something that would be negotiated because that clearly cannot be put down yet until we know what the terms are of single market access. We cannot set ourselves up as being a sort of grossly unequal bargain basement economy on the shores of Europe.feedback

Mervyn King - Bank of England

I don't think it makes sense for us to pretend that we should remain in the single market, and I think there are real question marks about whether we should stay in the customs union.feedback

Alvin Tan

Sterling has been under pressure because of these issues with the potential Scottish referendum, after (Sturgeon) set out red lines on Brexit scenarios and talked about continued access to the single market.feedback

Nicola Sturgeon

We are determined to maintain Scotland's current position in the European single market.feedback

Sadiq Khan

Securing privileged access to the single market, maintaining passporting rights for financial services and ensuring London can continue to attract global talent are all recurring themes from my conversations with business – and I look forward to working with this panel as we aim to strike a deal that works for the capital.feedback

Michael Russell

In line with our commitments to explore all options to protect Scotland's interests, we will set out compromise proposals which, while not conferring the full benefits of EU membership, would mitigate the Brexit damage. At the heart of our plan is a framework to keep Scotland's place in the European Single Market.feedback

Peter Wilding

If we have the right to remain in the EEA whilst outside the EU, this prevents the EU using single market access as a 'bargaining chip', and would significantly enhance our negotiating hand.feedback

Jean-Claude Trichet - European Central Bank

What could be a fragmentation of the euro area, would be ... that the single market of financial services will be renationalized.feedback

Francois Villeroy de Galhau

If they want to keep full access to the European single market, they will have to apply all its rules. There can be no free riding and no cherry picking. If Britain were to chose a 'hard Brexit' this would in particular mean the end of the European passport for the City of London.feedback

Sarah Olney

We will defend the Britain we love. We will stand up for the open tolerant, united Britain we believe in. The people of Richmond Park and North Kingston have sent a shockwave through this Conservative Brexit government, and our message is clear: we do not want a hard Brexit. We do not want to be pulled out of the single market, and we will not let intolerance, division and fear win.feedback

David Davis

That may or may not include membership of the single market but it is achievable by a number of different methods.feedback

Neil Jones

These headlines suggesting Britain may be able to access the single market are generating substantial sterling demand from traders and investors looking to reduce their short positions and unwind hedges.feedback

Gareth Jones

The challenge now is to make a success of the new future. We want a strong UK economy and we want to see the UK's influence in the world enhanced. But this cannot be at the expense of jobs, growth or being an open, welcoming trading nation. You, our members, have told us what you want; membership of the single market, consistency in regulations, access to global talent and the ability to trade abroad free from barriers and red tape.feedback

Jonathan Lis

The single market wasn't on the ballot paper. To leave [the EEA] would be devastating for the economy, smash our free trading arrangement and put thousands of jobs at risk. Why should people not only throw the baby out of the bathwater, but the bath out of the window?feedback

Jonathan Lis

The single market was not on the ballot paper. We're leaving the EU, that's fine, but we don't need to leave the single market and the government should be embracing this intervention not disputing it.feedback

Richard North

She is very, very precise and there is no way that she is saying anything other than she's going after the single market within a negotiated settlement.feedback

Jeroen Dijsselbloem

If you choose to leave the EU, you basically choose to be outside the single market.feedback

Michael Russell

At the very least, membership of the single market must be paramount in our position.feedback

Frank-Walter Steinmeier

Dear Boris, you have to understand that our priority is keeping the EU-27 together. Our view is clear and we've said it before - we can't talk about easing the conditions for access to the single market on the one hand and allowing Britain to reject those elements it sees as unattractive on the other.feedback

Kallum Pickering - Joh. Berenberg, Gossler & Co.

May and her cabinet had pursued Brexit under the assumption that the prime minister had the authority to trigger 'Article 50' under royal prerogative. Without such power it is unlikely that the government would be in a position to fully pursue a hard Brexit – one where the U.K. placed strong restrictions on flows of migrants from the EU and did not keep a high level of access to the EU single market.feedback

Vince Cable - Stansted Airport

One of the key factors in keeping General Motors here was the confidence they had that we would stay within the European single market and the customs union.feedback

Julia Hildermeier

But we need to get away from this scattered picture to a much more integrated market. The EU's role is tremendously important because it's the EU that can create a European single market.feedback

Wolfgang Schäuble

We must tell Britain that they must choose, if they want to be a part of the (single) market then they must accept all the rules of the... market. If they do not want to accept them, then they cannot be members of the... market, I don't think we need to show too much flexibility.feedback

Donald Tusk - European Council

There will be no negotiations before Article 50 is triggered by the UK. However, the basic principles, namely the single market and the indivisibility of the four freedoms, will remain our firm stance.feedback

Mark Garnier

We know that the banking industry needs to have something that gives them access to the single market.feedback

Matthias Wissmann

As long as it's unclear whether Britain will have unhindered access to the European single market after a 'hard Brexit', we have to reckon that investors will hold back in the UK. It could be that production sites in the new EU countries would then be more attractive.feedback

Matthias Wissmann

The UK is an important market for the German car industry, but the cohesion of the EU27 and with it the single market is more important for this industry.feedback

Matthias Wissmann

If the UK doesn't want to suffer the same fate as Italy's car industry, it must be concerned to retain full access to the single market.feedback

Kit Juckes

Now that we've got ourselves pricing in a pretty hard-looking Brexit into market sentiment ... we're going to be sensitive to anything that challenges that view that we're putting control of immigration above protecting access to the Single Market, bank passporting etc. We needed a catalyst - we got one, but the catalyst doesn't look like a game changer.feedback

Robert Rooney - Morgan Stanley International

It really isn't terribly complicated. If we are outside the EU and we don't have what would be a stable and long-term commitment to access the single market then a lot of the things we do today in London, we'd have to do inside the EU 27.feedback

Vasileios Gkionakis - UniCredit Group

The severe pressure on sterling over the past few days has shown that investors are becoming concerned not only about the U.K.'s free access to the single market, but, more generally, about the country's vision on immigration, openness and business friendliness.feedback

Vasileios Gkionakis - UniCredit Group

It is now abundantly clear that access to the single market is not on (UK Prime Minister) Theresa May's list of top priorities and the market is realising that... there is more pressure for the pound in the weeks and months ahead.feedback

James Bardrick - Canary Wharf

If you don't have full access to the single market then there are things you just cannot do from London under EU rules, which would remain in the other EU 27 countries.feedback

Shilen Shah - Investec Wealth & Investment

For market participants the key soundbite was that regaining control over EU immigration into the UK would be the priority ahead of membership of the single market. Sterling has the potential to come under further pressure given the probable stalling of foreign direct investments.feedback

Simon Tilford

If the UK wants controls on labour movement from the EU it will have to concede membership of the EU's single market for services. I think that's obvious.feedback

Wolfgang Schäuble

We just looked at each other because we're used to respecting foreign ministers a lot. If we need to do more, we will gladly send her majesty's foreign minister a copy of the Lisbon Treaty. Then he can read that there is a certain link between the single market and the four core principles in Europe.feedback

Andrew Tyrie

These figures give us an initial idea of the effects of losing full access to the single market in financial services. The business put at risk could be significant.feedback