Overview

• The UK-EU reset deal extends EU fishing access to British waters until 2038 and aligns UK standards with EU laws under possible European Court of Justice oversight.
• A new youth mobility scheme in the agreement has raised concerns about a return to near-free movement for EU nationals to the UK.
• The deal is estimated to cost £16 billion annually, drawing criticism from opponents who view it as a reversal of Brexit promises.
• Business groups have expressed strong approval for the agreement, with a YouGov poll showing 66% of voters now support closer EU ties.
• US officials have warned that alignment with EU standards could jeopardize the recently signed UK-US trade deal and lead to higher tariffs.