Reeves says Britain to align more with EU rules in bid for growth

Britain's Chancellor of the Exchequer Rachel Reeves leaves 11 Downing Street on the day she is to deliver the Mais Lecture, in London, Britain, March 17, 2026. REUTERS/Isabel Infantes

LONDON, March ⁠17 (Reuters) - Finance minister Rachel Reeves said on Tuesday that Britain wanted to align more closely with ⁠the EU on business regulations and would boost funding for quantum computing and artificial intelligence ‌in a bid to generate elusive economic growth.

Britain's Labour government has sought a reset with the EU and has become more forthright in its criticism of the cost of Brexit, while maintaining its red lines on not rejoining the bloc's single market or customs union.