Rachel Reeves says Brexit has driven inflation View Image

Brexit is partly to blame for high inflation in the UK, Rachel Reeves has said as she made the case for rebuilding ties with the EU. The Chancellor said the cost of trading with Brussels was among the reasons for rising prices in Britain.

During an appearance at Riyadh’s Future Investment Initiative summit on her visit to Saudi Arabia, Ms Reeves attributed the UK’s vote to cut ties with the EU to “a rejection of open borders”. But she said there was “public support” for the Labour Government’s move to reset relations with the bloc, including an agreement secured earlier this year aimed at cutting red tape for travellers and businesses.

“I think Brexit was a rejection of open borders, but if you look at the UK today, when we d

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