Many good answers in this thread (and some stupid ones) but there are a few critical issues that the current British government will not accept.
First, currency. GB does not want to give up control over the pound, and their previous agreement did not force them to adopt the Euro. There are several other EU countries that have not yet adopted the Euro, but all except Denmark are obligated to switch over once certain criteria are met. GB might be able to negotiate that privilege again, but the EU is in a stronger bargaining position now.
Second, immigration. For as much as their country is suffering from their own strict immigration policies, the conservative government is still making political hay out of xenophobia and bigotry. Reopening the borders would be a tacit admission that their rhetoric was bullshit.
Third, taxes. Joining the EU means contributing to the EU, and while their nation may save money overall due to improved trade relations, the conservative government has made the cost of admission another talking point.
Basically, the current government would have to renegotiate readmittance to the EU, and they would get a worse deal than they had before. Doing so would make it obvious that leaving was a mistake, and their government could only be consisered an objective failure. So they won’t do it, even if it is the best option available.
someguy3@lemmy.world 1 year ago
Why didn’t Denmark have to switch to the Euro? I can see how back in the 70s the UK had enough bargaining power to keep the Pound, but Denmark?
bstix@feddit.dk 1 year ago
It was in regards to the Maastricht Treaty in 1992, which was sort of the founding treaty of EU. In order to complete the transformation from European Communities to a European Union, all involved countries had to sign the treaty.
Some of the countries just couldn’t legally give off this amount of sovereignty without a domestic election. Denmark being one of them. So, even if it’s a small country, it had the same power as any other country to obstruct the founding of the entire union.
So when the election turned out a narrow “no”, it was a bit of wrench in the wheel. Denmark then negotiated having a few opt outs before they were able hold a new election which then gave a “yes”.
someguy3@lemmy.world 1 year ago
Well I’m looking at it from the other point of view, as in “you’re not allowed to join the EU unless you convert to the Euro”.
themeatbridge@lemmy.world 1 year ago
The EU didn’t exist at all back then. Today, the EU can make such a demand of a new joiner, say for instance the United Kingdom, because it’s the entire EU vs UK. In 1992, it was Voltron coming together, and they needed that left leg lion to keep him upright.
Treczoks@lemmy.world 1 year ago
Old members had a deal there, like the UK did. New members need to join the Euro as part of their joining the EU package.