London

Lower taxes for European students in the UK: the stakes at the 20th summit with the EU

London appears willing to make significant concessions to Brussels in exchange for participation in ‘Made in Europe’, the programme aimed at protecting European industry from foreign competition

EUROPA - VIDEOCONFERENZA CON I LEADER DEI PAESI PARTNER IL PRIMO MINISTRO STARMER SI COLLEGA CON LA VIDEOCONFERENZA DA LONDRA IMAGOECONOMICA

2' min read

Translated by AI
Versione italiana

2' min read

Translated by AI
Versione italiana

Preparations are in full swing for the summit between the United Kingdom and the European Union on 20 November, and London appears willing to make significant concessions to Brussels in exchange for participation in ‘Made in Europe’, the programme aimed at protecting European industry from foreign competition.

According to various sources, the British Government is reportedly prepared to reduce university fees for European students attending British universities. The move, which responds to a long-standing request from the EU, would cost up to 450 million pounds a year. London would, in fact, have to compensate British universities, which are already facing financial difficulties and rely on the higher fees paid by international students.

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A step backwards?

This would therefore amount to reversing one of the punitive consequences of Brexit: until Britain’s exit from the EU, Italian students and those from other Member States wishing to study in the UK paid 9,000 pounds – the same tuition fees as British students. After Brexit, however, they were treated as ‘foreigners’ in every respect, and university fees have more than tripled, ranging from 27,000 to 60,000 pounds a year depending on the course.

Andy Burnham, the new Prime Minister, was the first head of government to openly criticise Brexit – saying it had done “more harm than good” – and to declare that he wanted a gradual rapprochement with the EU, which does not rule out a possible return as a member state.

“We are building an ambitious and close relationship with the EU that will strengthen our economy, protect our industry and create more opportunities for our young people,” said a government spokesperson, who did not confirm the rumours regarding the ongoing negotiations.

Guarantees for businesses

It is clear that, in exchange for concessions on students, London wants guarantees that British businesses will be included in the protective measures set out in the ‘Made in Europe’ programme, which covers many industrial sectors. Wes Streeting, the Defence Minister, has openly stated that London “fears EU protectionism”, which would seriously damage the competitiveness of ‘Made in Britain’ products.

The summit on 20 November therefore looks set to be a positive one, but Burnham – not least for domestic political reasons – will have to negotiate a difficult ‘quid pro quo’ with his European partners.

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