U.K.'s May to Reboot Brexit Plan in Florence

The transcript discusses the EU's proposed three-year transition deal and the UK's delayed acceptance of the need for a transition to provide business certainty. It highlights the economic impact of Brexit, with the UK economy slowing down and the pound devaluing. The Labour Party's role in opposing the government is examined, with criticism from Vince Cable for not being assertive enough. The Labour Party's Brexit strategy, including proposed amendments to maintain single market membership, is outlined. Finally, the future of UK-EU relations is discussed, emphasizing the importance of trade and investment continuity.

What is the speaker's opinion on the Labour Party's position regarding single market membership?

What does the speaker believe would be wrong regarding the EEA style arrangement?