London Daily

Focus on the big picture.
Tuesday, Jun 09, 2026

PM pledges help for struggling firms after Brexit

Boris Johnson also says it will be easier for public bodies to "buy British" if the UK leaves the EU.

Boris Johnson has pledged to make it easier to help struggling UK companies after Brexit, if the Tories win the general election.

The PM said being free of EU rules on state aid would make it quicker to intervene, and bring in "buy British" guidelines for public bodies.

He added that an Australian-style immigration system would be in place in place by 1 January, 2021.

But Labour criticised the Tories' past record of supporting industry.

Shadow transport secretary Andy McDonald said the prime minister's promise on state aid rules "sticks in his throat".

He said the Conservatives had "sat on their hands and used state aid as an excuse" when refusing to intervene to save a steel works in his Teesside constituency in 2015.

Business lobby group the Institute of Directors said the PM's proposals "suggest a retreat away from free and open markets" and would have "clear implications" for the UK's ability to negotiate a post-Brexit trade deal with the EU.

Free market think tank the Institute of Economic Affairs said greater use of state aid to help firms in trouble would "translate to veiled support for cronyism".

Earlier on Friday, SNP leader Nicola Sturgeon said she was hoping for another hung parliament, with her party holding the balance of power.

Mr Johnson has guaranteed that if the Conservatives win a working majority, the UK will leave the EU by 31 January at the latest.


'Brexit roadmap'


Under the terms of the withdrawal agreement, free movement from the EU will continue for 11 months after Brexit during a transition period.

Mr Johnson said a new Australian-style immigration system would be in place when the current rules end on 31 December 2020.

Under this scheme, those applying to come to the UK would be awarded points based on professional and personal characteristics, similar to the existing system for non-EU nationals.

The PM wanted to set out not just the timescale for leaving the EU but what he saw as the benefits of Brexit for voters

While the Conservatives were once the party of free trade, Boris Johnson donned the cloak of protectionism by outlining a new post-brexit state aid regime.

And he said public bodies would be encouraged to adopt a "Buy British" policy to boost local economies. Critics say these measures would impede attempts to strike a trade deal with the EU.

Mr Johnson also declined to say that no-deal preparations would be stood down but expressed confidence a trade agreement would be struck by the end of next year.

With Gisela Stuart standing next to him, politically Boris Johnson wants to highlight differences with Jeremy Corbyn on Brexit,

"By lowering the number of unskilled immigrants, the system will remove a major force that puts a downward pressure on people's wages and reduce the overall level of immigration," Mr Johnson said.

As part of what he said was a "Brexit roadmap" designed to show voters the benefits of leaving the EU, he said a re-elected Conservative government would take "immediate steps" to introduce new rules to take effect after the transition period is due to finish at the end of 2020.

These would include a new state aid regime to help industries in trouble, scrapping VAT on sanitary products and promoting a "buy British" rule for public bodies to help farmers.

The Conservatives say current EU rules on state aid are bureaucratic and inflexible, citing the difficulties the UK had in getting emergency financial for Tata Steel's UK business in 2012.

The party said introducing a new UK state aid regime would allow decisions on whether and how to intervene to be taken within days, allowing a quicker response to economic downturns.


'Level-playing field'

The PM said his aim was not to bail out failing business but to ensure a "level playing field" for industry.

Despite saying he was confident that a free trade agreement would be in place by the end of 2020 when the transition period ends. Mr Johnson added that he saw "no reason to dismantle" preparations for leaving the EU without a deal.

He said the preparations - which included pledges of £2.1bn extra spending under Mr Johnson - were "thoroughly useful" in convincing the EU that the UK was "in earnest" about leaving.

"Many of those preparations will be extremely valuable as we come out of the EU arrangements anyway, so I think they are the right thing to have done and to keep in a state of readiness," he said.

Mr Johnson said only a Conservative victory would lift the country out of its "political morass" and "deliver the change that people voted for by getting Brexit done".

He also said:

He was not "running scared" from an interview with the BBC's Andrew Neil, which other party leaders have committed to
He wanted to "take the division out" of social care funding by finding a cross-party solution which would ensure no one has to sell their home to pay for care
His previous remarks that the monarchy was "beyond reproach", which followed Prince Andrew's BBC interview, referred to the Queen rather than the Royal Family as a whole
He said it was "inconceivable" the party would bring back fox hunting and it intended to improve animal welfare after Brexit, including banning "barbaric" shark's fin soup
Appearing alongside the PM, former Labour minister Gisela Stuart said she would be voting Conservative and urged other traditional Labour voters to do the same if they wanted to see Brexit delivered.

Ms Stuart, who stood down at the 2017 election, was the most senior Labour figure in the Vote Leave referendum campaign.

"In this election, I will not vote for Jeremy Corbyn but I can vote for Brexit," she said. "A vote for Boris Johnson this time around is a vote to get Brexit done, But let me be clear, voting for Brexit this time does not make me a Tory now or in the future."


What do other parties say about state aid and immigration?

The Labour manifesto does not directly mention state aid, but the party has pledged to bring mail, rail, water and energy back into state ownership, and part-nationalise BT.

Leader Jeremy Corbyn has previously suggested he thinks EU rules could restrict the government's ability to intervene to support industry.

Labour would keep free movement rules if the UK stays in the EU following its planned referendum, or otherwise "seek to protect" them if voters opt for its Brexit deal instead.

The Brexit Party has vowed to cap permanent immigration into the UK at 50,000 a year.

The Liberal Democrats want the UK to stay in the EU, meaning it would continue to follow existing rules on state aid and free movement.

Newsletter

Related Articles

0:00
0:00
Close
Nebius Opens Major Robotics and Physical AI Laboratory in London
Bank of England Data Shows Strong Rise in New Mortgage Approvals
Network Rail Completes Landmark Upgrade of Severn Tunnel Rail Infrastructure
East West Rail Passenger Services Between Oxford and Milton Keynes Set for December Launch
GlaxoSmithKline Reportedly Pursues £7 Billion Acquisition of US Cancer Drug Developer Nuvalent
Bank of England Signals Interest Rates Likely to Remain Unchanged Despite Energy Market Risks
NHS Trusts Launch Job-Cutting Programmes as Financial Pressures Intensify Across England
More Than 130 Labour MPs Urge Ban on Trade With Israeli Settlements
Keir Starmer Orders Technology Firms to Introduce Smartphone Nudity Controls for Under-18s
UK Unveils £400 Million National AI Supercomputer Fund and New Economics Institute
Japanese Technology Firm Fujitsu Launches Advanced Artificial Intelligence Tool for Corporate Disclosures
South Africa Officially Launches Nationwide Campaign for Highly Contested Local Government Elections
United Kingdom Commits Additional Funding for Unexploded Ordnance Clearance in Laos
Singapore Announces Stringent New Greenhouse Gas Regulations for Commercial Cooling Systems
Cambodia and Thailand Hold High-Level Border Security Talks at United Nations Headquarters
Myanmar Military Government and China Sign Major Agreement to Upgrade Media and Cultural Cooperation
Knife Attack at Swiss Train Station Leaves Three Injured in Suspected Act of Domestic Terrorism
Transnational Extortion Gang Threatens Canadian Police With Army of One Thousand Armed Operatives
Australia Imposes Forty-Two-Day Quarantine on Cruise Ship Passengers Following Deadly Hantavirus Outbreak
International Monetary Fund Unlocks Seven Hundred Million United States Dollars for Sri Lanka Following Economic Reforms
Australia Launches Record One Point Four Billion Dollar Lawsuit Against Chemical Giant 3M Over Contamination
China and Canada Foreign Ministers Meet in Ottawa in Effort to Stabilize Strained Diplomatic Ties
Indonesia Demands Urgent United Nations Security Council Reform Amid Escalating Global Conflicts
Extreme Weather Patterns Trigger Severe Drought in Madagascar and Destructive Flooding in East Africa
Indian State of Karnataka Faces Political Upheaval as Chief Minister Siddaramaiah Abruptly Resigns
Philippines and Japan Reaffirm Defense Ties as Crucial for Indo-Pacific Regional Stability
Norway Joins French Nuclear Deterrence Initiative in Major Shift for European Security Architecture
Global Critical Mineral Alliances Expand as Western Nations Move to Counter Chinese Supply Dominance
United States Imposes Fifty Percent Tariffs on Mexican Steel and Aluminum Ahead of Trade Pact Review
European Union and China Head Toward Major Trade Conflict Over Clean Technology Exports
United States Economic Growth Severely Downgraded to One Point Six Percent as Stagflation Fears Mount
World Health Organization Warns Central African Ebola Epidemic is Outpacing Containment Efforts
United States Treasury Department Conditions Sanctions Relief on Reopening of the Strait of Hormuz
Iranian Air Defenses Intercept and Destroy United States Military Drone Over Bushehr Province
Iranian Armed Forces Launch Ballistic Missiles Toward Unspecified Targets Prompting Regional Condemnation
United Nations Secretary-General Warns Global Order Facing Highest Level of Conflict Since 1945
Israel Issues Sweeping Evacuation Orders in Southern Lebanon Amid Intensified Hezbollah Conflict
Russia Announces Systemic Military Strikes Targeting Ukrainian Defense and Energy Infrastructure
United States and Iranian Negotiators Reach Draft Agreement to Extend Ceasefire and Resume Nuclear Talks
United Nations Security Council Deeply Divided Over United States Capture of Venezuelan President
US and Iran Exchange Direct Military Strikes Amid Fragile Gulf Ceasefire
World Health Organization Warns of Catastrophic Ebola Outbreak in DR Congo
Russia Threatens New Wave of Strikes on Ukrainian Infrastructure and Embassies
Scientists Warn Atlantic Ocean Currents Could Collapse Faster Than Projected
Anthropic Reaches $900 Billion Valuation in Historic AI Funding Round
Washington Imposes Crippling Sanctions on Iranian Maritime Authority
Japan and the Philippines Initiate Strategic Intelligence-Sharing Pact
Microsoft Deploys Autonomous Computer-Using AI Agents to Global Markets
Anthropic Secures $45 Billion Compute Infrastructure Agreement With SpaceX
U.S. Director of National Intelligence Resigns Amid Administration Shakeup
×