Britain moves toward EU return

Britain could be nearing a return to the European Union within a single parliamentary term if London and Brussels reach a political agreement, according to a report supported by a former EU official. The report suggests that the accession process could be faster than expected, given the convergence of values and the limited regulatory changes Britain has made since leaving, as well as its deep integration into the European market. Polls have shown that more than half of Britons now favor rejoining the EU, though the United Kingdom would need to submit an application under Article 49 of the EU Treaty, conduct negotiations, and obtain the approval of all member states, possibly addressing issues such as joining the Eurozone or Schengen.

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