McDonnell says the United Kingdom shouldn't pay for access to the Single Market

Full access for financial services to the single market "is not feasible", he told the BBC.

When asked on the BBC's Andrew Marr show whether France would have followed the UK's lead in voting to leave the EU Macron he said: 'Yeah, probably.

"It depends on the proposals made by the United Kingdom, but for sure full access for financial services to the single market is not feasible given the functioning of the single market".

A day-long UK-EU summit was held to underline the close relationship between the two countries after earlier news of a £45m British boost to border security in Calais.

French President Emmanuel Macron has suggested that Britain is likely to negotiate a unique relationship with the European Union before it leaves the bloc next year, while stressing that any agreement must be consistent with EU rules.

Emmanuel Macron appeared on the BBC's Andrew Marr show on Sunday to discuss Brexit and his relationship with USA president Donald Trump.

He insisted that full access to the free market requires budget contributions and acceptance of principles such as freedom of movement.

'As soon as you decide not to join these preconditions, it's not a full access, ' he told the BBC.

But there is not cherry-picking in the single market.

However, he warned that Britain would not be able to have full access to the single market without accepting the EU's rules.

During the interview, Macron said access to the European Union just for the UK's financial services sector was "not feasible" if the United Kingdom won't accept the conditions of the single market.

"What is important is to not make people believe that it is possible to [have your cat and eat it]".

Speaking before their meeting at the Royal Military Academy in Sandhurst he revealed France wants to use Brexit to lure lucrative businesses from the City of London across the Channel to Paris. "I mean, I do respect this vote, I do regret this vote, and I would love to welcome you again". "But for sure, if there is no change in terms of full access to the financial single market it doesn't make sense for the other".


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