Robert Paston

Let's let's for argument's sake.

Pick just a name out of the air.

Let's say possibly Andy Burnham.

Right.

So you've got this situation where, you know, an election is is coming.

The economics, as you say, of rejoining for this government are actually pretty straightforward, because broadly, if they announced an intention to rejoin and.

the markets believed it might happen.

I mean, truthfully, you would, I think, get a bit of a surge into people buying sterling assets.

I think the pound would rise.

I think interest rates would fall.

You know, money might well flow into private investment as well.

People would have to believe it was sustainable.

And the reason it might be sustainable is because right now, Labour's share of the vote is utterly fragmenting.

You know, the Greens are getting a chunk of

You know, obviously, Lib Dems, actually, the Lib Dem share rose before the last election.

It hasn't rose massively since then.

But the left, the centre-left vote has massively fragmented, which is one of the reasons why you talk about the potential for reform to win the next election.

When I talk to those at the top of the Labour Party, they can think of no other way to reunite the left than to make the next election effectively the equivalent of a referendum to go back in.

I mean, the argument would be we don't have to have another referendum, but Labour would run on the promise that if the British people voted...

to rejoin, that is what they would then negotiate.