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If the reports are true, this trade would be a smart bargain for the U.K. government. After all, every barrier the government lifts on food, carbon markets and youth mobility will strengthen the economy and make the country less isolated. It has already hurt the U.K. to pretend that closer cooperation with the EU is impossible; this signals an end to that illusion.
The U.K. government has its priorities in the completely wrong order. Instead of helping struggling British graduates with mounting tuition debt and loan repayments, Burnham has decided to subsidize the education of European students in exchange for vague industrial promises. British students deserve to come first, not to be treated as an afterthought.