Kemi Badenoch and the Tories are taking a pragmatic approach, as the UK looks to establish its post-Brexit laws while resisting racing against an arbitrary deadline to the detriment of economic growth. Changes to the Retained EU Law Bill do not reflect an endorsement of old EU laws, but rather are designed to provide the government with time to decide how legislation will be managed without the risk of swathes of legislation disappearing in the meantime.
The Tories are tearing each other apart as Brexit hardliners challenge the intention of PM Sunak and Kemi Badenoch to scale down the planned mass scrapping of EU laws. Brexiteers are criticizing their own party’s lack of urgency and its leadership's ties to the establishment, while Labour leaders rightly point out how badly the Tories have botched their own plans and weakened Britain by putting internal party divisions above the interests of the country.
There is a 50% chance that the UK will apply to rejoin the EU in 2049, according to the Metaculus prediction community.