Andy Burnham is seeking to curb speculation about Britain rejoining the EU, with Downing Street saying no approach has been chosen.
Options include rejoining the EU, entering the single market or customs union, or negotiating harmonized deals.
Cabinet ministers remain divided, while financial services and artificial intelligence companies oppose adopting EU rules without expression in their design.
Burnham is unlikely to announce a strategy in December, when a decision could be delayed beyond 2027.
Source: Bloomberg