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I absolutely agree, that ship has sailed in more ways than one. First UK does not have the advantages they did in the early 70's. Second their disruptive behavior in EU and Brexit reduce the political goodwill from European countries that also existed in the 70's.
So absolutely there is no chance in hell they will get a "half price" membership again.
Still they might be able to negotiate a deal more like Norway and Switzerland.
Not really, because that would mean accepting regulatory alignment and freedom of movement, and paying their share.
Which the people of UK seem to soften up to, especially now because conditions internationally have gotten a lot worse than when UK voted for Brexit.
There is no way UK can trust USA as a partner now, as they may have hoped for.
Keir Starmer has also expressed opinions that are very close to what Mark Carney said in his brilliant speech at Davos.
Most of UK has realized the times are no longer suitable for standing alone as a so called middle power. Closer cooperation is necessary, and EU is their natural closest partner, both geographically and politically.
There is little doubt we will se closer cooperation in the near future between UK and EU on both defense and economy.
Edit: Typo