Thursday 31 December 2020

Brexit: UK leaves the European Union single market



31 Dec 2020

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Subscribe to the Evening Standard on YouTube: https://www.youtube.com/channel/UC7RQ... The UK is free to pursue independent trade policies for the first time in more than four decades after the Brexit transition period with the European Union came to an end. Membership of the single market and customs union expired at 11pm – four and a half years after the in-out referendum which sought to settle the issue but sparked political turmoil. Prime Minister Boris Johnson said the EU had provided the UK with a “safe European home” during the 1970s, but the country has now “changed out of all recognition” with global perspectives. His Christmas Eve deal with Brussels, which comes into effect immediately, allows for the continuation of tariff-free trade with the EU single market – though businesses and individuals will have to follow new rules. Read more: https://www.standard.co.uk/news/uk/fi... Correction: At 0:10, the word January should say December
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