Brexit pangs
Brexit, once hailed as a grand natural experiment for economists to dissect the repercussions of leaving a low-friction trade environment, has proven messier than anticipated.
Brexit, once hailed as a grand natural experiment for economists to dissect the repercussions of leaving a low-friction trade environment, has proven messier than anticipated.
The light-touch checks under the grace period for supermarket products will expire at the end of September.
Rishi Sunak, the son-in-law of Infosys founder NR Narayana Murthy and the MP from Richmond, Yorkshire, since 2015, was virtually unknown even a year ago. “Just five out of 1,191 named Rishi Sunak” in a poll conducted in December 2019 by Tim Bale, a professor of politics at the Queen Mary University.
Half a decade of the British cohabitating with their Continental cousins has now ended, launching the UK on a path of its own making, free from EU laws, able to strike trade agreements with other countries around the world, and reshape its economy, society and governance structures.
The UK was adamant throughout the negotiations that it be treated as a sovereign equal of the EU and have its independence respected. This was particularly important when it came to fishing rights – one of the last issues to be resolved.
The UKTPO is a partnership between the University of Sussex and the Royal Institute of International Affairs, commonly known as Chatham House.
For now, the Prime Minister has been given a breather, stretching through Christmas and the New Year.
Almost 200 MPs abstained in the key vote, many of them Labour MPs who fear that their party faces a possible election rout and who favoured holding a second EU referendum before going to the polls.
The UK was due to leave the EU on Thursday, but Prime Minister Boris Johnson was required to request an extension from the bloc after Parliament, in a historic session on October 19, voted against his Brexit deal.
Johnson is opposed to delaying Britain's exit from the European Union a third time.
