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 chaos unfolded in the early hours of Tuesday morning, after a day of high drama in which Johnson lost his sixth parliamentary vote in as many days and Bercow announced his impending retirement as Speaker.
Last week, the House of Commons voted to stop Prime Minister Boris Johnson from taking Britain out of European Union without a deal.
Rudd was a moderate member of former prime minister Theresa May's government whose endorsement Johnson coveted during his successful UK leadership challenge.
The cross-party bill - which requires Johnson to extend the exit deadline until January unless Parliament agrees on a deal with the EU by October 19 - was passed on Friday.
The Prime Minister attempted to explain he had been negotiating, but the disgruntled man continued, saying "You're playing games".
