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.
China stands ready to work with the UK and the EU to move forward the work related to cooperation agreements in the transition period, he added.
The Prime Minister is said to have bluntly told the Chancellor of the Exchequer, Sajid Javid of Pakistan origin, that he wanted much closer control of Treasury decisions.
With this, there are now three MPs of Indian-origin in Prime Minister Boris Johnson's Cabinet.
The UK formally left the EU on January 31 and is now in a pre-agreed period of transition during which it is free to open up trade talks with countries around the world.
And, now, the real-life Harry of Sussex and Frogmore Cottage of Windsor, who has just moved to Canada with his wife, Meghan, has given the Royalty rare scope of redefining itself.
