Most people in Britain and the EU will notice little change this year.
Citizens of all both Britain and the 27 EU countries can continue to travel, work and live anywhere across that territory for the rest of the year, and U.K. businesses effectively remain part of the EU’s single market for goods and services. Next comes the bit that maybe even trickier: forging a new relationship. That means a trade deal, but also agreements covering everything from security to telecoms policy. The two sides have agreed to strike an “ambitious, broad, deep and flexible partnership,” including a free trade deal, by Dec. 31.Britain and the EU will set out their initial positions within days, although in-depth negotiations are not due to begin until March.
The bloc insists there can be no trade deal unless Britain agrees to a “level playing field” and does not undercut EU regulations.
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