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3 min read Four-and-a-half years after a British referendum on membership in the European Union (EU), Brexit is finally reality after Britain left the single market at the stroke of midnight CET (2300 GMT) on New Year’s Eve. Never before had an EU member state filed for divorce. The separation took years of messy negotiations before finally, at the last moment, a breakthrough trade deal worth 660 billion pounds (900 billion dollars) was struck on Christmas Eve. Writing in the Telegraph newspaperon Friday, Prime Minister Boris Johnson described it as a “big win for both si...

Leaving the European Union’s trading arrangements offers the chance to “transform our country”, Boris Johnson claimed as UK businesses adjusted to the new bureaucracy. There was little sign of disruption at the border as freight travelled to France and Ireland on a quiet bank holiday after the new arrangements came in at 11pm on New Year’s Eve. The Prime Minister said leaving the single market and customs union meant the UK has “taken back control of our money, our laws and our waters”. Lower trade volumes on the New Year’s Day bank holiday meant there was little disruption from...

Channel Tunnel operator Getlink says there will not be congestion when new trading rules begin later.

Channel Tunnel operator Getlink says there will not be congestion when new trading rules begin later.

However, RHA boss Richard Burnett told City A.M. last month that there was a large shortfall of agents operating in the UK. “This is going to be a mess unless you can negotiate a transition period…if not this is going to be an incredibly bumpy ride and it’s going to have a major impact on trade,” he said. Lorry drivers will need a special permit to enter Kent from next year, which they can only get if they have filled in the correct paperwork to transport goods to the EU. There will also be lorry parks set up to conduct border checks where necessary.