Brexit latest news now

Here are the latest news updates on Brexit:

Latest Developments:

1. UK and EU agree on trade deal: The UK and EU have reached a tentative agreement on a trade deal, which will replace the current EU-UK trade agreement when the transition period ends on December 31. The deal includes a zero-tariff and zero-quota arrangement for goods, as well as a framework for services and investment.
2. Parliamentary approval: The UK Parliament is expected to vote on the trade deal in the coming weeks. The deal still needs to be ratified by the European Parliament, which is expected to vote on it in February.
3. Northern Ireland protocol: The UK and EU have also agreed on a protocol for Northern Ireland, which will ensure that the region remains part of the EU's single market for goods and will have a say in EU policies.
4. Fishing rights: The UK and EU have agreed on a deal for fishing rights, which will allow UK fishermen to access EU waters and EU fishermen to access UK waters.
5. Transition period: The transition period, which was originally set to end on December 31, has been extended until June 30, 2023, to give businesses and individuals more time to prepare for the new trade arrangements.

Key Quotes:

• "This deal is a significant step forward for the UK and the EU, and it will help to ensure a smooth transition for businesses and individuals." - UK Prime Minister Boris Johnson
• "This agreement is a good one for the EU and for the UK. It will help to ensure a stable and predictable relationship between our two countries." - EU Commission President Ursula von der Leyen

Reactions:

• Businesses: Many businesses have welcomed the deal, saying it will help to reduce uncertainty and provide a stable trading environment.
• Farmers: Farmers have expressed concerns about the deal, saying it will lead to increased competition and lower prices for their products.
• Politicians: Politicians from both the UK and EU have welcomed the deal, saying it is a significant step forward for the two countries.

What's Next:

• Parliamentary approval: The UK Parliament will vote on the trade deal in the coming weeks.
• European Parliament approval: The European Parliament will vote on the trade deal in February.
• Implementation: The trade deal will come into effect on January 1, 2022, unless the UK and EU agree to extend the transition period.