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Brexit: What you need to know about the UK leaving the EU

I thought the UK had already left the EU?

It has. The UK voted to leave the EU in 2016 and officially left the trading bloc - its nearest and biggest trading partner - on 31 January 2020.

However, both sides agreed to keep many things the same until 31 December 2020, to allow enough time to agree to the terms of a new trade deal.

It was a complex, sometimes bitter negotiation, but they finally agreed a deal on 24 December.

So what changes on 1 January?

The deal contains new rules for how the UK and EU will live, work and trade together.

While the UK was in the EU, companies could buy and sell goods across EU borders without paying taxes and there were no limits on the amount of things which could be traded.


Under the terms of the deal, that won't change on 1 January, but to be sure that neither side has an unfair advantage, both sides had to agree to some shared rules and standards on workers' rights, as well as many social and environmental regulations. You can read more detail on other aspects of the deal, including more on travel, fishing, and financial services, here.

 
 

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