The UK Leaves the EU: What You Need to Know

A New Era Begins

After months of negotiations, the UK and the European Union (EU) have finally parted ways. On January 1, 2021, the UK officially left the EU's regulatory orbit, marking the end of nearly half a century of membership in the bloc.

Brexit in the Time of COVID-19

Amidst the global COVID-19 pandemic, Brexit has largely slipped under the radar. However, significant changes are expected to take place from January 1st onwards.

The British overseas territory of Gibraltar is a key focus of post-Brexit negotiations. The UK and Spain are reportedly close to reaching an agreement that would ensure Gibraltar's continued access to the EU's single market.

Brexit Timeline and Key Developments

Here is a timeline of key events leading up to and following Brexit:

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• June 23, 2016: UK votes to leave the EU
• March 29, 2019: UK originally set to leave the EU
• January 31, 2020: UK withdraws from the EU
• January 1, 2021: UK leaves the EU's regulatory orbit

Implications of Brexit

The UK's departure from the EU has far-reaching implications for both the UK and the EU. These include:

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• Changes to trade and tariffs
• New border controls and customs regulations
• Differences in laws and regulations
• Impacts on immigration and citizenship

The full extent of these implications is still being determined, and it remains to be seen how Brexit will shape the UK's future in the years to come.