Brexit deal offers businesses new freedoms and red tape

Posted On: 18th January 2021
Brexit deal offers businesses new freedoms and red tape

An hour before New Year’s Day, at 11pm on 31 December 2020, the UK completed its formal departure from the European Union (EU). It was an unceremonious conclusion to the four-and-a-half-year saga since the referendum. Nevertheless, a new era has now begun – with new freedoms and new bureaucracies. On Christmas Eve, the EU-UK Trade and Cooperation Agreement (TCA) was agreed. Together with 2019’s Withdrawal Agreement, these two treaties now govern the UK’s future trading relationship with its largest, and nearest, neighbour – worth around £670bn in 2019.

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Posted By: BTG Global Advisory

Posted On: 18th January 2021

BTG Global Advisory is one of the world’s largest specialist independent financial advisory alliances.