Monday 28 December 2020

Brexit Deal Timing

Maybe i'm just being cynical and it really was a fortuitous bit of timing that the announcement of the Brexit Deal Agreement on Christmas Eve leaves just one day for Parliament to debate the deal being agreeing or rejecting it.
With 2,000 pages to digest, the deal between the UK and the EU is not something which can be glanced at over a long lunch so the full impact may not be known until days after we have left once everyone has had a chance to read it properly but there are some headline things that we do know will definetly happen.
Extra checks at borders for freight and travellers will have an impact immediately so expect pictures of long tailbacks of lorries and peoples at Customs, the European Health Insurance Cards (EHIC) will be invalid once they expire so you will need additonal health insurance when booking a holiday, mobile roaming charges will be charged if you use your phone in the EU and the UK will no longer have access to key security databases and you will require a 'green card' to drive in the EU.
The UK government's official, independent economic advisers have set out some stark warnings on Brexit including economic growth, inflation and higher prices and a hit to GDP of between 4%-8% on top of the already spiralling costs of the Covid-19 pandemic.
I'm not sure if the 52% of Brits who voted for Brexit are still happy with their choice but they will argue that it is still better than no deal but the truth is the best deal we could possibly have is the one which we had and have now thrown recklessly away. 

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