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UK completes split with EU; takes leap into unknown

Bloomberg
Bloomberg1/1/2021 09:49 AM GMT+08  • 3 min read
UK completes split with EU; takes leap into unknown
The end of the transition period at 11 p.m. in London on Thursday launched the UK on a new path on its own, free from EU laws.
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The UK completed its divorce from the European Union, leaving the bloc’s single market and customs regime more than four years after the country voted for Brexit.

The end of the transition period at 11 p.m. in London on Thursday launched the UK on a new path on its own, free from EU laws, able to strike trade agreements with other countries around the world, and to reshape its economy at home.

“This is an amazing moment for this country,” Prime Minister Boris Johnson said in his New Year’s message. “We have our freedom in our hands and it is up to us to make the most of it.”

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