On 23 June 2016 the UK electorate voted that the UK should leave the EU. The process of leaving was commenced by invoking Article 50 of the Treaty on European Union on 29 March 2019.
At 11 p.m. GMT on Friday 31 January 2020 Brexit occurred and the UK entered into the transition period with the EU until which will run until 31 December 2020. The European Union (Withdrawal Agreement) Act 2020 received Royal Assent on 23 January 2020 and is the statute implementing the UK’s withdrawal from the EU into UK law. Trade talks are now scheduled to commence with the EU and be finalised in time for any agreement to be in place by 31 December 2020.
The UK’s Prime Minister, Boris Johnson, is expected to make an announcement on 3 February 2020 on how the UK will proceed with trade talks with the UK.
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Watch our selection of on-demand webinars on some of the key issues relating to Brexit.
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