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The Brexit/trade agreement led to a change in duty and in VAT. For instance, EU buyers of British-made items now pay their national VAT rather than the (previously applicable) British one. Products sold by British vendors but made (for example) in China may be subject to additional import duties.
On the 7th of September 2023 as part of Post Brexit renegotiations which amended the Northern Ireland protocol and helped to improve relations between the EU and the UK it was announced by the UK government that the UK was re-joining the Horizon Research Scheme, Which allowed for Scientists and Universities within the UK to apply for access to ...
The cost of Brexit is still being determined, but the government watchdog estimates that the economy will take a 15 per cent hit to trade in the long term, while experts suggest that the UK has ...
[52] [50] The proposed new law would give UK ministers unilateral power to define what state aid needs to be reported to the EU, and define what products they considered at risk of being brought into Ireland from Northern Ireland (the withdrawal agreement states that in the absence of a mutual agreement, all products should be considered at ...
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Chequers—the official country residence of the prime minister since 1921—where the Brexit proposals were agreed by the Cabinet. The Chequers plan, officially known as The future relationship between the United Kingdom and the European Union (Cm 9593), was a UK Government white paper concerning Brexit, published on 12 July 2018 by the prime minister, Theresa May.
The Windsor Framework is a post-Brexit legal agreement between the European Union and the United Kingdom which adjusts the operation of the Northern Ireland Protocol. The Framework was announced on 27 February 2023, formally adopted by both parties on 24 March 2023 [1] and came into effect on 1 October 2023. [2]
Britain has set a fast pace in the electric vehicle race with its 2030 ban on sales of new fossil fuel-powered cars and has offered 1 billion pounds ($1.4 billion) to jump start its battery ...