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At least 3.6 million immigrants have entered the UK since Brexit (between June 2021 and June 2024, the latest available data); with net migration at 2.3 million over that period.
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.
The government and the civil service is heavily focused on Brexit. Former Head of the Home Civil Service Bob Kerslake has stated that there is a risk that other matters will get insufficient attention until they develop into crises. [71] A cross party coalition of MP's has been formed to oppose hard Brexit.
The economic effects of Brexit were a major area of debate [1] during and after the referendum on UK membership of the European Union. The majority of economists believe that Brexit has harmed the UK's economy and reduced its real per capita income in the long term, and the referendum itself damaged the economy.
The UK rebate (or UK correction) was a financial mechanism that reduced the United Kingdom's contribution to the EU budget in effect since 1985. It was a complex calculation which equated to a reduction of approximately 66% of the UK's net contribution – the amount paid by the UK into the EU budget less receipts from the EU budget.
The PM has spent much of his first six months in office courting European leaders in a bid to strike a new deal with the EU that would cut red tape that has stifled growth since Brexit.
The following day, UK lead negotiator Frost reiterated his Government's position that the end date will not be changed: As we prepare for the next Rounds of negotiations, I want to reiterate the Government's position on the transition period created following our withdrawal from the EU. Transition ends on 31 December this year.
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