“It’s going to be a marathon, a very long marathon," said Mark Price, former deputy chairman of retailer John Lewis Partnership and a former U.K. trade minister. There are also regulations around rules of origin determining what goods can be exported to the EU that need to be navigated. Around 410,000 trucks or vans come through Dublin port each year from the U.K. and before Brexit virtually all would have passed unencumbered. “The deal is done but the reality that businesses have to face has not arrived yet," said Ian Cheshire, the outgoing chairman of Barclays U.K. And while the Brexit deal was heralded by Johnson as a new era for the fishing industry, that too has been cast into doubt.

Source: Mint January 01, 2021 11:19 UTC