Close Menu
Chronicle NG
    Trending Stories
    Femi Gbajabiamila, Chief of Staff to President Bola Tinubu, during an official engagement as he threatens a ₦10 billion defamation lawsuit over PFIPC allegations.

    PFIPC Scandal: Gbajabiamila files N15bn suit against Adeyemi

    July 17, 2026
    'A national disgrace', NBA condemns Ozoro festival assault on women

    NBA vows no going back on Saturday election

    July 17, 2026
    Yoruba lawyers demand postponement of NBA election

    Yoruba lawyers demand postponement of NBA election

    July 17, 2026
    Facebook X (Twitter) Instagram
    Trending
    • PFIPC Scandal: Gbajabiamila files N15bn suit against Adeyemi
    • NBA vows no going back on Saturday election
    • Yoruba lawyers demand postponement of NBA election
    • Kogi confirms rescue of kidnapped NECO students
    • Mary Habila was like a daughter to me – Umahi
    • Senate confirms Fasina as a non-career ambassador despite protests
    • FAAN deploys biometric V-pass system at airports
    • Mathesis Analytics secures First Ally Capital investment to expand AI credit infrastructure
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Friday, July 17
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    UK finally cut ties with the European Union as Brexit transition period ends

    Chronicle EditorBy Chronicle EditorJanuary 1, 2021No Comments3 Mins Read
    Facebook Twitter Telegram WhatsApp
    Ex-UK PM urges Nigeria for a stronger relationship, declares support for Ukraine
    Facebook Twitter WhatsApp

    As the clocks struck midnight marking New Year’s Day in Brussels and 11 p.m. Thursday in London, the United Kingdom finally cut its ties with the European Union, almost a year after its formal departure from the 27-nation bloc.

    The end of the transition period, four-and-a-half years after a majority in the UK voted to quit the European Union, is a significant moment in the nation’s history. After almost five decades as part of the bloc, the UK will now forge a separate path.
    UK Prime Minister Boris Johnson said Thursday that Britain will be an “open, generous, outward-looking, internationalist and free trading” country that is “free to do things differently, and if necessary better” than the EU.
    “We have our freedom in our hands and it is up to us to make the most of it,” Johnson said during his New Year’s address, just hours before the end of the transition period.
    The divorce has been a painful, drawn-out process. And despite the post-Brexit trade deal agreed by the UK and EU in the closing days of the year, and voted through by British lawmakers on the eve of the December 31 deadline, much uncertainty lies ahead.
    Opening the debate on the bill Wednesday, Johnson told members of Parliament that the deal would “open a new chapter” and allow the UK to take “control of our laws and our national destiny.”
    “This bill, it embodies our vision shared with our European neighbors of a new relationship between Britain and the EU as sovereign equals, joined by friendship, commerce, history, interests and values, while respecting one another’s freedom of action and recognizing that we have nothing to fear if we sometimes choose to do things differently,” Johnson said.
    But critics warn that the UK economy will suffer as a result of Brexit, with many businesses unprepared for the changes ahead, particularly coming as the nation staggers under the impact of the coronavirus pandemic.
    Now the UK has left the single market and customs union, goods crossing the border will be subject to customs and other checks. Delays and disruption could occur as hauliers discover they lack the correct paperwork, or that new software systems collapse under pressure.
    Keir Starmer, leader of the main opposition Labour Party, last week warned that “there are serious questions about the government’s preparedness for the new arrangements” after the negotiations went down to the wire.
    He told Labour lawmakers to support the bill rather than risk the “devastating” consequences of the UK crashing out of the EU with no trade deal. But Starmer said the “thin agreement” reached by Johnson’s government “does not provide adequate protection for British manufacturing, our financial services, creative industries, or workplace rights.”
    Scotland’s First Minister Nicola Sturgeon said in a tweet, sent as the clock struck 11 p.m.
    • Buhari signs N13.588trn 2021 Budget
    UK time, that Scotland will be “back soon, Europe.” Scots voted overwhelmingly to remain in the EU in the 2016 referendum and Brexit has injected new energy into the fight for Scottish independence.
    The EU-UK trade deal did not cover Gibraltar, the Overseas British Territory that lies on the southern tip of the Iberian peninsula.
    Only hours before the transition deadline expired Thursday, Spain and the UK announced that a separate draft agreement had been reached on its post-Brexit status.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    US reps backs bill to withhold 100% aid to Nigeria over insecurity

    US reps backs bill to withhold 100% aid to Nigeria over insecurity

    Scientists launch global trial of drug to prevent Alzheimer’s disease

    Scientists launch global trial of drug to prevent Alzheimer’s disease

    US reps backs bill to withhold 100% aid to Nigeria over insecurity

    Republicans unveil $95bn spending plan ahead of US midterm elections

    Commercial vessels navigating the Strait of Hormuz as US and Iran escalate military conflict across the Gulf.

    Trump reverses 20% Strait of Hormuz transit fee after Gulf pressure

    Oyo Governor Seyi Makinde addressing the media after receiving rescued pupils and teachers abducted in Oriire LGA.

    Makinde seeks UN probe into Oyo schoolchildren, teachers abduction

    Apple accuses OpenAI of stealing trade secrets to build AI devices

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Femi Gbajabiamila, Chief of Staff to President Bola Tinubu, during an official engagement as he threatens a ₦10 billion defamation lawsuit over PFIPC allegations.

    PFIPC Scandal: Gbajabiamila files N15bn suit against Adeyemi

    July 17, 2026
    'A national disgrace', NBA condemns Ozoro festival assault on women

    NBA vows no going back on Saturday election

    July 17, 2026
    Yoruba lawyers demand postponement of NBA election

    Yoruba lawyers demand postponement of NBA election

    July 17, 2026
    Ahmed Ododo speaking at Kogi State Security Summit in Abuja

    Kogi confirms rescue of kidnapped NECO students

    July 17, 2026
    The Ebonyi State Police Command promised to continue probe into the death of Mary Habila who passed away at the residence of David Umahi.

    Mary Habila was like a daughter to me – Umahi

    July 16, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.