UK formally confirms it will not seek transition period extension


Today the Conservatives officially announced they will not seek a transition period extension.

During the current COVID-19 crisis the UK economy has plunged 20% due to the lockdown. Today the Conservatives officially announced they will not seek a transition period extension.

The UK will leave the EU on 1 Jan 2021 which could now damage the economy further as the country tries to get through the COVID-19 pandemic.

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