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Business Daily

UK completes separation from European Union

Business Daily

BBC

News, Business

4.4796 Ratings

🗓️ 1 January 2021

⏱️ 17 minutes

🧾️ Download transcript

Summary

A new era has begun for the United Kingdom after it completed its formal separation from the European Union. The UK stopped following EU rules, as replacement arrangements for travel, trade, immigration and security co-operation came into force. On today's programme, we'll hear how we got to this point with Marie Keyworth, and then Vivienne Nunis will tell us what's happening today. Then, Dr Anna Jerzewska, Director of the trade consultancy Trade and Borders and Allie Renison with the Institute of Directors will discuss the UK's trade opportunities in the future.

Producer: Frey Lindsay.

(Picture credit: Reuters.)

Transcript

Click on a timestamp to play from that location

0:00.0

Hello, I'm Rahul Tandon. Welcome to Business Daily from the BBC. Coming up, it's a historic day for the UK's relationship with the European Union. After four years, the UK is officially out. We're going to hear a bit about how we got there, the abridged version at least.

0:18.3

We must build a kind of United States of Europe.

0:24.2

And then a look at the future.

0:26.2

Are we done with Brexit now, or is the adjustment period just going to continue?

0:31.4

There's this famous cartoon that came out.

0:34.4

My father was a Brexit negotiator just as his father before him.

0:37.4

And we laughed at it at

0:39.0

the time, but now it's not as funny anymore because it might actually be true. That's all coming up

0:44.6

in Business Daily from the BBC. As you've been hearing, the UK has formally separated from the EU

0:54.4

after technically leaving in January last year.

0:57.7

So how did we get there?

0:59.3

It's a complicated question,

1:00.8

and the BBC's Marie Keyworth volunteered to tackle it for us.

1:09.2

The story of EU and UK relations is a long and complicated one.

1:13.6

So to help tell it, I'm enlisting some help.

1:16.1

I'm Dr Tim Oliver. I'm a senior lecturer at Loughby University's London campus.

1:20.2

And I've worked on UK-E relations for most of my academic life.

1:23.1

Julie Smith, I'm reader in European politics at Cambridge University.

1:28.4

So Tim and Julie, let's start in the late 1940s.

1:32.0

Europe was at peace, but still reeling from the devastation of World War II.

1:36.1

For the United Kingdom, there was a sense that the future was one,

1:41.6

built on a strong relationship with the United States and with the Commonwealth,

...

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