Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Logo
Saturday, January 18, 2020 11:40:01 PM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

UK plans Brexit celebrations but warns businesses may suffer

photo by AP photo

Anti Brexit campaigner Steve Bray demonstrates outside Parliament in London on Wednesday. Britain is due to leave the European Union on Jan. 31.

By
19th-Jan-2020       
Share
  • Twitter
  • Google+
  • Save
  • E-mail
  • Print
Comments
Share your thought
Post a comment »
Read all () »

AP, London :
The British government has announced plans for special events on the night of Jan. 31 when the country officially leaves the European Union but the country's treasury chief has admitted that some U.K. business sectors will suffer as a result.
Sajid Javid told the Financial Times in an interview Saturday that Britain's regulations will not be aligned with the EU in the future and that those changes may hurt some businesses. Currently the EU is Britain's largest trading partner.
"There will not be alignment, we will not be a rule-taker, we will not be in the single market and we will not be in the customs union - and we will do this by the end of the year," he said, referring to a deadline at the end of 2020 for conclusion of what are expected to be contentious trade talks with the then-27 member EU.
Britain will officially leave the EU bloc on the night of Jan. 31, even though it will keep following EU rules for an 11-month transition period. It will be the first nation ever to leave the bloc. The British government plans to mark the occasion with a series of upbeat events.
British Prime Minister Boris Johnson plans to make a speech to the nation that night after holding a rare cabinet session in the north of England to emphasize his government's plan to spread opportunity to that economically beleaguered region.
The government also plans to mark Brexit by projecting a clock onto the prime minister's official residence at 10 Downing Street in London that will count down until 11 p.m., when the break takes place.
The entire government neighborhood of Whitehall is to be illuminated for the occasion as part of a light show, with Union flags flown on all the poles in Parliament Square. The government will also create a commemorative coin that will enter circulation that day.
But Johnson's Conservative government is no longer actively pushing a plan to have the familiar chimes of the Big Ben clock tower at Parliament sound at 11 p.m. despite a private fundraising push in support of activating the chimes, which are under repair.
Britain voted in a 2016 referendum to become the first nation to leave the 28-nation EU, but the process has moved more slowly than expected. A stalemate last year kept a withdrawal bill from passing, leading to a rare December election that gave Johnson's pro-Brexit Conservative Party a strong majority in Parliament.
The Brexit divorce bill quickly passed when the new Parliament convened. A transition period will last until the end of 2020 as negotiators try to forge a trade arrangement between Britain and the remaining EU nations.
Johnson, who is also seeking a trade deal with the United States, has ruled out seeking an extension of the deadline for the EU talks.

Tariff
Add Rate

News Archive

Inside The New Nation

Editorial »

Charge-sheet filed in Sagira Morshed's murder case: Let there be speedy trial


THE latest success story of Police Bureau of Investigation or PBI has brought again one thing to the forefront that - it's possible to conduct police investigation fairly if the police remain sincere and neutral. The PBI on Thursday submitted the charge-sheet of 30-year-old Sagira Morshed murder case to the ...

International »

US warship sails through Taiwan Strait less than week after election


Reuters, Taipei :A US warship sailed through the Taiwan Strait on Thursday, the island's defense ministry said, less than a week after Taiwan President Tsai Ing-wen won re-election by a landslide on a platform of standing up to China which claims the island.The ship sailed in a northerly direction through ...

City »

BNP Standing Committee member Dr Khondkar Mosharraf Hossain speaking at a discussion on 'Bangladehi Nationalist Culture and Shaheed Zia' organised on the occasion of birthday of former President Ziaur Rahman by Jatiyatabadi Sangskritik Sangstha at the Jatiya Press Club on Friday.


.

Football »

Japan teenage star Nishikawa cool on Barca talk


AFP, Tokyo :Japan youth international Jun Nishikawa said Friday he heard Barcelona were keen on signing him through friends but denied there had been any contact from the Spanish giants.The 17-year-old attacking midfielder, who has represented Japan at the under-17 and under-20 World Cup, told local media his main focus ...

Entertainment »

Genelia Deshmukh is strong, smiling, inspiring in her latest photoshoot


Genelia Deshmukh recently posted pictures from a shoot. She wore a thigh-high black dress with multi-colored ruffle-tied sleeves. The teal, green, blue and mustard yellow seems to be adding lots of color and volume to the dress. Black is the color that is associated with elegance and sophistication. She accessorised ...

Editorial »

Bail out the loan defaulters is not working because of corruption cases


THE Financial Institutions Division of the Finance Ministry would make an appeal to the Bangladesh Bank for extending the loan rescheduling opportunities at two per cent down payment to defaulters who filed writ petitions and are facing cases of the Anti-Corruption Commission. The decision was taken by the FID after ...

Business & Economy »

IPDC Finance Limited and Hyundai Motors jointly brought an attractive auto loan offer on the brand new Hyundai Facelift Tuscon. Mominul Islam, CEO of IPDC Finance and Imran Khan, General Manager (Marketing & Customer Care) of Hyundai Motors Bangladesh Limited, exchanging document after signing an agreement for Exclusive New Year's campaign at IPDC Finance head office in the city recently. Under the deal, customers availing IPDC Auto Loan can now enjoy 6 years of EMI benefit with zero down-payment.


Entertainment »

Pooja Hegde: Simplicity and sophistication personified


The Bollywood and Telugu film actress and model Pooja Hegde recently did a photo-shoot in which she looks angelic in an ivory maxi dress as he seems to be having fun in the pictures. She wore an outfit from Shriya Som collection, the dress is a high-low, sleeveless maxi dress ...

Entertainment »

How Shraddha is set to own 2020


Shraddha Kapoor has always given us characters and films that are memorable. The actress owned the latter half of 2019 with two hits back to back hits like Saaho and Chhichhore. Now, the actress is set to take over 2020 with two more releases. The characters Shraddha played in Saaho ...

Football »

Mbappe returns to haunt Monaco, hits 20th goal of season


AFP, Paris :Kylian Mbappe scored twice to take his season tally to 20 as the French World Cup winner shone in Paris Saint-Germain's 4-1 rout of his former club Monaco on Wednesday.The victory kept PSG eight points clear at the top.They also registered their 50th goal of the league campaign ...

Cricket »

Injury-hit New Zealand call up Bennett for India T20 series


AFP, Wellington :New Zealand have called in Hamish Bennett to shore up their attack for the Twenty20 series against India this month, while Trent Boult and Lockie Ferguson remain on the injured list.The 32-year-old Bennett was a regular in the New Zealand one-day international side in 2011 but has played ...

International »

Russian Parliament to review Putin’s PM pick after shock overhaul


AFP, Moscow :Russian lawmakers will begin reviewing President Vladimir Putin's nomination of a little-known tax chief as the new prime minister on Thursday after his announcement of a sweeping constitutional shake-up fuelled speculation about his future plans.The overwhelmingly Kremlin-loyal State Duma lower parliament is likely to approve Mikhail Mishustin for ...

City »

Gonoforum President Dr. Kamal Hossain speaking at the steering committee meeting of Jatiya Oikya Front on current political situation and city corporation elections at his personal office in the city's Motijheel on Thursday.


Cricket »

Stokes named ICC Player of the Year after landmark 2019


Ben Stokes was Wednesday named the International Cricket Council (ICC) Player of the Year, capping an unforgettable 2019 for the swashbuckling England all-rounder that included a match-winning knock at the World Cup.Stokes won the coveted Sir Garfield Sobers trophy -- voted for by a panel of media representatives and former ...

Entertainment »

Poppy excited in beginning of New Year


Sheikh Arif Bulbon :In the beginning of New Year, National Film Award winner actress Poppy is passing days with very much excitement because recently she finished shooting of Sadeque Siddiqui’s movie Sahoshi Joddha. Shooting of this movie was started in 2018. Poppy played the role of Sohana, central character of ...

 
Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
 
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Email:
Write a comment to this news