RFEU - The U.K. At Four Months Post-Brexit

• Brexit followed lengthy and difficult negotiations that resulted in a separation agreement stipulating that the UK would leave the single market and customs union but no tariffs on goods or quotas would be applied.
• The developments in the first month included some that were better than many expected, while a number of others were negative, including several that are of considerable concern.
• Businesses offering services lost their automatic right of access to the EU market, and there is no longer automatic recognition of professional qualifications for people such as doctors.
• Financial services, an important sector for the UK, were not covered by the separation agreement.
• For the UK government, another problem that has gathered some force from the Brexit process and resulting difficulties with respect to Northern Ireland is the Scottish independence movement.

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