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12/31/2020, 2:43 AM (Source: TeleTrader)
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UK-EU post-Brexit trade deal given royal assent

United Kingdom's post-Brexit free trade agreement with the European Union has become British law after it was approved by Queen Elizabeth II, The House of Lords announced on Twitter.

Royal assent being given for the legislation marks the final step required for the parliamentary bill to become law, which subsequently prevents a no-deal Brexit when the transition period ends an hour before midnight on Thursday, December 31.

During the day on Wednesday, the House of Commons passed the legislation with a vast majority, agreeing it is best to avoid a turbulent separation from the bloc on January 31, which the Parliament's upper chamber later backed, showing no opposition for the third reading of the bill.

Breaking the News / NL