UK plans Brexit celebrations but warns businesses may suffer

  • Date: 18-Jan-2020
  • Source: Egypt Independent
  • Sector:Economy
  • Country:Egypt
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UK plans Brexit celebrations but warns businesses may suffer

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.. 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.. 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.. Britain is due to leave the European Union on Jan. 31.. US dollar loses 14 piasters against Egyptian pound within 5 days: CBE.