(updated January 2021)
Negotiators from the European Commission and the British government reached an agreement on a treaty on 24 December 2020. The new “Trade and Cooperation Treaty” foresees a framework for trade in goods and services, including transport. Both sides agreed to provisionally apply the Treaty pending its formal ratification.
In any case, the UK is no longer a member of the European single market and customs union since 1 January 2021. Despite the new Treaty, this creates obstacles to the movement of people, goods, services and capital between the UK and the EU as we know it. Individuals as well as businesses have to adapt to this new reality.