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Thursday 23 January 2020

History was made last night, after years of dither and delay, Boris Johnson’s Brexit Bill was passed by both houses of Parliament.

“At times, it felt like we would never cross the Brexit finish line, but we’ve done it.” Said the Prime Minister. It has certainly not been a straightforward path, but we’ve finally got there. All it needed was a massive parliamentary majority to finally crush the dark forces and deliver the will of the British people. It certainly isn’t auspicious for future referendums.

Once the Bill has received royal assent, Dominic Raab will sign the UK’s instrument of ratification, confirming our exit from the EU under Article 50 of the Lisbon Treaty, which will be deposited in Brussels in time for Britain’s departure at 11pm on Jan 31st. We are nearly free from the grip of the European Union. A brighter future awaits.

The UK now faces another 11 months of negotiations with the EU to forge a trade deal. It hasn’t taken long for some trademark EU deviousness to surface. The Commission has drawn up a ‘hit list’ of UK financial institutions to penalise if the City of London strays too far from EU regulations after Brexit. The instrument, known as equivalence, will more than likely be used as a political weapon by the EU during negotiations.

The EU have form for this tactic. Last year, Swiss Stock exchanges were banned from the single market to force Switzerland to re-negotiate a relationship with Brussels.

“What I have learned in international and European negotiations that all arguments and considerations are treated as political.” Said Croatian Prime Minister Andrej Plenkovic. We must be wise to EU tactical moves, they will use every trick in the book to attempt to bully the UK into getting things their way.

Meanwhile, Boris has suggested he will give tax cuts to millions of Brits. “Where you have the ability to cut taxes, I want to do it to help working people on lower incomes,” said Boris during a people’s PMQs sessions broadcast. The PM added “I believe strongly in helping people on low incomes, making sure they are properly paid. We want to move to a high-wage, high-skill economy uniting and levelling up across the whole of the UK.” The Government have already announced they plan to cut National Insurance Contributions, meaning people on the living wage will be £930 better off immediately.