Grace of Goods: Beyond Brexit

Photographer: Paul Faith/Bloomberg

What’s happening? The Northern Ireland protocol will keep operating on the current basis, and U.K. exports of food and drink to Europe plunge.

The U.K. extended grace periods that were meant to end this month for trade between Great Britain and Northern Ireland, as it continues discussion with the European Union to defuse one of the most contentious issues of their divorce. Brexit minister David Frost said the Northern Ireland protocol will continue to operate on the current basis, postponing bans on chilled meats and fresh sausages going into the province from the rest of the U.K. and more customs checks on food products.