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Arthur I. Cyr: Brexit takes effect - sort of

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“Fog in channel, Continent cut off,” is a very old joke about an alleged British newspaper headline regarding weather over the waterway separating them from Europe. Even a brief visit to the British Isles can confirm this sense of distance.

At the end of January, the United Kingdom formally departed from the European Union. This ends the formal relationship between the nation and the regional economic organization on the continent, but not abruptly.

The year ahead is formally a transition period, during which the new relationship will be negotiated in detail. This is of vital importance to businesses, but also the population as a whole. Ideally, this period provides opportunities for the departure to occur without abrupt shocks disrupting trade and investment, tourism, legal and other professional licensing, and the many other dimensions of life that will be affected - reaching far beyond the business world.

The 2016 referendum vote to leave the European Union (EU) - known as........

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