Legal system, currency, language
United Kingdom
Common law. The official currency is the pound sterling (GBP). The UK left the European Union (EU) on January 31, 2020; however, the UK's exit was followed by a transition period during which the UK was still subject to EU rules. The transition period ended on December 31, 2020. However, while there is now no freedom of movement of workers between the UK and the EU, there is little immediate impact on employment laws which will continue to apply until UK legislators seek to make changes – which, under the terms of the Trade and Cooperation Agreement agreed between the UK and EU, are only permitted if they do not impact on trade or investment. If draft legislation currently under consideration becomes law, all EU-derived subordinate legislation and retained direct EU legislation (ie, regulations and decisions) will be revoked at the end of 2023 unless reinstated or amended.
The official language is English.