On Friday 31 January 2020 at 11pm , Britain will Leave the European Union and is marking the occasion with the introduction of a new 50p brexit coin with the inscription - "Peace, prosperity and friendship with all nations" .
Three million brexit coins will go into circulation on Friday with a further 7 million to be added later in the year . A previous batch of a million coins had to be melted down when the brexit date was delayed last October.
Posting on Twitter , Britains Finance Minister Sajid Javid remarked - "This coin marks the beginning of an exciting new chapter in British history. Let’s look forward with confidence & unleash the enormous potential of our great country"
On Friday , Britain will enter an 11 Month Transition Period ending on 31 December 2020 . While many things will stay the same until that date , some things will change .. the UK's 73 MEPs will leave the European Parliament , British ministers will no longer attend EU meetings , UK Prime Minister Boris Johnson will no longer have to attend EU Council Meetings , the UK will have the freedom to set its own trade policy and enter into trade agreements with Countries around the World , for example up until now , the UK was prevented from entering into trade deals with the USA and Australia while it remained an EU state .
During the Transition period , the UK will also negotiate a trade deal with the EU , However , Britains Finance Minister Sajid Javid has warned the EU that the UK will not be subjected to EU regulations in return for free tariffs . Speaking to the Financial Times Mr Javid said .. "There will not be alignment, we will not be a ruletaker, we will not be in the single market and we will not be in the customs union — and we will do this by the end of the year" .