Britain and EU unlikely to change Brexit deal much, despite issues - report

FILE PHOTO: The European Union and Union Jack flags are flown outside the Houses of Parliament, in London, Britain February 9, 2022. REUTERS/Tom Nicholson

Britain and the European Union are unlikely to fundamentally change their underlying Brexit settlement, making sector-specific deals for financial services, fisheries and energy necessary to prevent more disruption, a report said.

The report from academic body UK In a Changing Europe (UKICE), published on Tuesday, said that despite a significant economic hit to Britain from leaving the bloc and falling support for Brexit among the British public, major changes in the UK-EU relationship were unlikely.