In atypical 2020 fashion, Santa actually gave UK the #1 present on its Christmas list: adequacy for cross-border data transfers from the EU as part of an overall trade deal.
Bloomberg reports the deal will include an interim solution for a maximum of 6 months while the European Commission considers a full adequacy decision for the UK.
The deal also requires the U.K. to suspend its own data protection rules until the adequacy decision has been finalized.