Brexit Economic Impact
The cluster discusses the economic consequences of the UK's Brexit from the EU, including loss of single market access, reduced growth, trade challenges, and comparisons of UK vs. EU economic performance.
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UK is out of EU. And what is the point of moving to UK, when you want to the market of EU?
AFAIK EU wants closed borders and a different financial center if UK leaves EU. Both of these can have the effect of hurting the UK economy.
The UK is not in the EU, so why does it matter?
With savings from brexit I'm guessing?
Which is fine, the UK users and economy will be the one losing really.
Well, it's no so much 'good riddance' (we really want you to stay) as we're all glad the awkward political tug of war is over and we all know where we stand. Even if it isn't where we would have liked to, at least we can try and move on. As for the UK: A large part of their economy is based on a service industry, compounded by being the traditional gateway between the US and Europe. The rise of China, the stumbling of the US, the isolationist movement of the UK, draconia
These are just the figures so far. This doesn't take into account things that are yet to happen like losing access to the single market (proximity is a far better predictor of economic exchange than culture, so talk of trade deals with Australia and New Zealand need to be taken with a huge pinch of salt), withdrawal from EU trade deals which are going to take a long time to renegotiate piecemeal (and which we're unlikely to get on the same terms as a separate entity), etc. The UK gover
Leaving the EU hasn’t really been helping the UK either
Possible fallout from Brexit. Not much point in global companies setting up shop in the UK these days.
What did Brexit do to the UK, and why is the rest of Europe nearly as bad off?