The damning statistics that reveal the true cost of Brexit, five years on
The damning statistics that reveal the true cost of Brexit, five years on
As January marks five years on from Britain leaving the EU, Alicja Hagopian and Kate Devlin explore its impact
Summary
Five years after Brexit, its promises of sovereignty, economic gains, and reduced migration remain unfulfilled. While Brexit offers regulatory flexibility, its overall impacts are largely negative.
The UK economy has suffered a £100bn annual output loss, with GDP 4% smaller than it would have been without Brexit.
Trade barriers have reduced exports, particularly to the EU, with small businesses and sectors like agriculture and fishing hit hardest.
Migration has surged to record levels, but net EU migration has turned negative.
Public dissatisfaction is high, with 59% believing Brexit has gone poorly.
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The problem with the modern media is that they frame everything in the context of money. Thus they ignore that the Britons joined just for the economy. They are a staunchly capitalist country that never managed to fit within the EU spirit. They kept resisting the integration and asking opt-outs for every initiative. During the exit process they acted as spoilt children, they absorbed all the attention and time of the European council and brought all the other activities nearly to a standstill. All of that tedious process ended up with a partial exit, the UK is still standing on the edge with one foot in and another out.
At this point I think that the best thing to do to stop crying over the spilled milk and do not even dare to think to come back, it would be just a pain for everybody.
Nah let us back in but as a standard new member without any of the special shit, please our government needs adult supervision.
What about abandoning the pound sterling?
Not sure why people are so hung up about it, it's been gradually losing ground to the euro and usd anyway.
The more old bullshit gets erased in the process the better.
Those old twats and the dumb younger voters fucked everyone over... However maybe if there is a silver lining it's that if/when the UK rejoins (pretty much if it wants a real future) it should be on equal terms and forced to behave as such.
Maybe we could finally elevate our status from the shit stained toffs of Europe.
The UK would just become another Hungary.
You underestimate how fucked Hungary is.
The UK would need to dissolve, London would need to be sacked by the Scottish taking the whole British museum, have this event define politics for the next century. 40 years into this, it would need to lose a world war, with the Russian army raping and pillaging through the land. Then live under Russian occupation for another half a century.
England then would be close to Hungary, not quite there though.
Nah let us back in
Those who don't know history are doomed to repeat it.
If Britons want to join the EU, they can leave the UK.