We need to talk About How Brexit is AFFECTING Business Investments & Economy

Most Britons believe that the exit from the European Union was a failure. Around 60% believe the decision was "a mistake"; just 10% think Brexit is going well "for now," and just 30% expect it to be positive "in the long term.

Taken together, the evidence points to a significant long-run output cost of Brexit. The reduction in trade was in line with expectations and the underperformance in investment was “more pronounced” than anticipated. However, it said the shifts in immigration patterns posed the most important cyclical repercussions for the U.K. economy — and inflation in particular. The post-Brexit change in immigration flows has reduced the elasticity of labour supply in the U.K., contributing to the post-pandemic surge in inflation and pointing to more cyclical labour market and inflation pressures going forward

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