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Ten years on, Brexit's economic impact is becoming clearer (opens original article in a new tab)

TL;DR

Ten years after Brexit, the UK's economy has seen a significant decline, with reduced exports and trade barriers affecting businesses, according to recent studies and economic analyses.

  • UK firm Eskimo experienced a significant drop in EU exports post-Brexit due to increased red tape and regulatory hurdles.
  • Studies show a 26% reduction in UK exports and a 53.8% loss in export varieties by 2023 compared to pre-Brexit projections.
  • Economists estimate the UK economy is 3-8% smaller than it would have been without Brexit, with trade barriers and political uncertainty as key factors.

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