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A decade on: Brexit blamed as UK economy struggles to find footing (opens original article in a new tab)

TL;DR

A decade after Brexit, the UK economy struggles with sluggish growth, reduced investment, and trade challenges, with both supporters and opponents expressing frustration over unmet promises.

  • Brexit supporters and opponents both express frustration with economic outcomes a decade after the UK left the EU.
  • Economic growth is anemic, with GDP, investment, and productivity reduced by 6-8%, 12-13%, and 3-4% respectively compared to pre-Brexit projections.
  • The UK's automotive industry faces increased costs and reduced investment due to trade barriers with the EU, which remains a major trading partner.
  • Loss of free labor movement from the EU has hurt sectors like curry restaurants, with workers from Eastern Europe leaving due to new visa requirements.

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