Brexit's economic toll becomes clearer a decade after the referendum
By
Faisal Islam
5h ago· 6 min readenInsight
Summary
A decade after the Brexit referendum, the economic consequences for the UK are becoming clearer. The article examines how leaving the EU has impacted British businesses, trade, and investment, using case studies like Eskimo, a Bristol-based radiator startup that struggled with post-Brexit export barriers. While some economists' dire predictions have partially materialized — with reduced trade, labor shortages, and lower investment — the full picture is nuanced, with some sectors adapting and others still facing structural challenges. The piece weighs the long-term costs against any perceived benefits of regulatory independence.
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Key quotes
· 3 pulledThe boss Phil Ward tells me his start-up has continued to grow, but that in his view it could have been so much more without what he calls 'the Long Brexit effect'
In 2020, 40% of his export
A decade ago, many economists argued the UK would sustain longer-term economic damage by leaving the EU. So what did happen?
A decade ago, many economists argued the UK would sustain longer-term economic damage by leaving the EU. So what did happen?
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