I am not aligned with any party btw, I vote depending on who has the best policies at the time.
Now that the above disclaimer is out of the way, let’s crack on,
BREXIT; it’s almost a swear word in most households and businesses primed to create a chasm of a divide.
Having said that; having witnessed firsthand how many of my acquaintances and few friends I have considered the implications of Brexit before putting their X against their choice on the 23rd of June 2016 I recoiled in abject fear for what was to come.
Britain’s trade has been hit significantly by its departure from the single market. Trade in goods with the EU fell sharply after the Brexit transition period ended, with UK imports from the EU dropping by approximately 25 percent more than UK imports from the rest of the world, a trend which persisted throughout 2021.
I tried at the time to expound the many benefits of European Wide and largely ‘red-tape free’ commerce and trade; along with the many benefits of swift access and passage through European ports. Sadly my thoughts were met with overt hostility, sarcasm, and disregard.
So where is the UK and the UK public and businesses at the time of writing this post?
The red tape faced by British businesses is at a record high! Endless forms and paperwork that no business owner has time for!
Worryingly, Business investment in the UK is 31 percent below the pre-referendum trend. In the EU, by contrast, business investment is currently 2 percent above its pre-2016 trend.
What perplexed me at the time of the Brexit referendum moreover was that many of those around me did not have a thorough understanding of the way Britain would change as a result of leaving the EU.
Many I spoke to at the time stated ‘we will take back control of our borders’ and this immediately made me frustrated because guess what? ILLEGAL IMMIGRATION HAS BEEN AND ALWAYS WILL BE ILLEGAL! The only people that have suffered are the hardworking, like-minded professionals from across Europe who filled roles we badly needed their skills to fill.
Take for example the NHS and the care industry as a whole. With an ever-aging Populous, many of the skilled workers that contributed and cared for the UK and its economy have evaporated post-Brexit. The good law abiding citizens have left UK.com!
Now, at the time I am writing this I am now almost 43… That means those in my generation are watching our current NHS struggling… If that doesn’t horrify you as we now move out of middle age then what will?
The UK economy is estimated to be 5.5 percent poorer now than it would have been had it stayed in the EU, according to a recent study.
At the time of writing this post, the conflict between Ukraine and Russia is ongoing and the occasional glimmer of hope of ending the turmoil persists.
While I understand fully the reasons that led to the Brexit Referendum being ratified, I can only keep an open mind as to the declining state of Britain as I write this post in February 2023.
Foreign investment has always been of major benefit to the UK and in my mind, anything that the UK can do to remove red tape and simplify doing business in the UK would be good for everyone at every level of society.