Brexit’s impact on the United Kingdom will be different from that anticipated in several ways, says a report titled ‘The Big Brexit: An assessment of the scale of change to come from Brexit’ published by The Resolution Foundation, a London-based independent think tank. The impact will take time to fully materialise and will occur in three distinct phases.
The report is part of the ‘The Economy 2030 Inquiry: Shaping a Decade of Change’ funded by the Nuffield Foundation.
Brexit’s impact on the United Kingdom will be different from that anticipated in several ways, says a report titled ‘The Big Brexit: An assessment of the scale of change to come from Brexit’ published by The Resolution Foundation, a London-based independent think tank. The impact will take time to fully materialise and will occur in three distinct phases.
First, in the immediate aftermath of the referendum, and in anticipation of permanent impacts, household incomes and business investment were affected.
Second, trade itself responded following the implementation of the new Trade and Cooperation…