Brexit

what different areas has brexit effected 5

1. trade disruptions. new barriers (tarrifs)

2. FDI, less attractive due to uncertainty and confidance

3. labour market effects, loss of free movement. reduced migration and increased labour shortages

4. economic growth and productivity. confidance uncertainty less investment

5. inflation and consumer prices, depreciation of pound, imports more expensive pushing inflation higher costs for firms as supply chain distributed

how does brexit effect international competitivness 4

1. FDI loss, rather invest in single market

2. average costs for firms rise as barriers increase (protectionism) n

3. costs of doing business rises

4. tight labour market as free movement of labour falls.

brexit on gdp

lower FDI in automotive and innovation in tech

increase in AV of barriers to eurpoe

brexit on unemployment 3

1. uncertainty and investment retentio has caused firms to scale back opperations and therefore hire less workers

2. labour shortages in key areas such as construction and hospitality has caused an increase in wages and costs for firms

3. many finantial firms moved jobs to EU to maintain accsess to single market