Brexit Flashcards
Overall impact
Employment rates
Trade
Investment
Imports/ exports
Impact on exports
6% fall
How many hospitality staff come from EU
40%
Impact on investment
Fuelled uncertainty
Undermined investment
31% below pre referendum level
Impact on workforce
300,000 less workers
1% of workforce
Worse sectors hit by loss of workers
Transport hospitality and retail
Financial sector not badly hit
Impact on growth
Britain has worst growth rate amongst G7 countries
What problems did it expose and exacerbate
Low productivity
Low business investment
Falling competitiveness
Impact on GDP
5.5% poorer than If they stayed in EU
Has trade improved at all
Two new trade deals
Australia and New Zealand
Digital with Singapore
Heads of major companies calling out
Next and Wetherspoons