As January marks five years on from Britain leaving the EU, Alicja Hagopian and Kate Devlin explore its impact

Summary

Five years after Brexit, its promises of sovereignty, economic gains, and reduced migration remain unfulfilled. While Brexit offers regulatory flexibility, its overall impacts are largely negative.

The UK economy has suffered a £100bn annual output loss, with GDP 4% smaller than it would have been without Brexit.

Trade barriers have reduced exports, particularly to the EU, with small businesses and sectors like agriculture and fishing hit hardest.

Migration has surged to record levels, but net EU migration has turned negative.

Public dissatisfaction is high, with 59% believing Brexit has gone poorly.

  • @wurzelgummidgeEnglish
    28•2 days ago

    Brexiteers promised a new age of British sovereignty

    And now farage wants to flog the country off to trump and musk

    But half a decade on, and by many metrics, Brexit appears to have missed the mark

    What mark? There was never a mark just a whole pack of lies.

      • @ValmondEnglish
        3•12 hours ago

        Yeah, crazy right? Almost like the Kremlin was behind every shitty thing in the entire fucking world.