Economist Podcasts Separate weighs: Brexit, one year on
Jan 3, 2022
Join Samaya Keynes, Britain’s economics editor at The Economist, as she discusses the economic fallout of Brexit, highlighting the decline in trade and the increase in regulatory hurdles. Kevin Young, head of audience, offers a personal glimpse into the ongoing struggles faced by clinically vulnerable individuals amid lingering COVID restrictions. Together, they explore the complexities of public sentiment around Brexit, the impact on various sectors, and the emotional challenges of a pandemic repeatedly reshaping lives.
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Johnson's Brexit Promises
- Boris Johnson hailed a Brexit deal on Christmas Eve 2020, promising easy trade and regulatory control.
- He assured the public of low costs and the ability to set standards benefiting British businesses.
Brexit's Divisive Impact
- The Brexit debate has deeply divided political parties, communities, and families.
- It's challenging to isolate Brexit's impact due to the pandemic's simultaneous occurrence.
Trade Impact Assessment
- Increased friction at the border, especially for Britain-EU trade, contradicts Johnson's claims.
- Brexit appears to have reduced Britain's overall trade by 11-16% since early 2021.