Britain Post-Brexit: Flourishing or Floundering? Post Brexit Three years on from formally exiting the European Union, the question of whether Brexit has been a boon or a bane for Britain remains complex and hotly contested. Analyzing the impact across various facets, primarily the economy, health, and global standing, reveals a nuanced picture of both opportunities and challenges. Economy: GDP : The immediate economic outlook post-Brexit was marred by uncertainty, but the UK economy has avoided the predicted sharp downturn. In 2023, the IMF forecasted a 0. 6% contraction, compared to the G7's projected growth. However, long-term forecasts are less optimistic. The Centre for Economic Performance estimates a 2-3% GDP loss due to Brexit, primarily from reduced trade with the EU, our largest trading partner. Trade: Trade remains a significant concern. EU-UK trade plummeted after Brexit, with UK exports to the EU falling by 25% more than to the rest of the wo...
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