The UK is set to formally leave the European Union (EU) in October, and there will certainly be some serious changes to the British economy. We have created an infographic to visually outline the process of Brexit and the impact it has on the economy (GBP/USD & GBP/EUR). We’ve also analysed the UK industries that will be impacted the most.
As a result, we found that the following industries will be affected the most:
This is because these industries will have the hardest adjustment period post-Brexit. However, there are many more Brexit events to come hence we need to see how Brexit evolves even further. In the event of no-deal Brexit, UK based automakers and manufacturers with heavy reliance on the EU are likely to face new levies as high as 10%.
As a result, we found that the following industries will be affected the most:
- Finance and Forex markets
- Travel and Tourism
- E-commerce and Online Businesses
- Importers & Exporters
- Housing market
- The Motor Industry
This is because these industries will have the hardest adjustment period post-Brexit. However, there are many more Brexit events to come hence we need to see how Brexit evolves even further. In the event of no-deal Brexit, UK based automakers and manufacturers with heavy reliance on the EU are likely to face new levies as high as 10%.
Infographic Source: https://moneytransfers.com/the-brexit-impact
1 Komentar
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