Brexit is a disaster. Let’s be honest. Everyone knows it... apart from our Prime Minister that is.
We know Brexit has already been negatively impacting the UK economy, but now there’s even more fuel to goad the fire. The EY Attractiveness Report, which tracks investment flow around Europe shows a 35 per cent increase in the amount of UK outbound investment. Business people are taking their investments abroad, and I can’t say I’m surprised.
Confidence in the UK, as being a valued and competitive leading power is plummeting, backed by the EY report highlighting 110 of the UK investments going to Germany and a further 79 to France. The simple fact of it is that, a good business leader wouldn’t gamble on the future of their company and to sensible and responsible business minds, Brexit has made the UK too risky.
And though some Brexiteers have piped up to say, sceptics need to give ‘the negotiations more time’, I can’t help but disagree. Frankly, it’s not that I’m a sceptic, but I’m a realist, and no matter how long in the planning, Brexit never was, and will never be a good idea. And if you don’t believe me, just look at the facts.
Public opinion in the UK is leaning directly on the decision to Remain in the EU, and whether that’s down to the shocking way Mrs May has dealt with the negotiations, or that people have come to see what Brexit will truly mean for the UK ― our tolerance is wearing thin. The UK is being put through a hell even worse than the devil could dream up, and with a Prime Minister so determined to play out a personal agenda, she has left our country vulnerable.
We’ve become an isolated and weak country, weighed down by a buckling economy. Brexit has left the UK with less friends, and even lesser power and in this complex and interdependent world we live in, without the valuable relations we’ve built with our European partners, our influence and our credibility will also crumble.🔷
(This piece was originally published on the Pimlico Plumbers blog.)