Key Findings

  1. Exit from EU is expected to take place at a longer time. In this respect, Article 50 of the Lisbon Treaty provides rules that it takes 2 years to exit form EU. Within this period the investors might be very indeterminate about the pound rate, about the new policies of trade with the countries of EU. For this reason, it is assumed that by 2020, the investment could fall by 16% to 20%. By 2030, when all the policies are settled, the economy might grow again.
  2. According to PWC report of Sept. 2018, immediately after Brexit the GDP of UK could fall by 2% to 2.5%. However, we forecast that GDP might regain again after the settlement of all policies.
  3. As stated earlier that almost 45% of EU market is held by UK. Hence after Brexit the EU can make some harsh decision about the trading policies with EU, they can put more tariff or custom duties on UK companies. The businessman and Investors from UK need to find a new market to invest this can fall the investment directly. In addition, FDI rate could be decrease, because EU gives a significant rate of FDI to UK.
  4. We expect that once UK exits EU, UK can autonomously control who can migrate to UK.
  5. The member countries of European Union have to pay a certain amount of money to European Central Bank. After Brexit the UK do not have to pay this money.
  6. As UK can control their migration procedures, they can control with whom they can trade, or people from which country they might allow and not allow to enter. Thus, UK might uphold their sovereignty control.
  7. Due to Brexit, immediately the employment might fall. But eventually it will increase again after the settlement of the various policies of the country.
  8. UK is still not ready for Brexit, though UK is possibly come out from EU before 31st October 2019.
  9. Brexit might be excellent for those businessmen who run their business only in UK.
  10. Because of Brexit, UK might lose a huge market of skilled worker. Hence more job opportunity for UK citizen might be created.
  11. Overall, we analyze that the future is uncertain for UK in the global market.