What Impact Will Brexit Have On Your Children?
“…the best opportunities lie during the periods of greatest upheaval…and upheaval is fast coming Britain’s way.”
Regardless of which side of the political spectrum you sit on, everyone agrees that Brexit has become something of a mess over the last three years. Since the vote was held in 2016, we have seen two Prime Ministers resign and a host of cabinet ministers and politicians choose to quit or leave their respective parties. The uncertainty has affected everything from retail confidence to the value of the pound. Businesses are hesitating to invest in the future which will have a knock-on effect for the economy. The issue is less to do with the outcome of Brexit and more to do with the fact that no plan appears to be in place. Whether the UK leaves the EU with a deal to facilitate trade with their old partners or no deal 12
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at all is as much the issue as whichever outcome will occur. Certainty, one way or the other, would help – at the moment certainty is non-existent. Whatever the outcome, it seems most likely that the UK will be without its current trading arrangements for the first time in over 40 years and will need to forge new arrangements going forward. Over the next few years your children may well be transitioning from students into earning a living in this new environment. There is no doubt that there will be some losers as a result of what is about to happen – but there are also going to be some winners – and that part is exciting.