Part 9/11:
Brexit has undeniably left an indelible mark on the UK economy. The severance from the EU stunted foreign investments, precipitating a 25% decline from 2016 to 2021. Domestic and international investors grew wary, resulting in job losses within crucial industries. The pandemic compounded these struggles, pushing borrowing to unprecedented levels and leading to a national debt crisis exacerbated by rising interest rates, escalating living costs, and a stressed public sector.
Addressing the energy crisis that emerged alongside inflation has proven challenging; households are now forced to pay exorbitant prices for utilities that once were manageable.