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23 Jun 2026
28m

Keep qualms and carry on: a decade after Brexit

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Economist Podcasts

Ten years after the 2016 referendum, Brexit remains a significant source of economic friction and political instability in Britain. While proponents promised a future of autonomy and opportunity, the reality has been characterized by slower growth compared to other G7 nations, increased trade barriers, and a persistent, unresolved national identity crisis. Manufacturing has suffered from new customs requirements and rules of origin, though the services sector has shown resilience. Despite initial hopes for a deregulated "Singapore on Thames," the country has struggled to implement significant policy shifts due to internal political constraints. Future prospects now hinge on Britain’s ability to leverage its strengths in artificial intelligence and defense, though the nation continues to grapple with the long-term consequences of its departure from the European Union and the ongoing challenge of defining its role in a rapidly changing global landscape.

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