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resulted in lower innovation and
productivity for the investments. The
decrease in investment resulted in
poor performance in the stock market
of UK.
Some have been dependent on the
UK leaving the EU when many
developing economies are already
facing multiple shocks; lower oil and
commodity prices, a stronger US
dollar and a slowing Chinese
economy. Countries such as Uganda,
Kenya, Bangladesh, Nigeria etc. are
severely affected, migration would
certainly have a huge impact on them
this could lead to a crisis, and many
unemployment, low wages, in-debt
situations etc. This would also lead to
a problem with the emigrates, it
would lead to a reduction in
immigration. Moreover, it could also
lead to the segregation of different
countries among each other. Besides
Brexit, it would slow the UK growth
and the value of the pound would
decrease: the falling in pounds would
cut the real value which Britain would
raise the prices in the shops and
eroding the real value of their
earnings and savings. As for the UK,
they would lose their depreciation, it
would lead to a weaker the exchange
rate for other exportation to other
foreign countries.
For financial service is a key impact of
Brexit, businesses, and households of
the European Union will suffer from
the loss of liquidity and increased cost
of financial services? Also for the UK,
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for financial service it would lead to a
negative consequence and would give
a severe impact, it would cause a loss
of businesses. Brexit harms growth
and job creation.
Brexit vote has created instability for
the UK banking sector and the wider
economy. The UK economy has
entered a period of significant
uncertainty. In Conclusion, the
outcomes of what Brexit has to lead
to an overall had decreased and
changed the position of many
countries and their standards of living,
in some circumstances it has an
overall effect of the financial, social-
economic impact of their lives. Living
standards in England and Northern
Ireland tend to suffer from Brexit.
Brexit is costing the economy
millions, it has had a financial disrupt
to the pound values especially. The
economic crisis could lead to unequal
economies leading to inequality if the
financial drops down like this in the
UK. There has also been an increase
in poverty rates among working
families, caused primarily by falling
real earnings.
Brexit has led to European instability.
As a whole world, Brexit has to lead
to Europe weakening, it has declined
export and import, and also it has led
to many corruption in many services
such as financial, banks, businesses,
foreign workers or even those who
are unemployed.
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