Brexit has been a decade-long process rather than discrete events, and has had enduring effects on the United Kingdom’s economy and society, as well as affecting former partners in the European Union. While there is a broad consensus that the macroeconomic impact has been damaging to both sides, the incidence of Brexit on households, social groups and different economic sectors has been uneven. Overall, it has affected the UK more than the EU.
This research report from the LSE IDEAS Europe Initiative and the Friedrich Naumann Foundation for Freedom, authored by Iain Begg, distinguishes and critically analyses three broad categories – economic, social, and governance – of Brexit’s impact on the UK and EU. It examines the uneven effects on various economic sectors and groups, paying particular attention to how different categories of households are affected.