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Almost seven years on from the Brexit referendum, there remains uncertainty over the future UK-EU relationship. Reflecting on the lessons from the last seven years, Neil Kinnock argues there remains a clear case for the UK being an economic, political, social, scientific and cultural part of the Europe of the future.
The spectacular collapse of the pound against the US dollar has shattered the illusion that Britain is entitled in perpetuity to special status among the world elite.
THE Tories, by the time sterling hit an all-time low of $1.0327 on Monday, had from their political driving seat seen a fall of nearly one-third in the pound’s value against the greenback since June 23, 2016.
Brexit after Boris 31/07/2022
Boris Johnson became prime minister on the promise that Brexit would bring prosperity and pride. Did it?
Immediately after the referendum, sterling depreciated. This brought forward the impact on household incomes of what would otherwise be a slow burn change for the UK economy.
From the outside, nothing much has changed yet. From the inside, however, the UK has undergone a radical and at times ugly transformation. The June 2016 referendum has helped set off a chain of events that has impacted many aspects of life in the country.