Bizarrely, the areas of Britain that voted in favour of Brexit seem to be most likely to suffer a downturn as a result. They were miserable already, they clutched at the straw of a Brexit and now they'll be even more miserable. See:
www.thetimes.co.uk/edition/comment/brexit-heartlands-want-someone-else-to-pay-pthzgl35g
quote
Take Grimsby. It’s one of the most deprived areas of Britain; it hasn’t flourished in the decades since we joined the EU and it voted by 70 per cent to 30 per cent for Leave. Two weeks ago the anxious representatives of one of the town’s biggest remaining industries, seafood processing, went to Westminster to petition MPs to grant Grimsby the exceptional status of a free trade port when we leave.
Grimsby is desperate to avoid the imposition of post-Brexit tariff barriers, delays and customs checks on its fish business, because it imports 90 per cent of its fish fresh from Europe. It is also worried about losing the 20 per cent of its workforce that comes from abroad. If Brexit goes ahead without any special concessions to Grimsby then an industry that includes Young’s and The Saucy Fish Co, and that employs 5,000 people, fears it will lose its competitive edge to rival centres in Germany and France.
In South Tyneside, which backed Leave by 62 per cent to 38 per cent, the local council is also seeking protection from the results of Brexit. Last week the think tank IPPR North revealed that leaving will hit the north much harder than London; in an area that’s already substantially poorer than the south, more than 10 per cent of the region’s goods and services are dependent on EU trade, compared with 7 per cent in London.
It’s the same pattern in care homes or hospitals, where the elderly who voted 64 per cent to 36 per cent to leave are going to be worst affected by the fact that the flow of EU nurses has fallen by 90 per cent in 12 months. Before the vote they made up a third of new nurse registrations.
Or take the waste-management firm in the Midlands, located in a sea of Leavers, that now can’t get European firms to renew their five-year deals on taking unrecyclable waste to use as fuel, because nobody knows what the post-Brexit trade terms will be.
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