Download or read book Brexit - The Benefit of Hindsight written by Peace E. Ani and published by Troubador Publishing Ltd. This book was released on 2019-08-06 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: Three years after the UK’s momentous EU referendum vote, multiple Brexit Secretaries and three rejected deals, the question remains: what exactly does the UK want? The UK’s financial services sector is deemed to be one of the most vulnerable to the impact of Brexit, and the consequential effect on the rest of the UK economy could be devastating. Despite benefitting from access to the Single Market, a significant proportion of the financial services industry voted ‘leave’. But rather than being driven by anti-immigration or xenophobic sentiments, research indicates it was based on a rational assessment of the cost and benefit of the EU membership, influenced by the post-crisis regulatory reform. The industry is disproportionally impacted by Brexit due to the divergence of business models within the industry, based on the relative reliance on domestic, international or European trade. Brexit – The Benefit of Hindsight analyses a number of economic indicators to answer the unanswerable question: what does the UK want? Will the UK economy suffer in the uncertainty surrounding our future or will we emerge stronger?