Dw News
@dwnews·6.3M subscribers·48.6K videos
How much is Brexit responsible for the UK's dire economic outlook? | DW News
Posted
January 31, 2023
Views
190,262
Likes
2,563
Comments
1,609
Engagement
2.19%
January 31, 2023
190,262
2,563
1,609
2.19%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
6:34Now PlayingIt´s 3 years ago that after a lot of wrangling, Britain finally left the EU. Before Brexit, economic experts warned that the economic consequences would be dire. Now, Britain is no longer a member of the single market but has to make do with a bare-bones trade deal. And it´s become clear that this causes problems mainly for smaller companies that used to trade freely with the EU.
Britain is the only G7 country whose economy is set to shrink this year, according to the IMF. A mix of problems like higher taxes, shortage of workers and surging gas prices are to blame - and the impact of Britain's exit from the EU three years ago is also seen as a unique drag. Brexit has been a nightmare for many companies in the UK.
Three years after the UK formally left the EU, one thing is clear: Brexit was always a political project. For many businesses across the country, any economic benefits are hard to find.
For more news go to
Follow DW on social media:
Für Videos in deutscher Sprache besuchen Sie
#Brexit #Britain #Enomomy
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
