5 years after Britain left the EU, the full impact of Brexit is still emerging

5 years after Britain left the EU, the full impact of Brexit is still emerging

SeattlePI.com

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Friday marks five years since Britain left the European Union at 11 p.m. on Jan. 31, 2020. People and businesses are still wrestling with the economic, social and cultural aftershocks of a decision that divided the country. For businesses, Brexit has meant new red tape, costs and delays to trading with the 27 EU countries. Brexit supporters argue that short-term pain will be offset by Britain’s new freedom to strike trade deals around the world, though so far they have had only a minor impact. British Prime Minister Keir Starmer has promised to “reset” relations with the EU after years of acrimony. But rejoining the bloc remains a distant prospect.

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