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The Brexit pain: Cost of separation and the damage so far

The divorce from the EU looks set to be delayed and could be softened or even abandoned, but the cost of separation is already apparent.

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FILE PHOTO | A worker counts ballots after polling stations closed in the Referendum on the European Union in Islington, London, Britain, June 23, 2016. Photo: Reuters

Bloomberg
Britain’s vote to leave the European Union has already come at a cost regardless of where Brexit goes from here. Some of the damage is tangible, such as jobs, investment and capital; some of it less so, like international clout and talent.  
 
Prime Minister Theresa May’s defeat again in Parliament on Tuesday evening leaves Britain likely to seek a delay to Brexit. The EU needs to agree to it and officials in Brussels have warned there’ll be no further renegotiation.
 
Meanwhile, the threat of economic pain still looms over the country. The political impasse remains as entrenched as ever, even
Topics : Brexit