SECOND TAKE
BLOOMBERG OPINION: First 100 days of Brexit brings few lessons
Pandemic has overwhelmed the short-term results of quitting the EU
14 April 2021 - 14:19
What lessons can be drawn from the first 100 days of Brexit? Fewer than one might wish. The chaos of recent months underlines the difficulty, and maybe the pointlessness, of even trying to make forecasts amid such uncertainty.
For a start, the pandemic has overwhelmed the short-term results of quitting the EU. All those calculations of the effects on Britain’s growth, trade and employment have been rendered null. Thanks to Covid-19 the British economy has slumped, trade volumes have crashed, and many jobs have disappeared perhaps never to return...
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