Abstract
In the UK as a whole, more than 2.5 million jobs are exposed to the trade effects of Brexit
• Annually, almost £140 billion pounds of UK economic activity is directly at risk because of Brexit
• Many important manufacturing and primary industries are highly exposed to Brexit, but so are many services industries (and not just the financial services industry)
• These services are not only exported directly to EU countries, but also sell intensively within domestic supply chains to UK manufacturing firms exporting to the EU
• Workers in the jobs at risk are on average slightly more productive than the average British worker – Brexit is likely to exacerbate the UK’s productivity problems
• The data on which this report is based are publicly available so the UK government could easily have undertaken this analysis itself
• Annually, almost £140 billion pounds of UK economic activity is directly at risk because of Brexit
• Many important manufacturing and primary industries are highly exposed to Brexit, but so are many services industries (and not just the financial services industry)
• These services are not only exported directly to EU countries, but also sell intensively within domestic supply chains to UK manufacturing firms exporting to the EU
• Workers in the jobs at risk are on average slightly more productive than the average British worker – Brexit is likely to exacerbate the UK’s productivity problems
• The data on which this report is based are publicly available so the UK government could easily have undertaken this analysis itself
| Original language | English |
|---|---|
| Publisher | University of Birmingham |
| Publication status | Published - 11 Dec 2017 |
Keywords
- Brexit
- Economic impact on industry