Overview

• Since Brexit, the UK has faced slowed economic growth, with exports lagging behind OECD averages and investment stagnating.
• Small and medium-sized businesses have been particularly affected by increased trade barriers and administrative burdens in EU trade.
• Immigration patterns have shifted, with fewer EU workers and a rise in non-EU migrants filling critical labor shortages.
• Prime Minister Keir Starmer aims to reset UK-EU relations, focusing on defense and security cooperation while ruling out rejoining the EU or its single market.
• Public sentiment has turned against Brexit, with a majority now viewing the decision as a mistake and favoring closer ties with the EU.