Welcome to the Bright Side of Brexit
Regardless of whether or not there’s trade deal, leaving the EU could help some U.K. industries. Here’s a brief guide.
The U.K. will control its fishing waters post-Brexit.
Photographer: Ian Forsyth/BloombergThis article is for subscribers only.
Britain’s exit from the European Union’s single market is expected to cause significant disruption and cost. Yet the upheaval is also supposed to yield opportunity.
The case for Brexit, which convinced a majority of voters in the 2016 referendum and helped Prime Minister Boris Johnson win power, leaned heavily on the purported long-term benefits of being outside the now 27-member EU. They range from new regulatory freedoms, an independent trade policy and a stricter immigration system to reinvent the labor force.