Economy after Brexit

Economy after Brexit
UK cut off from the world

Bank of England loses its position as the world’s most important bank. Greater focus shifts to national central banks in Paris and Frankfurt.

• Headquarters of multinational companies – the big players Canary Wharf – leave and relocate.
• UK politicians increase tax breaks for corporations and rich investors to encourage the Chinese and others to come. EU residents in the UK lose their status.
• London: Land grabbing for hundreds of glass tower blocks/skyscrapers stops. They remain empty.
• House prices fall.
• Because of London’s cultural institutions, tourism continues. It is possibly our only relationship to the US.
• Our present shambolic anti-people government accepts TTIP – England is fed to corporate lions to carve up and wreck.
• London is poorer/Whole country faces poverty.
• Tax breaks for the rich = more austerity

Which is what caused Brexit in the first place