Continental Europe is Britain’s biggest trading partner. In some ways it is plenty of one-way traffic because as we all know Britain actually manufactures very little. But the possibility that a trade deal with the European Union could take up to 10 years should send shockwaves through the European Union and the British government. The Brexit drive is being built on the need for Britain to become a major international trading nation and not so centred on the European Union. But if it takes 10 years to a sign a trade deal with Britain’s neighbours, how long is it going to take Britain to pen an agreement with other parts of the world? Six months after the Brexit vote it is becoming increasingly clear that the whole situation is a complete mess and Britain’s actual divorce could take years. This will create plenty of uncertainty both politically and economically. It could mean that British economic growth stalls or even contracts because of all the uncertainty which has been created. I do not believe that anyone who voted for Brexit would have thought that it was going to take so long to resolve the situation. It must be remembered that the British economy is still firmly centred around the European Union and the financial services industry.  There are going to be plenty of problems  ahead and my biggest concern is what will be the economic impact of this period of uncertainty, both for the European Union and of course the British government.

Related Tags


To be able to write a comment, you have to be registered and be logged in.

* Mandatory fields

Henry / Hace over 5 years

Any delay will be because of the EU slow mentality of working, which is why so many voted to leave an outdated, backward thinking economic part of the world - after 7 years Canada walked away and within a week they were called back to sign a deal. The way to deal with Brussels is to stop paying funds - we will pay what we owe when the deal is agreed. That will speed the bureaucrats up .


Anne / Hace over 5 years

Continental Europe is not Britain's biggest trading partner. Jason Moore derides Britain for manufacturing very little yet we are ranked 9th in the world and Spain only 15th. It only took the Australians 10 months to negotiate a trade deal with the US and they are keen to do a deal with us import our cars and export foodstuffs to us when they are out of season in the UK and vice versa. Stop scaremongering. Britain will be better off without interference from Brussels.


Henry / Hace over 5 years

Brussels will be slow, slow, slow !!! The best way for Britain is to ignore the rules and begin trading worldwide ... if Brussels are a "pain in the arse" which everyone knows they will be ... the longer they drag it out ... the more Brussels people with receive - large salaries, lucrative expense accounts and a greater pension pot . Hard Brexit and leave. See how long the Brussels bureaucrats survive without changing.


S. / Hace over 5 years

Agreed !. It is a complete ' MESS ' . I still predict a snap General Election occurring next year. Also, another Referendum will inevitably have to be effected to resolve the 'Brexit Mess'.