Brexit and coronavirus: financial perspectives and future prospects

Abstract

The economic landscape of the UK has been significantly shaped by the intertwined issues of Brexit, COVID, and their interconnected impacts. The disruptions caused by Brexit and the COVID pandemic have created uncertainty and upheaval for both businesses and individuals. Whilst the effects of COVID are now receding, Brexit is still dominating headlines seven years after the referendum and is likely to do so for the foreseeable future. In this introduction, we provide an overview of the literature on Brexit. We review the reasons for leaving the European Union, as well examine the consequences of Brexit, with a focus on investment, economic growth, trade, unemployment, and financial markets. We then introduce the seven papers selected from the ‘Post Brexit: Uncertainty, Risk Measurement and Coronavirus Challenges Conference’ held at Birmingham Business School in June 2021, that advance the current literature on the effects of Brexit and COVID on the UK economy. Evidence in these papers suggests that Brexit and COVID are still clearly posing a severe strain on the UK’s economy. However, some papers suggest that not everything about Brexit has been detrimental, or at least certain sectors of the UK economy are displaying a marked resilience.

Publication DOI: https://doi.org/10.1080/1351847X.2023.2249961
Divisions: College of Business and Social Sciences > Aston Business School > Economics, Finance & Entrepreneurship
College of Business and Social Sciences > Aston Business School
Additional Information: Copyright © 2023 Informa UK Limited, trading as Taylor & Francis Group. This is an Accepted Manuscript of an article published by Taylor & Francis in Economics, Finance and Entrepreneurship on 30th August 2023, available at: https://doi.org/10.1080/1351847X.2023.2249961.
Uncontrolled Keywords: Brexit,COVID,uncertainty,contraction,resilience
Publication ISSN: 1466-4364
Last Modified: 07 Oct 2024 07:51
Date Deposited: 05 Sep 2023 09:13
Full Text Link:
Related URLs: https://www.tan ... 7X.2023.2249961 (Publisher URL)
http://www.scop ... tnerID=8YFLogxK (Scopus URL)
PURE Output Type: Editorial
Published Date: 2023-09-01
Published Online Date: 2023-08-30
Accepted Date: 2023-08-16
Authors: Bissoondeeal, Rakesh (ORCID Profile 0000-0003-3950-0507)
Binner, Jane M.
Milas, Costas

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Version: Accepted Version

Access Restriction: Restricted to Repository staff only until 28 February 2025.


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