Government Intervention Post Brexit in the Retail Sector of the UK

Brexit
Table of Contents

INTRODUCTION.................................................................................................................................3
Task.......................................................................................................................................................3
Government intervention post BREXIT............................................................................................3
CONCLUSION.....................................................................................................................................7
REFERENCES......................................................................................................................................8
INTRODUCTION
Business environment is a sum of various internal and external factors that put an
impact over the business operations of company. This report is based on the case study of

BREXIT impacts over the retail sector of United Kingdom. Henceforth, report will emphasis
over various impacts BREXIT has created over the retail market of United Kingdom. What
was the government intervenes post BREXIT will also discuss over the retail sector. Different
theories of welfare economics will be discuss to better understand the impacts BREXIT has
created over the entire retail sector.
Task
Government intervention post BREXIT
BREXIT has been one of the major event happened in context to the United
Kingdom. This event has made many interventions of government in the corporate sector
also. This event has caused to many restrictions and changes in the trade policies. Different
theories related to the welfare economics will provide a clear overview about the
interventions government has made in the retail sector post BREXIT.
Pareto Optimality theory
This theory of social welfare gives huge emphasis to social welfare in society. This
theory also gives proper respect to criticism in order to spread social welfare in society. After
the BREXIT has happened some interventions government has opposed in issuing licenses,
business expansion and other restrictions government has opposed over businesses. After the
interventions many criticism of economist, media and people of United Kingdom government
has to face. This theory also supports criticism as this project that even criticism makes things
better and productive. All such good areas that are criticised must be over look by
government and improve. This theory also suggests the self evaluation of the policies
government has made related to the BREXIT and to make necessary changes to improve the
significance of such policies and strategies (Barr, 2020). Government in United Kingdom has
faced my restriction due to BREXIT like trade restrictions all this government interventions
in form of license and other interventions has allowed the government to control the entire
situation for the betterment of the country. Economic growth play a crucial role for the
government and all decisions of government support the economic growth of country.
BREXIT has impacted in a negative manner to the economic growth of United Kingdom as it
could imposed some restrictions over the corporate sector of United Kingdom. Trade
restrictions always criticised by government as it also causes to economic deficit of country
and also the slower growth of gross domestic product of country. This theory of welfare