Impact of Brexit on the United Kingdom: Loss of foreign investment, Lack of technology, Shortage of skilled workers

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TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Example 1: Loss of foreign investment.......................................................................................3
Example 2: Lake of technology...................................................................................................4
Example 3: Shortage of high skilled worker or labour................................................................5
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Brexit term mainly refers ‘British Exit’. Basically, this term firstly introduced on 23rd
June, 2016 when United Kingdom implemented its decision of leave the EU (European Union).
Of course this step of local government has affected United Kingdom in both ways positively or
negatively. When the UK’s government announced that, United Kingdom is want to leave the
EU, on that time Claude Juncker (the EU’s ex-president) was not satisfied with this decision of
the UK’s government. According to Mr. Juncker, the United Kingdom will regret on day on its
decision of leaving European Union. This report mainly discusses impact of Brexit on the United
Kingdom by taking real examples. Some major aspects of Brexit also has been mentioned in this
report.
MAIN BODY
Impact of Brexit
There are Brexit has impacted the United Kingdom in both ways positively and
negatively (Wright, 2016). There are some real examples has been discussed below which shows
factors which are faces by the United Kingdom after leaving European Union.
Example 1: Loss of foreign investment
After leaving EU, the United Kingdom has faced this factor that, its foreign investment
has decreased after Brexit When the UK was a member of EU, on that time this country was able
to increase huge foreign investment with the support European Union’s extra-ordinary relations
with different Asian, African and American countries. Now the United Kingdom is able not able
to invite lots of MNCs to invest in own authorisation zone, because EU has the greater relations
with most multinational companies than the UK. Basically, this is the negative impact of Brexit
on this country. On other side, other European countries which still member of European Union
are also not like to invest in the United Kingdom because, these countries give higher priority to
the European Union in comparison of the UK. That’s why this country has faced lack of foreign
investment aspect in the past few years. Of course, local government is continually trying to
make effective relations within other developed countries which are not part of EU like; United
States, Japan, Australia, Canada, Russia etc. The main aim behind making effective relations is