Data Analysis: Assessing the Economic Impact of Brexit on the UK

This report provides a detailed analysis of the impact of Brexit on the UK economy, focusing on key economic indicators such as unemployment, foreign direct investment (FDI), inflation, and immigration. The study employs data collected from various online sources and utilizes tools like Excel for data processing and analysis. The results indicate that Brexit has had a significant adverse effect on the UK economy, particularly noting a decline in FDI and fluctuations in average inflation. The report concludes that Brexit has negatively impacted the overall economic position of the UK, reducing disposable income and necessitating improvements for future growth. Recommendations include boosting business practices and supporting entrepreneurship to stimulate economic recovery and stability. The research references several books and journals to support its findings and analysis.

Data Analysis Tools
and Application

TABLE OF CONTENT

INTRODUCTION
 Brexit is one of the significant situation that has major level of impact on the overall
functioning on the UK economy.
 The main reason behind the selecting of the particular topic is that it helps in gaining the
reliable insights about the factors which get affected due to the Brexit.
 This is interesting as various form of the aspects can be analyzed which got affected from
Brexit and has major influence on the positioning of particular economy which is the main of
the conducted study.

AIM AND OBJECTIVES
Aim
 The aim of this study is to find the ways in which Brexit has affected the
economy of UK.
Individual Analysis Objectives
 To understand the concept of Brexit and what it proposed the business.
 To analyse the Brexit and how it affected the economy.
 To utilize data and information to understand the trends in UK economy
fluctuating after Brexit

DATA ANLAYSIS
 Data collection:
In this study websites available on the internet has been taken into the consideration so that
accomplishing the objective of identifying the impact of Brexit on UK economy has been identified.
 Preparation
In order to have effectual procedure regarding data collection, cleaning, data processing that is being
done by using the excel and project management tool so that significant information by analyzing the
collected data can become possible.
 Analysis
The main reason behind the application of this research analysis technique is to receive the accurate
information so that concise attaining of objective such as understanding concept, impact of Brexit on
economy, etc. has been exerted in effectual pattern.

RESULTS
 From the collected data regarding the unemployed people, foreign direct investment benefit of
FDI to the economy, average inflation and sum of immigration it can be analyzed that the
particular economy affected majorly.
 FDI has inclined in the year 2015 which articulates that particular economy has been adversely
affected as there were negative influence happened due to the Brexit.
 Average inflation has been recovered which has bene obtained because of the occurrence of Brexit
situation which has inclined its overall impact.
 This tends to influence the supply of innovation practices so that significant functioning has not
become possible.

CONCLUSION
 On the basis of the above report it can be concluded that Brexit is one of the adverse
situation which has adversely impacted the overall position.
 In the current investigation the focus has been provided on having the significant
identification of the various aspects which are helpful identifying the factors that is
leading to have negative impact on the organizational performance
 It has reduced its overall people disposal income which shows the requirement of
improvement in turn effective results for the growth & development can be derived.

CONTINUED
Recommendations
There are various actions which can be taken into the procedure by particular economy so that
accomplishing relevant performance to derive its overall performance effective pattern can become
possible. The main reason behind the application of requirement of recommendations is to get effective
results which can eliminate irrelevant results arising due to Brexit.
 The one of the significant action which can help in overcoming the unemployment situation is to
boost the business practices. It can be exerted by sources of funds to boost the morale of entrepreneur
to start he business. The main reason behind the application of particular strategy is to boost the
economy by ensuring relevant flow of money to get higher profitability and stability.

REFERENCES
Books and Journals
 Bloom, N. and et.al., 2019. The impact of Brexit on UK firms (No. w26218). National
Bureau of Economic Research.
 Pandzic, L., 2021. Impact of brexit on uk-eu trade relationship. Ecoforum Journal. 10(1).
 Pollard, J.S., 2021. Brexit and the wider UK economy. Geoforum. 125. pp.197-198.
 Portes, J., 2022. Immigration and the UK economy after Brexit. Oxford Review of
Economic Policy. 38(1). pp.82-96.