Just as critics predicted, Brexit has led to inflation, labor shortages, business closures and travel snafus. It has created supply chain problems that put the future of British car manufacturing in danger. Brexit has, in many cases, turned travel between Europe and the U.K. into a punishing ordeal, as I learned recently, spending hours in a chaotic passport control line when taking the train from Paris to London. British musicians are finding it hard to tour in Europe because of the costs and red tape associated with moving both people and equipment across borders, which Elton John called “crucifying.”
According to the U.K.’s Office for Budget and Responsibility, leaving the E.U. has shaved 4 percent off Britain’s gross domestic product. The damage to Britain’s economy, the O.B.R.’s chairman has said, is of the same “magnitude” as that from the Covid pandemic