Impacts of Brexit on UK and EU

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The study examines the significant political and economic impacts of Brexit on the UK, highlighting a greater effect compared to the EU. Since the referendum, UK domestic politics have become highly polarized, with divisions among political parties and the public. Economically, the UK has faced a 19% decline in foreign direct investment, a drop in currency value, and falling property prices. The analysis suggests that the UK must navigate new trade tariffs and emphasizes the importance of public opinion in addressing the ongoing challenges, proposing that remaining in the EU could mitigate further economic issues.