The Brexit bandwagon continues to roll on, and whilst the process of negotiating Britain’s exit from the EU has been ongoing for quite some time, no hard facts and figures have so far been released to the general public.
There have of course been leaked Brexit effect documents released, however those who are sat around the negotiating table in Brussels are certainly keeping their cards close to their chests, for most members of the general public in the UK are still blissfully unaware as to whether there will be a Soft Brexit or a Hard Brexit.
In fact the UK Chancellor of the Exchequer appears to be making things up in regards to Brexit and keeps putting his foot in it and saying things that Theresa May is saying the exact opposite of, and as such that is confusing things even more for those in the UK who are trying to make sense of it all.
It does appear that after the UK does leave the EU there is going to be something known as a transition period, to allow everyone concerned in both the EU and the UK to get used to the UK leaving.
However, even the transition period is causing confusion for no one knows yet just how long it will be in place for and many people are seriously concerned that the UK will be bound by EU law for the transition period, but will not have any say in any laws an regulations passed in that transition period.
Quite a lot of people including backbench MP’s are saying enough is enough and that the UK should just leave on the agreed Brexit date and simply go it alone, as that way they are then not going to be forced to have to pay into the EU during any transition period nor be bound by their laws and regulations of which they will have no veto on during that transition period.
The value of GBP is also being dramatically affected by the Brexit negations and the lack of information being released, whilst over the last few days there has been a small increase in its value when compared to the Euro and the US Dollar for example, it has dropped dramatically in value over the last year or so when Brexit as voted in.
However, that has had an effect on exports from the UK with many businesses reporting an increase in sales overseas, but not only that more and more people are no visiting the UK due to the weakness of GBP and as such their tourist industry as a whole has been performing very well.
It is going to be a case of wait and see I would expect for neither the EU or the UK is going to be revealing any finer points of their negotiations until every one of their individual demands, on both sides, have been finalised and agreed on and met. But I will of course keep you up to date with any developments when they are finally made known!