This British Seaside Town Is Dreading Brexit
August 16, 2018, 12:01 PM GMT+8
By Jill Ward
Bloomberg Businessweek
https://www.bloomberg.com/news/articles/2018-08-16/this-british-seaside-town-is-dreading-brexit
Bournemouth is an example of Brexit effect. Before Brexit, Bournemouth is a lively city with universities, white-collar workers and tourists. After Brexit, the city slowly face discerning signs like no university entrances from the EU, companies which chose other European Union cities for their new branches rather than choosing expanding Bournemouth one and lack of labor in tourism and medical industries. Even though there is no significant change in current Britain law, business people predict it would be difficult to maintain or expand their businesses so they choose alternatives other than staying in the U.K. Statistics shows the fact in numbers. The national economy growth rate is lower than other European Union countries and even among G7. Not growing means shrinking since others are growing. This uncertainty about Brexit was promised to be concrete until March 2019, but there is no clear conclusion between the E.U. Council and Britain. As long as uncertainly is still alive, negative effect of Brexit will continue.
