London Registrars

  Marked six years since the vote of the UK electorate to leave the European Union (EU). Unsurprisingly, the debate about the relative merits of Brexit and the state of the project so far continues to rumble on – both within and outside the UK. But what has the impact been to this point on the UK’s renowned financial services sector? How have UK households been affected? And what are the likely prospects for the country looking forward? A significant effect on the UK economy… Even prior to Brexit itself taking place, and the change in the economic relationship between the UK and the EU that occurred with the Trade and Cooperation Agreement (TCA) taking effect in January 2021, plentiful evidence pointed to the referendum result having had a noticeable impact on the UK economy. As noted by Dr Swati Dhingra and Dr Thomas Sampson for the independent research organisation UK in a Changing Europe, the available evidence suggests that the UK economy was already approximately two t...