The consequences of Brexit on the British economy have been less than favourable, prompting a growing desire for a new referendum on returning to the EU. A recent YouGov poll indicates that most Britons favour another Brexit referendum. Approximately half of the population prefers such a referendum within the coming decade. Furthermore, more than a quarter of the surveyed individuals endorse holding an early referendum by the end of 2023.
The British want to hold a new referendum.
In a poll conducted on August 8 and 9, 46 per cent of people said a referendum should be held in the next ten years, while 36 per cent said it was unnecessary. The poll also examines how far the Brexit deal has gone, although the results show little satisfaction. Just under a third (30%) thought Brexit was done, while almost half (49%) said it was not.
However, in a previous poll conducted between February 28 and March 1, only 18% thought Brexit was done, while 60% said it was not. When asked what they would vote for if there were another referendum on rejoining the EU, half of the participants said they would vote for rejoining. In contrast, 30% said they would vote to remain outside the EU, while 7% said they would not.
Support for a new referendum in 2023
Among those who voted to remain, there is overwhelming support for a new referendum, with 41% advocating for a referendum this year, 61% within the next five years, and 70% within the next ten years. In contrast, only 8% of Brexit voters favour a referendum in 2023, 16% within five years, and 20% within ten years.
Dissatisfaction with the performance of the UK government in Brexit
Brexit impact on the UK has caused economic problems for the British. Data collected by YouGov shows that dissatisfaction with the government’s handling of Brexit remains very high, with 72% saying the government has done a bad job. Six in 10 (62%) believe Brexit has been more of a failure than a success, and the majority (55%) say they were wrong to vote to leave the EU in the first place.
The support of Labor Party supporters for holding a new referendum
Beth Mann, a political researcher at YouGov, said: “It’s been over seven years since the EU referendum and nearly four years since Britain left the EU. While ‘Bregret’ is rife, there is no immediate appetite amongst Britons to reverse the decision. Just 26% would say there should be a referendum before the end of 2023, with 59% saying there should not be.”
Dissatisfaction of the British with Brexit
The impact of Brexit on the UK, particularly in recent months, has been markedly adverse. Poll findings reveal that in the seventh year since the Brexit referendum, a substantial majority of British citizens express dissatisfaction with the outcomes of this initiative and express a desire to rejoin the EU. Consequently, disillusionment has supplanted the initial enthusiasm for Brexit in the UK. Seven years after the Brexit referendum, the prevailing sentiment among most Britons is a yearning to re-establish ties with the EU.
Failure to predict holding a new referendum
Renowned political scientist John Curtice summarised in the Guardian on the seventh anniversary of the event that an average of 59% of people in the UK were in favour of re-entering the union. However, another referendum is not expected. As Curtice explains, three-quarters of then-Brexit voters will still make the same decision.
Different views of young people about Brexit
“Many people’s views about Brexit are firmly held,” Curtice wrote. A third of respondents agree with the status quo: 36 per cent do not want to return to the EU, and 34 per cent still think it would be the right thing to do, according to a poll by the Tony Blair Institute and Deltapoll. The think-tank, founded by former prime minister Tony Blair, emphasized that young people, especially now of voting age, are more pro-European than older groups of voters.
The damage of Brexit to the British economy
Brexit impact on the UK has made most English people hate it. Only one in ten Britons see Brexit as a success, according to a survey conducted by the London-based think tank UK in a Changing Europe. On the other hand, a majority of 52% of Britons believe that Brexit was not a success. As many believe, leaving the EU has hurt the British economy. Even among those who voted to leave, only 18 per cent said they were satisfied with the outcome.
Brexit shook Conservative credibility.
Polls indicate that the credibility of UK politicians has been significantly undermined, irrespective of their stance on Brexit. A substantial 75% of survey participants reported a recent loss of trust in British politicians. In light of this predicament, the Tony Blair Institute has called upon the government to embrace EU regulations concerning product standards and food safety voluntarily. This move could be a foundation for negotiating more robust trade relationships with the global community.
Relations between London and Brussels in the period of Rishi Sunak
London and Brussels became closer during Rishi Sunak’s prime ministership. Under former prime ministers Boris Johnson and Liz Truss, relations were severely strained. However, Britain’s Conservative government remains under pressure from hard-liners who want to use more of the manoeuvring space gained from Brexit and eliminate the membership day rules.
The UK’s losses from leaving the EU
The UK government has been unable to strike deals to offset trade losses with the EU. The promise that fewer people would immigrate to the UK after Brexit, which would automatically lead to better-paying jobs for Britons, also failed to materialize, and immigration increased. However, another public discussion about this is unlikely. British public perception of Brexit is entirely negative in the current situation.
Reduction of British exports and imports to the EU
After Brexit, British exports to the EU are 23%, and imports from the EU are 13% less than when the country was still a member of the EU. From Germany’s point of view, the balance is negative. The German Chamber of Industry and Commerce (DIHK) has called “Brexit an economic disaster for both sides of the channel.” While the UK was Germany’s fifth most important trading partner before Brexit, the UK is still in the top ten. The German economy also has a negative conclusion about this on the seventh anniversary of the British Brexit vote.
The majority of British people regret Brexit.
Britain is currently struggling with economic problems such as high inflation and the high cost of living. Economists expect that the financial crisis will be stronger and longer in the UK than in similar countries. According to one study, by 2030, Brexit will cost every British worker £470 a year, roughly €550. Many Britons believe that Brexit is not working in its current form and welcome the UK moving closer to the EU.
