March 25, 2023

Brexit: 3 years after leaving the European Union, the United Kingdom has the worst economy among the rich countries

  • author, Dharshini David
  • roll, BBC News correspondent

credit, Getty Images

Illustrative image,

British companies had to contend with new rules and bureaucracies

Three years have passed since the United Kingdom left the European Union.

Since then, there has been a pandemic and an energy crisis – which makes it difficult to understand the impact of Brexit on the British economy.

Recently released official data indicates that the impact has been significant – but not in the way many expected.


With the UK leaving the single market and the EU customs union in 2021, businesses trading with the EU have had to contend with new rules and bureaucracies for some goods.