So Who Exactly Has the Most to Fear From Brexit?

Even though the UK supported Brexit, various sections across the British society are now becoming gloomy about their prospects. Agriculture and academics are the worst affected areas as Brexit is coming close. The divorce between the EU and the UK had to come at a very high price. The British are realizing the impact of this event, even those who were considered hard Brexiteers.

Brexit Britain

Farmers Feel the Burn of Brexit

 

UK farmers have been considered hard Brexiteers but they are now cautious about the results the divorce may bring. As reality comes crashing down, the National Farmers Union (NFU) has fall to alarmingly low levels. The confidence level of the farmers was once raging high at 19 points as Brexit deals were being fixed. Now the confidence, level is barely above zero. The scale ranges from -100 to 0 on the negative side and 0 to 100 on the positive side. As the measurement is going down consistently, farmers have started to develop a gloomy outlook of the same.

20 percent of the farmers have suggested a decrease in their investment. Only about 10 percent of the farmers could be increasing their investment in 2018. NFU President Meurig Raymond said, “Farmer confidence is absolutely critical to the future of a profitable and productive food and farming sector.” The incoming government after the snap elections on June 8th will have a hard time with farmer problems.

Farmers are now waking up to the loss of a 3-billion-euro subsidy they received each year from EU. The rural population believed that UK could effectively compete with EU countries if allowed to work independently. However, status of the subsidies remains unsure. Now that the access to the single market has been denied to these farmers, British exports will suffer.

UK Brain Drain

 

The UK academic culture could be facing a brain drain threat. 1300 academics have said goodbye to these British universities in the past one year alone. The Freedom of Information act has also released new information about 30 percent EU staff has departed from British universities in the last two years alone. The worst affected was Cambridge University with 184 staff departures and Edinburgh University with 96 staff departures.

A total of 1,393 staff has left their respective positions in 64 universities in UK. All departures are not due to Brexit fears. However, the government’s refusal to take a firm stand on EU nationals in the UK can affect the retention process.

As the pros and cons of Brexit have started weighing in on the British populace, a sense of discomfort prevails in the atmosphere.