Brexit has caused several effects to the economy of UK. Some of the effects are positive while most of the effects are negative. All the countries are agreed that the act performed by the UK isn’t a wise act. However, UK isn’t accepting this mistake at any cost and they are saying that they have made a wise decision and they’ll not change it ever.
There several Analysts who have shown stated that how UK’s economy is damaged due to the Brexit. So, today we’re going to take a look at how this act has affected the shopping and trips abroad for Manchester and other UK Cities. The most remarkable thing is that the Brexit didn’t bring any positive results for Manchester United trips and Shopping tours from Ireland.
Brexit has severely damaged the tourism and shopping industry. Let’s take a look at how it has affected the tourism and shopping industry.
Due to the Brexit, the number of visitors has decreased significantly. There was a time when tourists used to come to UK and Manchester for vacation and they used to buy different equipment from here but now they are not allowed to come to the UK and most of them don’t even want to come here. Some of the visitors now prefer going to other countries for vacation which has affected the shopping and tourism severely.
UK and Manchester were earning a huge amount of money from these foreigners. The foreigners used to play a very important role in the growth of their economy but the now the things have changed a lot. UK’s economy has severely been damaged due to Brexit. You may take a look at how the GBP’s overall value was affected when they signed this treaty and it is still getting affected.
Some of the European countries have stopped trading with the UK and Manchester and now they are trading with some other countries. It has also caused some serious effects to the economy of UK and Manchester. The Ireland is also not much interested in trading with UK and Manchester. This is some kind of a boycott situation that UK and Manchester are going through.
UK and Manchester are not only facing the problems with exports but they are also facing a lot of problem with the imports. The situation is getting critical day by day and it is getting very difficult to maintain their previous value in this situation. They are trying to maintain relationships with other European countries but other countries aren’t much interested in it.
UK authorities must think about it now otherwise they’ll face a lot of economic issues in the future.