The post-Brexit U.K. is not as optimistic as many thought it would be with an estimated long-term drop of 4 percent in GDP as the cost of leaving the EU.
This drop have not accounted for the economic cost of COVID-19. Labor shortages are ongoing challenges with many industries relying and EU workers.
Trade with the EU is also down, with many small businesses finding it harder to export.
With Brexit is the wish for higher sovereignty but the fact on the ground is a less sovereign U.K. This can be seen from the migration, climate change, innovation, and the battle against coronavirus or foreign policy.
Brexit was more about sentiments and perception. UK was always about market capitalism, which as we all know is based on economies of scale. With each country is getting more interdependent than before, it is a pool of sovereignty that gives countries more tools to protect the interests of its people and businesses.