Decades and expectations for decades are ready to be measured on a real scale as Britain packs its farewell boxes to the European Union. While UK citizens are showing a mixed reaction - some are happy to feel liberated and others are busy counting the potential negative effects on them, the outside world is terrified. Without further ado let's take a look at some of Brexit's most significant effects in the UK and around the world. Economic results:So, here Economics Assignment Help in UK to help you.

1. Brexit has managed to clear $ 2 trillion in the global market. This has come down as a quick blow, perhaps due to panic or anticipation of further losses but this actually happened. It is said to have dropped by $ 1.50 trillion a year. Really great statistics

2. The British pound saw its worst day. On Friday morning from $ 1.50 against the US dollar to just $ 1.33 made FX traders face a nightmare of their lives.

3. The 8% decline in the pound is a major warning that the UK will see inflation in the coming days and more expensive imports.

4. The poorest citizens of the UK will face greater economic hardship as the cost of living will increase in the coming days.

5. The shocking financial model indicates that there will be a 2.3% increase in CPI which will increase the cost of living in poor households by 3.3% and the richest people (who make up 10% of the population) will see 1.6% of the cost of living.

6. London's stock market began to lose momentum but regained its final position by 199 points or removed 3.1% among the clouds predicting future recession. The UK, on the edge of the economy, did not expect such a negative impact.

7. The S&P 500, a broad US stock index, fell by 76 points to 2,037 points.

8. France received a major shock with its CAC slipping by 8%.

9. Wall Street is said to have experienced its one-day collapse in ten months. The Dow Jones Index dropped by 608 points, or about 3.4% to 17,402.

10. The Nikkei Index of Japan is said to be facing its worst collapse since the 2011 Fukushima disaster.

11. Moody’s, a debt rating agency, cuts its own rating of negative rating due to the economic crisis caused by Brexit. There are predictions of a negative impact on the global economy and Moody is of the view that unless the UK negotiates a trade agreement that repeats its current access to the same market, the rate will continue to deteriorate. The country is in danger of being demolished.Read more by visiting : Assignment Help.

12. The depreciation of the pound provided access to Indian investors to acquire assets in the UK at cheaper prices.

Political implications: 1. The Prime Minister of the United Kingdom David Cameron has tried to maintain order in the government but has soon lost his political influence. He announced his plans to step down in October. The Conservative Party is likely to be shattered by a referendum that completely contradicts their plans and will have to call a new election.

2. Geopolitics may go awry in the future with the late Cameron. From a Labours party can come a person with a euroskeptical nature and the bonds they have kept with the US could soon fail. Boris Johnson could be the next leader if a new election is needed.

3. There could be conflicts between UK countries and they may lose their unity. Scotland and Northern Ireland had sponsored a stay in the UK since the Scots had never wanted British rule. There may be more Independence polls in the future.

Immigration: 1. The UK will gain full control over its immigration issues. There will be no worry about open border policies that will be burdened. It will be able to filter and control the number of immigrants it wants to import.

2. EU citizens living in Britain and British citizens living in one of the EU countries will need to renew their immigration status.

3. Travel costs from EU countries to Britain and vice versa will increase significantly and people will not have easy access to other areas.

4. Companies operating in the EU as well as in Britain will have to ensure that they comply with the two international laws.

5. Compliance with the parties on each side may not be possible for all traders so trading with these companies will be suspended.

6. The UK will still need to accept immigration if it wants to continue trading with other EU countries which brings us to consider what the point of departure is if the immigration crisis continues.

Trade impacts: 1. Trade will suffer as companies will need to rethink policies in order to meet a set of guidelines for both parties. They will have to revive strategies to stay in the trade.

2. British imports will suffer greatly and are expected to decrease by 25% in the next few years.

3. One-third of the Indian investment in the UK is in the IT and telecommunications sector and now India will have to establish various European and British headquarters. Either India may be inclined to the EU or simple trade proposals from Britain only.

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