London Daily

Focus on the big picture.
Thursday, Aug 20, 2026

UK marks gloomy third year Brexit anniversary

UK marks gloomy third year Brexit anniversary

Britain has marked the third year anniversary of its historic break with the European Union in somber conditions.
Gripped by a grinding cost of living crisis, the country has few reasons to rejoice, with the International Monetary Fund offering grim predictions for its economic outlook on Tuesday.

According to its latest forecast, Britain will be the only major economy to suffer a recession this year, with its economy shrinking by 0.6%.

Even Russia, which is at war and slapped with a raft of international sanctions, is expected to grow.

Britain has struggled for months with inflation exceeding 10%, fueling historic industrial unrest and pushing many households to the brink.

On Wednesday, the largest wave of strikes in 10 years is expected, with education and transport particularly affected.

Three prime ministers succeeded each other last year, and Northern Ireland is politically paralyzed as London tries to convince Brussels to reconsider its post-Brexit status.

Despite promises of border control and successive anti-immigration plans, illegal crossings of the Channel are constantly increasing.

Three years after Big Ben chimed at 11:00 p.m. to mark the divorce, Brexiters’ promises of more freedom seem a long way off, and there is a growing sense of Brexit regret or “Bregret” among the public.

According to an Ipsos poll published on Monday, 45% of Britons believe that Brexit is going less well than expected — compared to only 28% in June 2021. 9% think the opposite.

Ousted from Downing Street last summer amid an avalanche of scandals, Boris Johnson displayed the same ironclad optimism that enabled him to win elections in 2019 and achieve Brexit after years of political psychodrama.

“Happy Brexit Day!” he tweeted with a video where he calls to “put aside all this negativity I hear about Brexit and remember the opportunities ahead”.

Inside government, enthusiasm remained more measured and Prime Minister Rishi Sunak, himself a Brexiteer, underlined the “enormous progress made in exploiting the freedoms offered by Brexit”.

Even though the COVID pandemic and Ukraine war have considerably worsened the situation, there is considerable evidence that Brexit has damaged the economy.

According to the public budget forecasting body OBR, leaving the EU will reduce the size of the UK economy by around 4% in the long term.

However, there is little political appetite for going back

The Conservative party remains committed to Brexit. Meanwhile, the Labour opposition, considerably ahead in the polls less than two years before the next election, is keen to avoid toxic debates around the issue

Anxious to appeal to working-class Brexit voters, Labour leader Keir Starmer says a return to the EU is not on his agenda and the matter has been settled.
Newsletter

Related Articles

0:00
0:00
Close
Prince Harry and Meghan to Move Back to Britain With Their Children
England and Wales Have Fewer Than 1,800 Prison Places Left for Men
Suspected People Smuggler Arrested After Investigation Identified Him
Children's Doctors Warn That Vaping Can Lead Young People to Smoking
Hundreds of Thousands of Students Receive GCSE and Vocational Results Across England, Wales and Northern Ireland
Here Is What Can Never Happen in Your Country: Taiwan Is Giving Money to All Its People Because It Collected Too Much Tax
UK Inflation Rises to 2.9% as Energy Bills Jump
UK Issues New Conduct Guide for Asylum Seekers on Consent and Respect
Moderna Shares Surge After Positive Personalized Skin Cancer Trial Results
UK Markets Watch US National Debt Surpass Forty Trillion Dollars
UK Broadcasters Urge Government to Invest in Digital Participation and Broadband
CVC Capital Partners and Standard Life Launch Two Billion Pound Pension Risk Transfer Venture
UK Private Sector Productivity Growth Accelerates in Second Quarter
UK Foreign Secretary Ed Miliband Condemns Israeli E1 Settlement Tender
UK Watchdog Investigates Trainline, Virgin Atlantic and RED Driving School Over Hidden Fees
Prince Harry and Meghan Markle Plan Move to Private Home Outside London
UK Retail Sentiment Improves as Summer Spending Boosts Consumer Confidence
UK Aid Cuts Draw Warnings From Charities Over Humanitarian Consequences
UK Financial Conduct Authority Issues Guidance for Motor Finance Redress Scheme
UK Met Office Launches Aviation Programme to Reduce Climate Impact of Persistent Contrails
Former UK Civil Service Chief Received Record 500,000 Pound Severance Payment
West Midlands to Bring Bus Network Under Public Franchising Model
UK Government Drops Plan to Relax Affordable Housing Requirements After Backlash
UK Reaffirms Military Support for Ukraine Despite Russian Hybrid Warfare Threats
UK Technology Sector Expands Nearly 8 Percent as Digital Industry Outpaces Wider Economy
UK Drought Threatens Harvests Across England and Wales as Food Inflation Risks Persist
UK Government Pledges 442 Million Pounds to End Rough Sleeping by Christmas
UK Government Signals Willingness to Reconsider Digital Services Tax Amid US Tariff Threats
UK Inflation Rises to 2.9 Percent as Energy Costs Threaten Economic Recovery
NHS Hospitals Cancel Surgeries as Extreme Heat Pushes Ward Temperatures Above 40 Degrees Celsius
UK Heatwave Forces Emergency Measures as Wildfire Risk, Hospital Disruption and Drought Intensify
A Sleepless Night on Wall Street: Nasdaq to Begin Nearly Round-the-Clock Trading
"The First in the World": 69-Year-Old Protested Artificial Intelligence—and Went to Jail
Ukraine's Ousted Defence Minister Calls for Wartime Presidential Election
UK Marks Ten Years of Night Tube as London Weekend Usage Exceeds Eighty-One Thousand Journeys a Night
Met Office Issues Thunderstorm Warnings Across Northern Ireland Over Flash-Flood Risk
Frasers Group Raises Stake in Hugo Boss to Nearly Forty-Eight Percent
Scottish Clyde Marine Pilots Prepare for Strike That Could Disrupt Glasgow and Greenock Shipping
Twenty Passengers Injured After Southern Train Derails Near Lewes in East Sussex
Government Rules Out High-Speed Rail Revival Between West Midlands and Northern England
West Midlands Bus Network Returns to Public Ownership in Twenty-Four Million Pound Deal
UK Competition Watchdog Targets Trainline, Virgin Atlantic and RED Driving School Over Drip Pricing
Northern Ireland Health Minister Mike Nesbitt Resigns After Dispute Over Causeway Hospital Surgery Closure
UK Long-Term Government Bond Yields Rise to Five Point Eight Five Percent as Borrowing Costs Surge
UK Government Overhauls Planning Rules to Push Housing Development Near Major Transport Hubs
UK Health and Economic Pressures Highlight Wider Strain on Households and Public Finances
UK Prime Minister Andy Burnham Reaffirms Full Support for Ukraine Amid Russian Warnings
Sainsbury’s Suspends Live Facial Recognition at London Store After Customer Misidentified
Artists Urge UK Prime Minister Andy Burnham to Reject New North Sea Oil and Gas Licensing
UK Government Awards Four Hundred and Fifty-Six Million Pound Civil Service Training Contract to EY and KPMG
×