Explain How and Why .
Do not copy Turdy Tainted and just parrot material you do not understand .
I'll explain
UK immigration is at its highest ever point.
The rise is driven by non-EU students and people fleeing conflict and persecution in Hong Kong and Ukraine.
www.bbc.co.uk
"UK net migration hits all-time record at 504,000"
And for 2023 it was higher, 600,000 something.
So they push Brexit saying how they're "take back control", and they're the anti-immigration party, and they get EU citizens to leave, because migration from the EU is in the negative as nobody arrives and people leave, and yet you've got 600,000 people coming from Africa and India/Pakistan/Bangladesh area the most.
Because the pound dropped the day after the Brexit vote, it dropped between 9% and 15% on average.
GBP to USD currency chart. XE’s free live currency conversion chart for British Pound to US Dollar allows you to pair exchange rate history for up to 10 years.
www.xe.com
$1.40 was about a normal low in 2016, then it dropped over night to about $1.32 and in 2018 it hit a high of $1.42 and it's never gone back to that. Last year the high was $1.30 and a low of about $1.20
Imagine how much money the British people have lost. Everything they buy from abroad, they lose money on it. Every time they go abroad, they lose money, and millions of people go abroad to cook themselves in the Spanish or Greek sun every year.
Yes, exports are cheaper.... BUT (a huge butt here) the red tape has increased, so products cost MORE because of tariffs, because their truck drivers spend way more time at Dover and all the other costs. So.... profits are down.
The UK is losing an estimated £200 billion a year because of Brexit. Now, these aren't my estimates. My estimates are closer to £400 billion a year and that doesn't even include the drop with the pound which might push this up to £500 billion or £600 billion a year.