BREXIT in 2021

Abstract

The UK's withdrawal from the European Union in 2020, as well as the 2016 referendum, had a significant impact on the functioning of many economic mechanisms and even on the lives of people in the European Union and the United Kingdom. The tightened scope of work after the 2020 pandemic has only worsened the state of many enterprises. Consumers faced heavy taxes on imported goods and services, as well as restrictions on movement between countries. The article presents a detailed analysis of the consequences of Brexit for different parties of the negotiations, as well as illuminates the situation in 2021. As you know, everything has become even more complicated with the pandemic. In recent years, it has become increasingly difficult to reach a reasonable compromise on how to get out of this crisis: the UK economy is shaken by shortages of medical equipment, hospitals, and resources to save enterprises from COVID-19, while the introduction of new taxes on trade with the European Union is becoming more complicated due to Brexit.