More than two years after its exit from the European Union, the United Kingdom is beginning to see the economic consequences, while the pandemic has masked its effects, for months.

According to this study, Brexit will have consequences on the competitiveness of the country, which is becoming a much more closed economy.

Over the next decade, the UK will have lower productivity, at a rate of around 1.3% per year. Workers will also pay a heavy price.

Wages will fall by 545 euros, per person, per year. Some sectors will be more affected than others. Fishing is expected to decline by 30%, due to difficulties in exporting to European customers.