The impact of Brexit on London will reduce the UK's north-south economic divide over the next three years, according to a report by the accountancy firm EY. A new study from EY shows that London's economy is likely to be more integrated with its neighbours in Europe and beyond than it was before Brexit. The accountancy firm EY, despite warning of a weaker outlook for almost every region through to 2021 amid continuing Brexit uncertainty, said London would no longer continue to grow at a much faster pace than the rest of the country. The report says that the services sector will be most affected by the decision to leave, while a stronger manufacturing industry elsewhere in the country will help to reduce the gap.
The impact of Brexit on London will reduce the UK's north-south economic divide over the next three years, according to a report by the accountancy firm EY. A new study from EY shows that London's economy is likely to be more integrated with its neighbours in Europe and beyond than it was before Brexit. The report says that the services sector will be most affected by the decision to leave, while a stronger manufacturing industry elsewhere in the country will help to reduce the gap.