SUMMARY
The Trade and Cooperation Agreement between the EU and the UK, was approved on December 24, 2020 and ratified by the UK Parliament on December 30. This zero-tariff, zero-quota trade agreement removes much of the uncertainty about the future of UK-EU relations. In this report, The Economist Intelligence Unit examines the medium-term impact that Brexit could have on nine sectors that are highly intertwined in global value chains.
These sectors are: automotive, life sciences, financial services, technology, consumer goods, food and agriculture, travel and tourism, aerospace and other services. By weighing up the risk factors and potential resilience of each sector, the authors assess which companies are likely to be most affected by Brexit and which are best equipped to adapt.
Report by The Economist Intelligence Unit.
