Introduction

Three years after the Brexit referendum, opinions and perspectives on the decision vary widely. Opinions range from chuffed to bits to a cautious satisfaction, with many voters expressing that their expectations have largely been met. This article explores the views of those who voted for Brexit, focusing on the economic and political impacts, and reflects on their current sentiments.

Expectations and Reality

Many voters who supported Brexit initially expected a significant shift in the UK's politics and economy. However, their expectations often fell short of the sudden and drastic changes they had hoped for. The political establishment, particularly under a Prime Minister known for his reactionary approach, has maintained a steady course. This has left some voters feeling disappointed, but for others, the status quo aligns with their expectations.

For instance, an individual supporter of Brexit highlighted that while they did not anticipate the strength of the Tory establishment, they remain supportive of the decision. Their expectations were based on a measured analysis provided by institutions like the IMF and Treasury, which were often misrepresented by the media. Overall, these voters feel the economic impact and trade disruption were within the range they anticipated.

The Impact on Immigration

One of the primary reasons some voters supported Brexit was to halt the mass migration of Eastern European workers, whom they perceived as a burden on the UK's economy and social systems. Data from 2010 to 2020 showed an average of 350,000 such workers annually. While there have been some concerns about new migration, the overall trend suggests that these fears have been somewhat realized.

By leaving the EU, the UK has regained control over its borders, making it harder for Eastern Europeans to enter without appropriate documentation. This has helped protect UK jobs, the benefits system, and the housing market. This perspective on immigration can be seen as a significant win for those who voted to leave the Union.

Fiscal and Economic Benefits

The economic benefits of leaving the EU have also been noteworthy. The UK no longer subsidizes the EU, being the second-largest net contributor before Brexit. This has allowed the country to redirect funds towards its own priorities and needs.

The UK's trade balance with the EU improved substantially, with the UK reporting a boost of ￡38 billion annually since leaving the single market. Conversely, Germany, a major economy in the EU, saw a similar decline, highlighting the economic shifts brought about by Brexit.

Furthermore, many large multinational companies have moved their global headquarters to the UK, citing its business-friendly environment as a crucial factor. Companies like Shell and Unilever have led the trend, signaling a shift in corporate thinking and investment.

Control and Sovereignty

Brexit has not only affected economic ties but also granted the UK significant control over its legal, environmental, and regulatory landscapes. The UK now has more say in who can live and work in the country, and what rules govern trade with other nations.

Another significant benefit is the restoration of control over the country's waters and fishing rights. This has implications for fishing industries and could lead to new opportunities in the region. Additionally, the UK is perceived as a more attractive market for investment, as evidenced by BNP Paribas encouraging their customers to invest in British companies and avoid the Eurozone.

Conclusion

While some voters remain disappointed by the pace of change and some of the unexpected outcomes, others view Brexit as a successful move that aligns with their original goals. The economic and political impacts of Brexit have been complex, and opinions continue to vary. As the UK moves forward, it will be crucial to monitor both positive and negative trends to ensure that the long-term benefits of this decision continue to manifest.