BartSimpson BartSimpson:
There will be adjustments, certainly, but most of those adjustments are going to involve British firms bringing their operations back to the UK from the places in the EU they outsourced them to at a cost of jobs in the UK.
You have to be pretty damn naive if you think any corporation has a territorial 'home'.
Each and every corporation involved is going to do cost analysis, not nationality analysis.
They are loyal to currency, and sweet fuck all else, least of all lines on a piece of paper.
$1:
Also, the UK will be free to exercise significant tax advantages over their EU competitors.
The tax advantages required to replicate a consumer base difference of this size are currently impossible. UK would have had to have their pre-Brexit tax rates at equal to EU's (if not higher) prior to leaving. As of now, their tax rate is already lower than most of EU, so if business' weren't already moving, their not going to when UK drops it a few points further, and EU retaliates.
This was not a well thought out Brexit.