A quote from this excellent piece, neatly summarising a core impact of Brexit.
The Commission’s view, according to several sources, is that Brexit means existing distribution networks and supply chains are now defunct and will have to be replaced by other systems.
Brexit reality bites: The new dawn of trade friction via @RTENews https://t.co/p6VdlhZUAN
— Tony Connelly (@tconnellyRTE) January 9, 2021
More from Objective Columnist
London's status as a financial centre isn't as secure as some might think | Dan Davies https://t.co/q9SU7ra4oF
— The Guardian (@guardian) February 13, 2021
The extremely small minority of people who known anything about this who think that Brexit will be good for the City make a number of arguments which I shall address in turn...
1. They need us more than we need them. This is a variant of the German carmakers argument. And we know how that went...Business will follow the profit opportunity and if that has moved then so will the business...
And what do we mean by us / we. We’re not talking about massed ranks of Euro investing / trading etc blue blooded British institutions.
Au contraire. We’re talking about the London based subs of US, Asian and indeed European capital markets players...As soon as they think the profit opportunity has moved then so will they...it’s a market innit...
More from Brexit
31 liars & hypocrites who facilitated brexit
Some are mad, some are bad
All are millionaires, some are billionaires
They’ll profit from UK companies failing, keep their money abroad to avoid UK tax and travel freely with their EU passports
#RejoinEU

https://t.co/mZRr9u1RPb
A brexit advent calendar to count down to loss of our EU rights
— European Unity #FBPE \U0001f1ea\U0001f1fa\U0001f4b6\u2b50\ufe0f (@EuropeanUnity1) December 31, 2020
Box 31: Boris Johnson told us:
\u201cI\u2019m in favour of the single market\u201d
\u201cThe cost of getting out will be virtually nil\u201d
\u201cWe have an oven ready deal\u201d
\u201cThere is no threat to the Erasmus scheme\u201d
\u201cF**k business\u201d pic.twitter.com/w8KxDJYV4x
https://t.co/BY6hKloR9d
A brexit advent calendar to count down to loss of our EU rights
— European Unity #FBPE \U0001f1ea\U0001f1fa\U0001f4b6\u2b50\ufe0f (@EuropeanUnity1) December 30, 2020
Box 30: Nigel Farage told us:
\u201cIn a 52-48 referendum this would be unfinished business by a long way\u201d
\u201cI never promised brexit would be a huge success\u201d
\u201cIf brexit is a disaster, I will go and live abroad\u201d pic.twitter.com/UfO9gzoUPD
https://t.co/NdC0ltLeSM
A brexit advent calendar to count down to loss of our EU rights
— European Unity #FBPE \U0001f1ea\U0001f1fa\U0001f4b6\u2b50\ufe0f (@EuropeanUnity1) December 29, 2020
Box 29: Andrea Leadsom told us:
\u201cI don\u2019t think the UK should leave the EU. It would be a disaster for our economy & lead to a decade of uncertainty\u201d
\u201cMy expectation is that there will not be an economic impact\u201d pic.twitter.com/SMSQ6ruG2h
https://t.co/BLnRLotso7
A brexit advent calendar to count down to loss of our EU rights
— European Unity #FBPE \U0001f1ea\U0001f1fa\U0001f4b6\u2b50\ufe0f (@EuropeanUnity1) December 28, 2020
Box 28: Andrew Bridgen told us:
\u201cAs an English person I have the right to go to Ireland, I believe I can ask for a passport can\u2019t I?\u201d
\u201cWe won\u2019t be crashing out, we\u2019ll be cashing in\u201d pic.twitter.com/jFINFu8xNe