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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Vulnerable Regions in Britain Agreed to Leave EU

March, 27 2017
watermark Economic news

Further countries of the Great Britain agreed to withdraw from the European Union despite its high susceptibility from the impact brought by Brexit towards the economy, the analysis was based on the recently conducted research following the preparation of the government to set the Article 50 in motion.

According to Demos (Think tank) researchers, the regions that were studied includes Wales, north-east and east Midlands reviewing each state’s reliance on EU exports, utilization of European laborers as well as receipts of grants. The mentioned countries greatly depend on the European market in spite of the fact that majority of the leave voters came from these regions. Moreover, Wales issued 67% of exports, while 62% from the north-east and about 55% from Yorkshire and Humberside.

In addition to it, the government is hoping to minimize the effect by means of a renewed free trade agreement, however, EU negotiators insist that the UK must resolve its divorce settlement terms in the first place.



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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.