Brexit and coronavirus: financial perspectives and future prospects

Rakesh Bissoondeeal, Jane M. Binner*, Costas Milas

*Corresponding author for this work

Research output: Contribution to journalEditorialpeer-review


The economic landscape of the UK has been significantly shaped by the intertwined issues of Brexit, COVID, and their interconnected impacts. The disruptions caused by Brexit and the COVID pandemic have created uncertainty and upheaval for both businesses and individuals. Whilst the effects of COVID are now receding, Brexit is still dominating headlines seven years after the referendum and is likely to do so for the foreseeable future. In this introduction, we provide an overview of the literature on Brexit. We review the reasons for leaving the European Union, as well examine the consequences of Brexit, with a focus on investment, economic growth, trade, unemployment, and financial markets. We then introduce the seven papers selected from the ‘Post Brexit: Uncertainty, Risk Measurement and Coronavirus Challenges Conference’ held at Birmingham Business School in June 2021, that advance the current literature on the effects of Brexit and COVID on the UK economy. Evidence in these papers suggests that Brexit and COVID are still clearly posing a severe strain on the UK’s economy. However, some papers suggest that not everything about Brexit has been detrimental, or at least certain sectors of the UK economy are displaying a marked resilience.
Original languageEnglish
Article number2249961
Pages (from-to)1825-1834
Number of pages10
JournalEuropean Journal of Finance
Issue number16
Early online date30 Aug 2023
Publication statusPublished - 1 Sept 2023

Bibliographical note

Copyright © 2023 Informa UK Limited, trading as Taylor & Francis Group. This is an Accepted Manuscript of an article published by Taylor & Francis in Economics, Finance and Entrepreneurship on 30th August 2023, available at:


  • Brexit
  • uncertainty
  • contraction
  • resilience


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