New Station on the Kriva River Basin for improved urban flood management within the UrbanFloods Project
New Station on the Kriva River Basin for improved urban flood management within the UrbanFloods Project

On August 27th (Wednesday), 2025, within the framework of the UrbanFloods project, co-financed by the European Union through the IPA ADRION program, a water flow monitoring station was successfully…

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Mia, Sara, Matea and Velincho from the
Mia, Sara, Matea and Velincho from the "Gosho Vikentiev" Secondary School - Kochani at the international SMART CITY HACK hackathon.

The Risonic team, consisting of students Mia, Sara, Matea and Velinčo from the "Gosho Vikentiev" Secondary School - Kočani, will represent the Republic of North Macedonia at the international SMART…

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Lab of the Future project kick-off meeting!
Lab of the Future project kick-off meeting!

On 1 and 2 October 2025, in Valencia, Spain, the first meeting of the partners of the Lab of the Future project was held.

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Info sessions for Internet Safety: The MKSafeNet project in the Primary School
Info sessions for Internet Safety: The MKSafeNet project in the Primary School "Kiro Gligorov" – Skopje

Within the framework of the MKSafenet project, on May 21, 2025, the Center for Knowledge Management visited the Kiro Gligorov Elementary School – Center, Skopje.

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The team from Kochani won second place at the international POPRI competition in Chania, Crete!
The team from Kochani won second place at the international POPRI competition in Chania, Crete!

The team from the Secondary School "Gosho Vikentiev" from Kochani won second place at the prestigious international competition POPRI!

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MKSafeNet – We are building a safer internet for everyone!
MKSafeNet – We are building a safer internet for everyone!

On April 2, 2025, the Center for Knowledge management successfully conducted a visit to the Blaze Koneski Primary School in the Aerodrom Municipality, Skopje, where students and teachers had the…

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First cross-border job fair
First cross-border job fair "Opportunity4You Days"

Festively and in a great atmosphere on August 27 and 28, in Leskovac, Serbia, within the framework of the "OPPORTUNITY4YOU" project, the first cross-border Job Fair called "OPPORTUNITY4YOU DAYS" was…

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Charting the Future: NWoW4Net Zero Wraps Up with Final Meeting in Brussels
Charting the Future: NWoW4Net Zero Wraps Up with Final Meeting in Brussels

The NWoW4 Net Zero project team had its last transnational project meeting just last week at the PLS premises in Brussels. It was attended by team members from all partners who together joinned to…

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NWoW4NetZero in Brussels - Final Project Conference
NWoW4NetZero in Brussels - Final Project Conference

On February 14th, the closing conference from the New Ways of Working for Net-Zero project was held at DigitalCity in Brussels, Belgium.

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Event Digital Decade – Quality of public e-services for businesses
Event Digital Decade – Quality of public e-services for businesses

Digital Decade – Quality of public e-services for the businesses brought together experts from different fields, people working in civil services and citizens with diverse positions for a…

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New Station on the Kriva River Basin for improved urban flood management within the UrbanFloods Project New Station on the Kriva River Basin for improved urban flood management within the UrbanFloods Project
Mia, Sara, Matea and Velincho from the Mia, Sara, Matea and Velincho from the "Gosho Vikentiev" Secondary School - Kochani at the international SMART CITY HACK hackathon.
Lab of the Future project kick-off meeting! Lab of the Future project kick-off meeting!
Info sessions for Internet Safety: The MKSafeNet project in the Primary School Info sessions for Internet Safety: The MKSafeNet project in the Primary School "Kiro Gligorov" – Skopje
The team from Kochani won second place at the international POPRI competition in Chania, Crete! The team from Kochani won second place at the international POPRI competition in Chania, Crete!
MKSafeNet – We are building a safer internet for everyone! MKSafeNet – We are building a safer internet for everyone!
First cross-border job fair First cross-border job fair "Opportunity4You Days"
Charting the Future: NWoW4Net Zero Wraps Up with Final Meeting in Brussels Charting the Future: NWoW4Net Zero Wraps Up with Final Meeting in Brussels
NWoW4NetZero in Brussels - Final Project Conference NWoW4NetZero in Brussels - Final Project Conference
Event Digital Decade – Quality of public e-services for businesses Event Digital Decade – Quality of public e-services for businesses
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Details
Category: Analysis

The United Kingdom referendum decision to leave the European Union on June 23rd, 2016 resulted into serious short-term and mid-term economic consequences. BREIXT had an immediate effect on the British pound which depreciated for 15 % against other global currencies. The pound was less desired by investors throughout the world because of the uncertainty of the British political future.

The depreciation caused immediate inflation raising consumer prices, while it did not have a positive impact on British exports due to the dominance of non-manufacturing services in the export structure. Not only did the demand for British services not grow despite the cheaper pound, it even declined further as the political risks associated with the loss of the privileged access to the EU Single market, caused a decrease in demand for British products and services causing a decline in GDP growth.

As Brexit has yet to happen and there are many “ifs”, it is difficult to predict its impact on the British pound and economy on a long term base.

The analysis can be found at the following link