- The deed is done
- June 24th, 11:47
So the UK wants to be more like Jersey - not part of the EU. I don't know how that is going to work out, but I thought it worth noting a few points on the impacts locally. I'm not going to get in to the effects on the finance industry - there are enough of them to do that for themselves.
I understand there was a 'not an emergency' meeting of ministers this morning. That resulted in the inevitable corporal Jones don't panic message. An early issue will be our relationship re the EU and the status/loss of protocol 3 and the impact on non UK people living here. The impact on world markets may wlel mean we've lost a chunk of value in the Common investment Fund etc and quite possible revenue too. That's going to put more pressure on the budget/MTFP.
Also very likely to hit ordinary people is the potential for significant price rises in food and fuel. We import those. Even the UK is only 50% food self sufficient, so they are importing it too. A fall in the pound, if it persists, will drive up prices of those. The impact on food could be rather deeper than that. Fruit and vegetable growers in the UK are reliant on cheap labour, often day work by European migrants. They might be tricky to source from now on. As prof Tim Lang tweeted 'Food Plan B now needed. Will the people who voted Brexit be prepared to dig for Britain, work in picking fields and factories for low pay?'
As for this household. Well we'll carry on planting and picking as much of our own as we can. We bought 7.5 kWp solar PV kit in April, which will go up as soon as the structural work is finished.