the fact there is no EU single market for services is why I was not concerned on a long term basis for the UK economy as a result of leaving the EU
the UK is a service based economy, all growth from the next century is going to come from services, not by increasing cheese exports or trying to compete with the Chinese on battery production
almost all UK startups branch out to the US before they try the continent
no single market legislation is ever going to change this
>all growth from the next century is going to come from services
Why do I feel like many workers in the service industries are gonna be unemployed or working for pennies in the future following this hype leading to labor oversupply of service workers, while the likes of tradesmen will be making more money? There was even a south park episode about this.
The UK is already heavily fractured between the rich service based City of London and the rest of the country being relatively poor by comparison, especially the areas that suffered industrialization and haven't recovered and need constant subsidies from London.
Min-maxing a society like that doesn't usually end well but usually in some dystopian way, like rich workers needing to driver everywhere to avoid the masses of unemployed homeless people on drugs roaming the streets.
Not everyone can be a hot-shot banker or AI engineer, we should have career paths that can fit every level of skill and intelligence.
the UK is a service based economy, all growth from the next century is going to come from services, not by increasing cheese exports or trying to compete with the Chinese on battery production
almost all UK startups branch out to the US before they try the continent
no single market legislation is ever going to change this