LONDON (ICIS)--Click here to see the latest blog post on Chemicals & The Economy by Paul Hodges in which he analyses the potential scenarios in which the UK could be after it leaves the EU (Brexit) and how none of them will satisfy all economic sectors.
“Individual industries also risk finding themselves being made part of ‘trade-offs’ to obtain benefits for another industry," says the author.
“The lobbying power of the financial services industry might, for example, mean that it is allowed to keep some form of passporting rights (to sell its services into the EU after Brexit). In exchange, the UK might have to accept greater restrictions on another industry."Editor’s note: This blog post is an opinion piece. The views expressed are those of the author and do not necessarily represent those of ICIS. Paul Hodges is the chairman of consultants International eChem.