The New York TimesThe New York Times

Brexit turns 3. Why is no one wearing a party hat?

By Mark Landler

01 Feb 2023 · 4 min read

Editor's Note

The IMF predicts Britain will be the world’s only major economy to contract in 2023. The Brexit fallout is partly to blame for Britain faring worse than its neighbors, according to this NYT analysis.

The third anniversary of Britain’s departure from the European Union passed without fanfare on Tuesday, and why not? Brexit has faded from the political forefront, unmentioned by politicians who don’t want to touch it and overlooked by a public that cares more about the country’s economic crisis.

The severity of that crisis was underscored by the International Monetary Fund, which forecast this week that Britain will be the world’s only major economy to contract in 2023, performing even worse than heavily blacklisted Russia.

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