Scottish, Welsh, and Northern Irish families have taken the biggest hits to their living standards, according to the most detailed analysis yet of the inflation which followed last year’s Leave victory.
Nick Fahy, a health policy senior researcher at the University of Oxford said a hard or no deal Brexit could leave patients “at immediate risk”. He also warned if EU staff left the UK, London could “suck in” Welsh NHS staff.
Wales, London, the North East, North West, South West and Scotland, have all seen a drop in their overall affluence, according to Barclays’ 2017 UK Prosperity Map. The report noted that the slowdown came against a backdrop of “fluctuating economic conditions” as well as ongoing Brexit negotiations.
Uncertainty over the UK-EU relationship has raised concerns that important funding from the European Investment Bank (EIB) could stall, Community Housing Cymru (CHC) has said. The EIB awards low cost, long-term loans for projects in various sectors.
Cardiff Metropolitan also acknowledges it is facing increasingly intense competition for students resulting from a demographic decrease in the current pool of 18-year-olds, the UK Government’s insistence in including international students in migration figures which they wish to reduce, and continuing uncertainty around the UK’s decision to leave the European Union.
Staff at Aberystwyth University are facing potential job losses as it tries to make £11.4m of cuts by April 2019. The university has blamed increasing competition for students, rising costs, and Brexit uncertainty for needing to make the savings.