‘It’s A Bad Time To Leave Uni’ – Four Political Commentators On What The Referendum Result Means For You

Four top political commentators on how the referendum result will impact your everyday life

Jim Waterson, Political editor – Buzzfeed UK

There could be fewer jobs
“You probably won’t notice anything immediately, although it’s likely that the economy will not grow as much as expected in the future. This means fewer jobs to go around and lower wages.”

It could affect how much you earn
“In the longer term we just don’t know. If the economy is hit then salaries won’t increase as fast. However, Leave campaigners insist young people in low-paid jobs could see their wages rise in the future if immigration is reduced – even though many economists predict cutting the level of immigration would damage the wider
British economy.”

If you want to work abroad, do it now
“It could become much harder for Britons to go and live and work in other European countries. But it’s at least two years before the UK can leave the EU – so if you want to get away, then go now. Unfortunately, the Leave vote means the exchange rate has collapsed so your Euros will cost more.”

Ash Sarkar, Senior editor and presenter – Novara Media

Young people of colour are most affected
“The sense of uncertainty is primarily affecting young people of colour. The people mos taffected by Brexit – young EU migrants and non-EU migrants who are affected by the climate of racism – didn’t get a say in this referendum.”

We’re in a fight for our very existence
“The Lord Ashcroft poll [an independent poll of British opinion] suggests it’s not just immigration some Leave voters don’t like, but multiculturalism itself. It’s about the very existence of people of colour in Europe.”

The public are being more openly racist
“When you have people saying that refugees are drowning themselves; when you have people gesturing towards you, as a woman of colour who was born in this country, and saying ‘these people are coming over here to take our jobs, they want something for nothing’ – there is an unashamed ugliness there. It’s like the scab has come off: it’s allowed people to feel more open about something that before they would have had to hide out of social nicety.”

Abi Wilkinson, Journalist – The Guardian, The Daily Telegraph

Economic uncertainty is the new moral
“If we remain in the single market, it’s likely there’ll be some economic hit but nothing as drastic as it might be. However, it’s looking increasingly possible that a ‘hard Brexit’ might be on the cards. This could result in a substantial rise in youth unemployment and serious cuts to public sector spending.”

It’ll be harder to move to another country
“If you’re already living abroad, chances are you won’t be forced to come home, but if you’re planning a move to Berlin or Lisbon that could become significantly trickier in the future.”

Stephen Bush, Special correspondent – New Statesman

It’s a bad time to leave Uni
“Young graduates will leave university in the teeth of, at best, a mild recession and, at worst, a severe one. People who have gone into what has always been considered a guaranteed job, like law – particularly if you were the first generation to go to university – will find that big corporate law firms may headquarter elsewhere because legal judgements in Britain will no longer necessarily have the authority they will be guaranteed throughout the EU.”

Your rent could go up
“Many people may go into negative equity [when a house becomes worth less than the mortgage]. People in negative equity are unwilling to sell and banks with lots of bad debts are unwilling to lend, so potential buyers will face a toxic cocktail of rising rents because landlords need to keep up with mortgage payments, banks who are unwilling to lend, and homeowners in negative equity unwilling to sell. I’d call it a clusterf**k.”

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