The delay of Brexit

So far Brexit is quite a mess that there is not a single voice which can direct the UK to leave the EU in a way pleasing most people. The UK Prime Minister, Theresa May, admitted that Brexit could be delayed if the Parliament could not pass the revised Brexit plan next month. The delay is not a piece of bad news.

Currently, the UK is not ready for Brexit that the country has been divided by Brexit. The British people including politicians have not agreed with how to make Britain leave the EU; moreover, some people actually want Brexit to messy enough so Brexit becomes unpopular to be processed eventually. Delaying Brexit can buy more time for the British people, especially the politicians, to think what the UK wants and does not want from the EU.

However, the delay may not be a good thing for businesses. The longer it takes, more uncertainties the businesses have to face, because time itself can produce more uncertainties. The delay is very likely to increase the costs of the businesses significantly.

Overall, the delay may be create a better future for the UK in the long run, but it could increase uncertainties for the businesses in the short run, causing short run economic losses.