How would No Deal Brexit affect you personally?

[Puddelchen]

What impact would no deal have on your personal circumstances? What is your personal biggest worry?
In my case it is medication which is my biggest concern.

[DelayedUnicorns]

I live close to internation docks, any disruption will see the entire city gridlocked - it takes me nearly an hour to get out on a good day as it is!

Medication concerns here too.

[GD12]

Most probably lose my job and being the sole earner put us in major trouble.

[SalrycLuxx]

I’ll probab do quite well out of it career-wise.

[Elle087]

My husbands business relies heavily on importing/exporting.
50% of what they buy is imported and around 20% of what they sell is exported.
He is really worried about a WTO brexit.
I don't fully understand it all but he said tariffs of any kind will put a lot of jobs at risk, including his.

[CesiraAndEnrico]

I don't know.

Italy has guaranteed the right to remain and work for resident Britons even in the event of a no deal. But I haven't been able to clarify yet if that includes remaining within the national health service.

But to be honest I am more concerned with how the country will manage a potential halt/reduction of exports to the UK. We haven't had the best of times since the credit crunch. Many companies have reduced wriggle room for a drop in their turn over. They in turn have suppliers of materials, goods or services who are also not necessarily best placed to manage a dip. There's also the possibility of a drop in tourism from Britain. Like a pebble chucked in a lake, the ripples from all of that can impact the wider economy. I don't see over here being in the best position to manage that.

Also got one eye on the government. With their anti-EU leanings I don't think it would be wise for me to assume they wouldn't make hay while the Brexit sun shines. No idea what the outcome would be, too many variables, but I'm not a huge fan of "interesting times". I'd rather any needed changes were slow and steady as she goes, so people and institutions can adjust by degrees, rather than lurching about being all "exciting".

I'm inclined to just pull a duvet over my head and ignore it all. I can't change anything and until the unknowns become known there is little I can do to plan for it on a personal level. All I can do is spend less in general, avoid any large purchases, have our normal "cushion" of necessities and cash slowly bulk up over the next few weeks and hope for the best.

[Shmithecat]

No, wouldn't affect me at all. If the £ gets weak and house prices dip, it actually helps us.

[twofingerstoEverything]

I am a classic Just About Managing (JAM) living from one payday to the next, with no savings at all and a mortgage that I will never pay off. Things have already been cut to the bone in terms of household expenditure and necessary repairs are being ignored, which is damaging the structure of my home. I'm worried about my finances frankly, as I have no cushion at all. The industry I work in has already been affected by the uncertainty.

The option to take my equity from the house and retire abroad and live a cheap life in the sun was something I'd always considered, but may not be possible in the future.

Those are my personal reasons, but getting away from those I think it will be absolutely disastrous for the country on so many levels in terms of our jobs and economy.

[allthingsred]

I genuinely don't think it will.
We are the ones that just scrape by,can't afford to save, but just scrape to pay bills by juggling around for the month.
We don't go on holiday (1st one in 10 years last year was camping)
Bills & cost of living go up year on year anyway so if things go up...nothing new we would still get by.
I hear about Brexit (couldn't escape it if I wanted to) but it seems that it will really affect the middle class or wealthy.
People on the breadline,or who have nothing. life always a struggle no matter who's in charge
I have a feeling my work ( helping the homeless) will get busier. But since this government are so intent on making life hard for people who are already struggling, we are busy all the time anyway.

[Ethel80]

No-one actually knows, isn't that part of the problem?

[TooTrueToBeGood]

I honestly have no idea. I expect some people can identify specific personal impacts but there are just so many uknowns. Trade is bound to suffer but by how much and for how long? How will this impact on an individual's employment? Even if you do not work for a company directly involved in import/export, businesses do not operate in a vacuum so I expect everyones job and employment prospects will be less secure. What will happen to the value of the pound and how will that impact me? What will happen to interest rates? What about investments - shares, pensions etc? If the economy slows, as it surely will, government revenues will presumably drop so services will have to be cut or taxes increased, possibly both. So many possible negatives and I personally am struggling to find any positives.

[twofingerstoEverything]

I hear about Brexit (couldn't escape it if I wanted to) but it seems that it will really affect the middle class or wealthy.
Increases in food prices won't just affect the wealthy

[bellinisurge]

Disruption to the food supply means I can't guarantee I can feed my family properly unless I put shelf stable stuff to one side now. Which I have. I'm a prepper so it's not new thinking for me.
Dh and I are automatically entitled to Irish passports as citizens via one Irish parent each. Applying to put dd on the Foreign Birth Register so that she is an Irish citizen too - two cousins already on it. We are therefore still all going to be citizens of an E.U. country. I flirted with getting an Irish passport in tbe 80s when I did a lot of travel and work abroad. I figured it wasn't necessary because I was citizen of an E.U. country- UK and afforded start off help from any of them. I actually had this situation to consider at one point.
I am old. I am an experienced traveler. We are from pretty ordinary Northern background. No reason to close down those options for my dd and hope it is easier for her than it was for me. I had a blue passport. Big fucking deal. I'll get one again.

[Snog]

I'm not worried about it tbh. I expect some minor disruptions then some things will get better and some things will get worse.

I think the hype is irresponsible scaremongering.

[Neolara]

Food prices will rise. There will be food shortages at least in the short term. Foreign holiday will become much more expensive.

[Bluntness100]

If the £ gets weak and house prices dip, it actually helps us

How? The cost of living would rise astronomically. Why would paying a tenner for a loaf of bread help you?

The nhs would crash. All the foreign nurses going home. Mortgage rates and rents rising astronomically. Wholesale job losses. Increased taxes, how will it help you?

[NoArmaniNoPunani]

I feel it will have the biggest impact on the poor rather than the middle classes. My job is pretty secure, a drop in house prices would be shit but not a disaster for me. I'd probably be ok.
Even if I thought I'd be better off, I'm still very much against a no deal benefit, it'll be terrible for the UK as a whole and will probably end with the break up of the UK

[NoArmaniNoPunani]

Brexit, not benefit

[weegiemum]

One of my medications comes from Germany (and it's an essential one) so I'm a bit worried about supply of that.

Much more worryingly my dh is a dispensing GP and they don't know where or how the medicines are going to come in after 29/3. Are diabetic patients going to get their insulin? There are no guarantees!

[M3lon]

Probably nothing at all....which makes me wonder why I bother to care about the people it will affect, most of whom voted for it in the first place.

[PatchworkElmer]

Medication. I also worry about food supplies and prices (DS has a dairy allergy, I’m particularly thinking about his milk).

[DarienGap]

It's hard to discern fact from fiction regarding what will happen.

Personally, we are quite fortunate that we own our home outright. DH took early retirement so we have his pension and some financial help with DS who is disabled. Also have a small cushion of savings.
I think food prices will rise, but things go up all the time anyway so I think a lot of firms now have the perfect excuse to raise prices / make people redundant etc.

Disclaimer - I voted Leave. I honestly expected cross party dialogue to come up with a reasonable exit plan.

[purplelass]

Don't know really - I'm fairly sure food prices will go up, but other than that no-one really knows do they?

I'm fixing my mortgage payments for the next 3 years but that's more to do with the fact that they're so low right now so they can only go up, rather than anything to do with Brexit.

[GoodStuffAnnie]

No effect.

[Bluntness100]

DH took early retirement so we have his pension

But you woildnt. His pension would become worthless. The pound would crash and anything it's invested in hugely at risk.

It's surprising how many people on here have limited understanding of the risks and why business and parliament are all shouting about how catastrophic it would be.

[BillywigSting]

Dp could well loose his job. He's a scientist (chemist) and the company he works for has its main contracts with Bayer so if those get pulled, the company will go bust (almost did last year after losing only one contract) and we will be well and truly skint as he is currently the sole earner. I am job hunting like I have never job hunted before.

Also a good chance I think that my city could regress 20 years as 90% of the money pumped into its regeneration has come from the eu. We don't get a penny from London.