ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

How You Might Benefit Financially From Brexit

Updated on May 4, 2020
modernelf profile image

Stephanie lives in Manchester, England. She has a keen interest in personal finance and the effects politics has on the economy.


Many saw the value of their investments drop sharply at the announcement of Brexit. This was exacerbated by traders incorrectly predicting a Remain outcome from the vote.

However, many individuals turned a negative into a positive. With shares at the lowest price possible, it was the time to buy, buy, buy! Buying at a low price means that you will increase the yield of dividend paying shares and increase your profit from other shares.

Even today, selling shares you bought on 23rd June or just after, would see a very healthy return.

Shares have not fully recovered yet, so some people are still keen to buy. The UK haven't separated from Europe just yet though. With the expectation that the UK will officially start the separation process from Europe (also known as Article 50) in March, it is possible UK shares will see another steep decrease and there will be a second opportunity for individuals to benefit from this uncertain political situation.

As always with investments, nobody can be certain how the market will progress, so it is still possible that you would lose any money invested. Only ever invest money you can afford to lose.


With the announcement of Brexit, the Bank of England later made an announcement on a cut in interest rates to just 0.25% on 4th August 2016.

Many saw this as a blow to their personal finances. However, looking at this from another perspective, an interest rate cut means mortgage interest rates are likely to follow suit. Even just a couple of months later, cheaper mortgage deals are easy to find.

Even if you're currently trapped in a fixed rate mortgage, you may be financially better off to pay the get-out charge and switch to a new, lower deal.

But before you rush out to your mortgage lender right away, keep in mind that the Bank of England meet again in November. Some believe this meeting may result in a further decrease in interest rates, and therefore, even better mortgage deals may be on the horizon. If you can wait until the results of this meeting, do it.

Where May I Lose Money?

Despite areas where people may benefit financially from benefit, there are also areas where people may find themselves worse off.

These include:

  • Shopping - some retailers and manufacturers have suggested that their prices may need to be increased to counteract the fall in the pound.
  • Savings - while lower interest rates benefit mortgages, savers will see a reduction in the benefits they see from their savings accounts. Many savings accounts are now offering an interest rate that is below the rate of inflation. Shop around for the best rates and don't be loyal to your bank - this never pays off.
  • Holidays/Currency - with the weaker pound, holidays abroad will increase in price, along with the cost of currency.

The UK has already started to see a glimpse into the effects of the vote on Europe, with the recent stand off between a major supermarket and an international manufacturer over price increases sparking what is widely and affectionately known as 'Marmitegate' (please research this, it's both funny and an informative insight into one of the UK's most loved food stuffs).

Whatever your personal view on the UK referendum, there are both positives and negatives for personal finances.

Many people only see the negatives, but if you can see the positives as well, you should be able to balance out the monetary effects of the UK's exit from Europe. Just remember: for every negative situation, someone must be benefiting; could that include you too?

If you have any further suggestions on how you can benefit financially from Brexit, please feel free to share your ideas below in the comments.

This article is accurate and true to the best of the author’s knowledge. Content is for informational or entertainment purposes only and does not substitute for personal counsel or professional advice in business, financial, legal, or technical matters.

© 2016 Kelly Johns


This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

Show Details
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
ClickscoThis is a data management platform studying reader behavior (Privacy Policy)