Brexit League of Nations: Final Report

By Peter Wilding,

Published on Jun 27, 2026   —   19 min read

Photo by Samuel Regan-Asante / Unsplash

Summary

One decade after the vote, the evidence points in the same direction across economy, trade, leadership, culture and planning: Brexit did not make Britain stronger than the European system it left.

Britain falls from 2nd to 5th; Italy overtakes Britain in 2023 and stays ahead thereafter.
Plan League
5 / 5 matches played · League summary: Brexit at 10
 
Globalisation  ·  ✓ Economic  ·  ✓ Political  ·  ✓ Social  ·  ✓ Prosperity  ·  ● Brexit at 10

Brexit did not work on the terms its advocates set for it. It did not make Britain richer than the European system it left, better led than the peers it taunted, stronger in state capacity than the institutions it recovered powers from, or freer in any durable sense that produced better results. Britain remained a serious country. It did not remain a winning model. The broad pattern across the seven leagues is not collapse but relegation by drift: weaker scores, thinner margins, worse trajectories, and a repair bill that grows the longer friction is mistaken for freedom.

Britain is 2nd in 2013 on 6497. It is still ahead of Italy in 2022. But in 2023, Italy moves ahead: Italy 6155, UK 6123. Italy stays ahead in 20246208 to 6148. By 2030, the forecast gap is wider still: Italy 6493, UK 5884. That is not just Britain failing to catch Germany, France or the EU. It is Britain being overtaken by Italy.

1. Economy

Michael Gove:So, more jobs, higher wages and a stronger manufacturing base if we choose to leave.

The economic league is the cleanest rebuttal to the original Brexit promise. It asks whether freedom from Brussels produced faster growth, stronger investment, higher prosperity, greater resilience and better productivity. The answer across all five matches is effectively no. Britain did not build a stronger economic machine than the one it left; it drifted behind it. The report also strongly implies that Britain would likely have performed better inside the EU, or at least under a much lower-friction arrangement, because the post-Brexit model underperformed the bloc on growth, capital and productivity all the way into the forecast. In plain English: even on metrics Brexit was supposed to improve for a sovereign state, Italy often ends up looking more successful than Britain.

Metric Britain won or lost Short verdict Would Britain likely have done better inside the EU?
Growth Lost The promised breakout never arrived; Britain’s average growth fell and it finished behind the bloc it left. Yes, that is the article’s central implication.
Capital Lost The investment premium became an investment wait; Britain stayed below the EU in gross capital formation. Yes, because lower uncertainty and lower friction would likely have supported more capital deepening.
GDP per capita Lost The prosperity line flipped the wrong way; Britain built a weaker prosperity machine than the benchmark it meant to beat. Yes, the report explicitly treats remaining in the EU as the stronger counterfactual.
Reserves Lost or at best defensive Sovereignty produced a buffer, not a winning shield; Britain still looked second-tier beside Germany, France and Italy. Probably yes, because a stronger underlying growth path would reduce the need to rely on buffers alone.
Productivity Lost Friction beat freedom; the UK moved from above the EU average to below it. Yes, strongly implied by the long-run productivity drag cited in the report.

2. Trade

Boris Johnson:We are re-emerging after decades of hibernation as a campaigner for global free trade.

Trade is where the Brexit sales pitch was supposed to look most muscular: Global Britain, new markets, more agility, wider horizons. Instead, the trade report concludes that Britain still trades, but through a thinner, more effortful system that extracts less advantage from trading than the model it left behind. The implication is plain: Britain would likely have performed better inside the EU’s deep, low-friction market, or at least with a much closer external settlement than the one it chose. 

Metric Britain won or lost Short verdict Would Britain likely have done better inside the EU?
Terms of trade Lost Britain won freedom to diverge, but not leverage to bargain better. Yes, because bloc scale gave the EU stronger bargaining power.
Trade openness Lost The UK remained open, but less expansively and less productively than before. Yes, because the EU model preserved deeper integration.
Exports Lost Britain did not discover a larger market than the one it complicated. Yes, clearly implied.
FDI Lost Investors did not abandon Britain, but they hedged it rather than treating it as an unquestioned platform. Yes, because low-friction market access was part of Britain’s old attraction.
Trade balance Lost Britain accepted a thinner settlement and got a thinner result. Yes, that is the report’s logic.

Italy overtakes Britain clearly here. The UK stands on 3394 in 2025, behind Italy on 3605. By 2030, Britain rises to 3607, but Italy is still ahead on 3885. Italy also beats Britain on inward FDI as a share of GDP by 2024, with 22.35% against Britain’s 17.90%. The political meaning is brutal enough: Brexit did not merely leave Britain less frictionless than the EU; it left Britain trailing Italy in the trade league too. 

3. Leadership

Boris Johnson:Because we are going to restore trust in our democracy … The time has come to act, to take decisions, to give strong leadership and to change this country for the better.

The leadership league asks whether Brexit made Britain better governed, more coherent, less factional and more capable of retaining talent. The answer is again no. Britain did not become a better-led country than the European system it left; it became a country speaking often of control while looking less in control of itself. Britain would likely have done better inside the EU, or at least under a lower-friction model, because Brexit consumed governing bandwidth with self-created complexity and domestic strain. 

MetricBritain won or lostShort verdictWould Britain likely have done better inside the EU?
Fragile States IndexLostBritain became more brittle while the EU benchmark improved.Yes, that is strongly implied.
Factionalized ElitesLost badlyElite conflict intensified and Britain ended worst in the match.Yes, because Brexit amplified internal fragmentation rather than resolving it.
Group GrievanceLostBrexit turned grievance into a long-lived political fuel source.Yes, likely.
Economic DeclineLostBrexit was sold as reorientation for better results; the delivery test says otherwise.Yes, clearly implied.
Human Flight & Brain DrainMixed on paper, loss in substanceBritain does better than the EU aggregate, but trails Germany, France and Italy.Probably yes, because a less self-defeating climate would likely have been more attractive to talent.

The headline number in this league is severe: Britain falls from 6968 in 2012 to 5996 in 2025, slipping from 3rd to 5th, and is still 5th by 2030 on 5907. Italy’s most explicit beat over Britain comes in Human Flight & Brain Drain, where Italy scores 2.2 against Britain’s 2.3 in 2024. It is a narrow edge, but politically damaging: even on the question of whether Brexit would make Britain a stronger magnet for talent, Italy looks slightly better. 

4. State

Boris Johnson:Restored democratic control over our lawmaking. We gave the power to make and scrutinise the laws that apply to us back to our Parliament and the devolved Parliaments … not Brussels.

The state league is the one area where Britain avoids outright collapse in rank. It remains near the top of the field and holds 2nd place from 2024 through 2030. But the report’s point is sharper than that: a country can keep second place and still lose the argument. Britain recovered powers from Brussels, but did not turn them into a stronger state. Britain would likely have done better under a lower-friction EU relationship because the repair burden falls when duplication, legal strain and administrative waste are reduced. 

MetricBritain won or lostShort verdictWould Britain likely have done better inside the EU?
Strong institutionsLostControl did not become stronger machinery; Britain fell from 1st to 3rd in the match.Probably yes, or at minimum under a lower-friction European settlement.
Rule of lawMixed but weakeningBritain stayed 2nd, but no longer looked like the benchmark.Probably yes.
Effective governmentMixed but weakeningBritain remained respectable, yet delivery capacity thinned markedly.Probably yes, because friction consumed state bandwidth.
State supportLostLevelling up named the wound, but not the cure; Britain fell badly on the sense that society is dependable.Likely yes.
DemocracyLostPowers came back from Brussels, but too often stopped with ministers rather than strengthening Parliament.Likely yes, or at least the report suggests the Brexit shock did not improve scrutiny.

Italy does not beat Britain in the overall state league, but it does appear ahead in the democracy match: the state report says Britain fell to 4th, behind Germany, Italy and France, on V-Dem’s measure of legislative constraints on the executive. That is an awkward result for a project sold under the banner of parliamentary sovereignty. 

5. People

Boris Johnson: We can start a new chapter in the history of our country, in which we come together and move forward united, unleashing the enormous potential of the British people.

The people league is Britain’s best-looking table and one of its worst strategic stories. Britain finishes 1st in 2026, ahead of the EU average, France, Germany and Italy. But its score still falls from 8232 in 2012 to 7801 in 2026, and the 2030 forecast slips further to 7477. Britain won the table, but not the trajectory. Britain would likely have done better inside the EU, or under lower friction, because many of the pressures on living standards, civic depth and social confidence are worsened by economic drag and administrative failure rather than eased by sovereignty alone. 

Italy’s clearest people-league beat comes later in the line. The combined report says that in Civil Society Participation, Britain slips to 4th by 2030 after being overtaken by Italy. That matters because this is not an economic metric alone. It suggests that even in the social fabric of democracy, Britain’s post-Brexit trajectory weakens enough for Italy to pass it.

6. Culture

Boris Johnson: “we want the UK to be a science superpower” and “we will be able to set our own standards, to innovate in the way that we want.” 

The culture league is the most dramatic relegation story in the pack. Britain sits 1st from 2012 to 2021, slips to 2nd from 2022 to 2025, drops to 3rd in 2026–27, and falls to 4th by 2028–2030. That is what cultural drift looks like when measured over time. Britain would have done better inside the EU, or at least in a closer European framework, because academic ties, business ease, investment appeal and long-run productivity all deteriorate as friction rises. 

Italy overtakes Britain in this league with particular force. In Academic Freedom, by 2030 Britain sits below Italy on 0.808. In Business Freedom, Britain drops to last, behind Italy on 90.5 by the end of the line. This is precisely the sort of comparison Brexit was supposed to make laughable. Instead it became publishable. 

7. Plan

Boris Johnson: Britain would be “a protagonist — a global Britain running a truly global foreign policy.” 

The plan league asks the broad strategic question: did Brexit leave Britain with a better model, a stronger global posture, a more effective form of openness, or a more credible economic freedom story? The answer is mostly no. Britain did not build a stronger strategic-freedom machine than the European system it left. It preserved enough inherited strength to stay visible, but not enough to claim that the model improved. Britain would have done better inside the EU, or at least under a lower-friction arrangement, because deep market access and embedded rule-writing power were traded away for shallower autonomy. 

MetricBritain won or lostShort verdictWould Britain likely have done better inside the EU?
Overall globalisationMixedThe lead survives, but defensively rather than expansively.Probably yes.
Economic globalisationLostBritain is overtaken after the Brexit years and falls behind Germany, France and the EU line by 2026.Yes, explicitly implied.
Political globalisationNumeric win, strategic lossBritain remains first on reach, but lacks the embedded rule-writing power it had inside the EU.Yes, on influence in substance rather than merely presence.
Social globalisationMixed-to-lossBritain stays top locally, but on declining numbers and weaker reciprocity.Likely yes.
Economic freedomLostBritain leads through 2021 and then slips behind Germany and the EU from 2022.Yes, strongly implied.

Did Britain likely perform better inside the EU?

Across the seven leagues, the answer is probably yes. In some leagues, the implication is explicit; in others, it is structural rather than literal. The economic, trade, culture and plan reports all say in substance that Britain gave up the compounding benefits of a large, deep, low-friction European system and replaced them with a thinner settlement.

The leadership and state reports add that Brexit also consumed administrative bandwidth and raised domestic repair costs. Even where Britain remained strong, as in parts of the people and state leagues, the reports describe those strengths as inherited or defensive rather than newly strengthened by Brexit. 

That does not mean every single metric would automatically have been better in every single year had Britain remained inside the EU. Counterfactuals deserve modesty. But the direction of travel in the evidence is clear enough: on growth, trade intensity, productivity, research collaboration, investment appeal, political leverage and overall table position, the scoreboard repeatedly points to the same conclusion. Britain likely would have performed better inside the EU framework, or at minimum under a much lower-friction relationship than the one it chose. 

Italy’s overtake: where, when, how

Italy’s overtake is not just an aggregate-table curiosity. It appears in multiple places across the leagues.

LeagueWhere Italy beats BritainWhen / evidence
Overall combined tableAggregate scoreItaly overtakes Britain in 2023 and stays ahead in 2024–2030 forecast.
EconomyCapital / reservesItaly is cited as a stronger sovereign comparator staying further ahead through 2030.
TradeComposite trade index and FDIItaly ahead in 2025 and 2030 forecast; FDI share above Britain by 2024.
LeadershipHuman Flight & Brain DrainItaly slightly ahead in 2024.
StateDemocracy matchBritain falls behind Italy in the 2025 democracy ranking.
PeopleCivil Society ParticipationItaly overtakes Britain by 2030 forecast.
CultureAcademic Freedom and Business FreedomItaly ahead by 2030 in both.
PlanNo clear overtake established in retrieved textBritain still ahead of Italy in political globalisation through 2030.

The larger political point almost writes itself. Brexit was sold as the route by which Britain would recover agility, confidence and advantage over middling European competitors. Yet Italy passes Britain in 2023 and the gap then widens. In several of the sub-leagues, Italy either beats Britain already or is forecast to do so. That does not mean Italy is suddenly a universal winner. It means Britain’s Brexit dividend was so weak that a country it expected to outclass can now outscore it in the very tables Britain uses to judge itself. 

Final whistle

If the public deserves the short answer, it is this: Brexit did not work. If it deserves the longer answer, it is this: Britain lost most of the important matches, held a few on inherited strength, and won too few on trajectory to claim that Brexit made the country stronger than the European system it left.

The economy drifted, trade thinned, leadership worsened, the state diluted, the people league softened beneath the surface, culture lost rank, and the plan became defensive rather than expansive. On the broadest scoreboard, Britain fell from 2nd to 5th, and Italy overtook it in 2023

The fairest summing-up is therefore not theatrical. It is forensic. Brexit restored room to act, but not a superior capacity to win. Britain stayed on the pitch, but ceased to look like the side that had chosen the better system. On rank, on score, on trend, on Italy’s overtake, and on the repeated implication that Britain would likely have done better inside the EU or under a lower-friction settlement, the verdict is clear: Brexit did not work. 

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Overview of the week

This Week’s Fixtures
The Economy League schedule for the week ahead.
 
June 22
Match 1
Did Brexit help Britain master globalization — or retreat from it?
June 23
Match 2
Is Britain more connected to the global economy — or less?
June 24
Match 3
Does Britain still shape global decisions after Brexit?
June 25
Match 4
Has Britain become more globally connected — or more inward-looking?
June 26
Match 5
Is post-Brexit Britain actually freer to prosper?
June 27
SUMMARY
One decade after the vote, brexit has already changed Britain
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