UK had a pretty good deal with EU. Now, securing a trade deal similar to that of Norway will require also accepting freedom of movement, whose termination was one of the main arguments used by Brexit campaigners.
The science & tech sector is gonna get hit badly. Some of my British colleagues here in Cambridge are very upset and considering to move out. For young progressive people, it's pretty dramatic to see a big regression in your own country I guess. The Guardian is registering some of their opinions, and they are pretty heart-breaking:
http://the75percent.tumblr.com/
I imagine the finance sector, which fuels most London economy will get a big hit too.
Also, I have a hard time understanding how Brexit voters, who have a vision of a strong UK, did not factor in a more than likely split-up with Scotland after this.
Very disturbing. It seems overly easy to trick masses into acting irrationally.
Also many who voted remain wanted the EU to reform and people have been hoping for that for decades and nothing improved alas.
Now they have an opportunity to listen to the people instead of dismissing those who do not fully agree with them and step away from this label and dismissal of issues.
http://news.bbc.co.uk/onthisday/hi/dates/stories/june/6/news...
That said, all predictions about the future right now should be taken with a pinch of salt. Nobody predicted this result, and nobpdy has a clue what comes next.
I would understand the need to discourage secession of regions who would then leave the EU, however the EU has an incentive to accept Scotland because its secession would be the first step towards restoring EU membership.
If they can get the north of the UK without the "haters" in the south, they will grab it.
In the short run, things will be bad. In the long run, nobody has any idea. It's the medium term where the real threats lie - how long it takes to leave, what terms we get from the EU, and how eager the rest of the world is to set up direct relationships with us.
I'm not going to rule out that the EU will see this as such an existential threat that they will change enough that a future government will be able to make the case for staying in after all. I know that Juncker said no to that, but today has made his position untenable as well.