Stepping out of any comfort zone is usually money-guzzling. The United Kingdom's exit from the European Union is also a significant economic burden for its government. Brexit will require a huge injection of cash for a long time to come.
One of the most expensive cost items will be the construction of borders. Britain will have to build new border infrastructure and modernize the existing one. The funding is estimated to include at least £705 million (approximately $890 million). The bulk of this amount, about $590 million, will be used to create border ports. The remaining funds will be spent on software development and the recruitment of extra 500 border force staff.
Nevertheless, these costs have been included in the worst-case scenario. Even if London and Brussels are not able to agree on their future trade relations, the money will still be allocated. In any case, from January 1, 2021, the United Kingdom will no longer be part of the EU Customs Union and customs authorities of the EU and Britain will have to establish customs and border control, which has not been exerted over the past 47 years.
