U.K. Defense Export Market Faces ‘Double Whammy’

But now, experts warn that Brexit and coronavirus — which has turned the very same hall Wallace spoke at only months ago at the ExCel into a massive field hospital for coronavirus patients — may be a spoiler for growth. The two events will be a “double whammy” for the United Kingdom, said Trevor Taylor, a professorial research fellow in defence management at the Royal United Services Institute, a U.K.-based think tank. “In at least the short term — perhaps more than the short term — Brexit is going to damage the British economy,” he said. “We also now have this COVID problem … [and] the economy’s going to be damaged by that.”