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Brexit


Brexit is quite literally the merging of the words BRitain and EXIT, which pretty much explains what it is as a basic concept. Since the vote passed (48.11%/51.89%), the UK is scheduled to officially separate from the EU at 11pm UK time on Friday, 29 March 2019. What has happened? Directly after the Brexit vote, the UK Prime Minister David Cameron stepped down, replaced by Theresa May, who is the current Prime Minister. After this, May called for a General Election in the UK intending to increase the Conservative Party's presence in Parliament but lost votes and had to go into a coalition government with the DUP. Theresa May has ruled out the possibility of the UK remaining in the EU’s single market, which allows the free movement of goods, services, money and people within the European Union as if it was a single country, which will have an impact on the economies of both parties. There was a huge divide between the north and south of the UK in terms of the vote results. Scotland was overwhelmingly in favour of Remain, which has led to speculation that there will be increased efforts and campaigning for Scotland’s independence from the UK.


 

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