Brexit - A bitesize review
From recent discussions with out clients, it has become increasingly apparent that very few of the understand how and why it came about and what it means for them in the future. To that end, we have prepared a bitesize review of what Brexit can mean for you. What is Brexit? A referendum (a vote) in which those who were eligible to vote was held on Thursday 23 June 2016 to decide whether the United Kingdom would leave the European Union or remain in the European Union. More than 30 million people voted, a turn out of 71.8%. When the votes were casted, 51.9% had voted to leave. An analysis of the results indicated that England and Wales both voted to leave and Northern Ireland and Scotland voted to remain. Ultimately, it was decided that the UK would leave the EU. On 29 March 2017, the UK Prime Minister Theresa May submitted to the EU the UK’s formal notice to withdraw from the EU via Article 50. It is of note that in the history of ...