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General Category => General News => Topic started by: ForexMan on September 18, 2018, 01:21:52 PM

Title: Brexit: All you need to know about the UK leaving the EU
Post by: ForexMan on September 18, 2018, 01:21:52 PM
Here is an easy-to-understand guide to Brexit - beginning with the basics, then a look at the negotiations, followed by a selection of answers to questions we've been sent.
What does Brexit mean?

It is a word that is used as a shorthand way of saying the UK leaving the EU - merging the words Britain and exit to get Brexit, in the same way as a possible Greek exit from the euro was dubbed Grexit in the past.
Why is Britain leaving the European Union?

A referendum - a vote in which everyone (or nearly everyone) of voting age can take part - was held on Thursday 23 June, 2016, to decide whether the UK should leave or remain in the European Union. Leave won by 51.9% to 48.1%. The referendum turnout was 71.8%, with more than 30 million people voting.

https://www.bbc.co.uk/news/uk-politics-32810887
Title: Re: Brexit: All you need to know about the UK leaving the EU
Post by: Doodlamon on September 20, 2018, 01:53:57 PM
Brexit will mostly affect GBP
Title: Re: Brexit: All you need to know about the UK leaving the EU
Post by: Darvwins on January 17, 2019, 03:04:54 PM
It's changing now

from bbc https://www.bbc.com/news/uk-politics-46885828

Brexit: Theresa May's deal is voted down in historic Commons defeat

Prime Minister Theresa May's Brexit deal has been rejected by 230 votes - the largest defeat for a sitting government in history.

MPs voted by 432 votes to 202 to reject the deal, which sets out the terms of Britain's exit from the EU on 29 March.

Labour leader Jeremy Corbyn has now tabled a vote of no confidence in the government, which could trigger a general election.

The confidence vote is expected to be held at about 1900 GMT on Wednesday.

The defeat is a huge blow for Mrs May, who has spent more than two years hammering out a deal with the EU.

The plan was aimed at bringing about an orderly departure from the EU on 29 March, and setting up a 21-month transition period to negotiate a free trade deal.