What is Brexit and Impact of Brexit on Business Economy
The Brexit News is catching heat as the decision day is ending Brexit, or the “British Exit,” is a June 23, 2016 ballot where the United Kingdom voted to leave the European Union. From approximately 2.3 million votes, the mob who voted in favor of the exit won. Following the polling, on March 29, 2017, former President of the United Kingdom presented the withdrawal of Article 50 that bonded the U.K with the European Union. The proposition by the President gave the UK and the E.U time to negotiate an agreement until March 2019. However, recently, the assigned date has been postponed to October 31, 2019. WHAT EXACTLY IS BREXIT? As mentioned above, Brexit is an abbreviation for “British Exit”. Both the “left-wing” and “right-wing” Eurosceptics have stood with the proposition of the withdrawal of the bill that kept the United Kingdom within the European Nations. All these years, the population of the United Kingdom has been benefiti...