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Brexit ( / ˈbrɛksɪt, ˈbrɛɡzɪt /; [1] portmanteau of "British exit") was the withdrawal of the United Kingdom (UK) from the European Union (EU). Following a referendum on 23 June 2016, Brexit officially took place at 23:00 GMT on 31 January 2020 (00:00 1 February 2020 CET ).
t. e. Brexit was the withdrawal of the United Kingdom from the European Union at 23:00 GMT on 31 January 2020 (00:00 1 February 2020 CET ). As of 2020, the UK is the only member state to have left the EU. Britain entered the predecessor to the EU, the European Communities (EC), on 1 January 1973.
v. t. e. The United Kingdom European Union membership referendum also known as the EU referendum or the Brexit referendum, took place in the United Kingdom (UK) and Gibraltar on 23 June 2016 to ask the electorate whether the country should remain a member of, or leave, the European Union (EU).
t. e. The result in favour of Brexit of the 2016 United Kingdom European Union membership referendum is one of the most significant political events for Britain during the 21st century. The debate provoked major consideration to an array of topics, argued up-to, and beyond, the referendum on 23 June 2016.
These negotiations arose following the decision of the Parliament of the United Kingdom to invoke Article 50 of the Treaty on European Union, following the UK's EU membership referendum on 23 June 2016. The negotiating period began on 29 March 2017, when the United Kingdom served its withdrawal notice under Article 50.
Come March 2019, the UK was unable to reach a deal and so, to avoid a no-deal scenario, agreed a deal with the EU to delay Article 50 until 12 April – two weeks after the original deadline. This deadline was not reached, and the two parties then postponed the so-called "Brexit Day" until 31 October 2019.
Brexit negotiations begin: Jun 2017: Withdrawal Act passed: Jun 2018: Chequers plan presented: Jul 2018: Withdrawal agreement plan presented: July 2018: Withdrawal agreement released: Nov 2018: Scottish Continuity Bill blocked: Dec 2018: Meaningful votes: Jan–Mar 2019: Brexit delayed until 12 April: Mar 2019: Cooper–Letwin Act passed: Apr ...
The economic effects of Brexit were a major area of debate during and after the referendum on UK membership of the European Union. The majority of economists believe that Brexit has harmed the UK's economy and reduced its real per capita income in the long term, and the referendum itself damaged the economy.
On 23 January 2020, the withdrawal agreement was ratified by the Parliament of the United Kingdom, and on 29 January 2020 by the European Parliament. The UK left the EU on 31 January 2020 at 23:00 GMT, ending 47 years of membership.
Following the result of the 2016 United Kingdom European Union membership referendum, when 52 percent of those who voted supported 'Brexit' (a portmanteau of "British exit"), the UK negotiated its withdrawal from the European Union.