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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 ).
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.
After the British EU membership referendum held on 23 June 2016, in which a majority voted to leave the European Union, the United Kingdom experienced political and economic upsets, with spillover effects across the rest of the European Union and the wider world. Prime Minister David Cameron, who had campaigned for Remain, announced his ...
e. A no-deal Brexit (also called a clean-break Brexit) [1] was the potential withdrawal of the United Kingdom (UK) from the European Union (EU) without a withdrawal agreement. Under Article 50 of the Maastricht Treaty, the Treaties of the European Union would have ceased to apply once a withdrawal agreement was ratified or if the two years had ...
Both the EU and UK Parliaments ratified the Withdrawal Agreement, which allowed the UK to leave the bloc at 11 pm GMT on 31 January 2020. Negotiations on the future UK–EU relationship subsequently began once the UK formally left the EU and entered the transition period.
Jan 2020: UK leaves the European Union: Jan 2020: Implementation period begins: Jan 2020: UK–EU trade deal agreed: Dec 2020: Future Relationship Act passed: Dec 2020: Scottish Continuity Act passed: Dec 2020: Implementation period ends: Dec 2020: New EU–UK relationship begins: Jan 2021: UK–EU trade deal ratified: Apr 2021: Windsor ...
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.
The United Kingdom 's post- Brexit relationship with the European Union and its members is governed by the Brexit withdrawal agreement and the EU–UK Trade and Cooperation Agreement. The latter was negotiated in 2020 and has applied since January 2021. Following the UK's withdrawal from the EU on 31 January 2020, [a] the UK continued to ...
Relations between the European Union (EU) and the United Kingdom of Great Britain and Northern Ireland (UK) are governed, since 1 January 2021, by the EU–UK Trade and Cooperation Agreement (TCA). Relations trace back to the foundation of the European Communities, the European Union's predecessor, in 1957. The UK was a member state of the bloc ...
e. 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.