Introduction. This Past June Britain Voted In A Referendum

Since 1973 when the British first joined the European Union their membership has been a controversial issue. When conservatives in the United Kingdom won the general election in 2015, their election manifesto promised to hold a referendum on whether or not the United Kingdom should stay or leave the European Union. The referendum also referred to as “Brexit” is scheduled to take place by the end of 2017. The United Kingdom initially joined the union to be part of the common market for the purpose of trade and to develop international relationships. The main argument for those who are pro Brexit is that being part of the European Union is too costly for the United Kingdom, that the EU has grown to large, has interfered to far into

This report will look at the benefits and issues surrounding the UKs decision to remain as a member state of the European Union (E.U.). Along with the newly elected conservative government, came the announcement that a nationwide referendum would be held, by the end of 2017, in order to determine the British public’s stance on the issue of EU membership.

What is Brexit? Brexit is the shorten way of referring to two words which are “British” and “Exit”. The situation that British exited from European Union. So, what is European Union? According to (Hunt,A. & Wheeler,B. 2016) The European Union - often known as the EU - is an economic and political partnership involving 28 European countries. The EU has a single market which is the agreement between the countries’ member in EU to allow goods, service, money or even people to move freely within the EU. The Single market was to create job employment, increase the trade and lower the prices. Even though, the European Union has many advantages but why British wanted to leave the Union? Because there are some disadvantages that had made British

This article explains the “on-going” argument of whether or not Britain should remain in the European Union or leave. Prime Minister David Cameron vowed to keep Britain apart, winning the backing of most of most of his Cabinet and the goal of rival parties. Cameron has made it clear Britain is safer and stronger in the EU. However, much of Britain believes in opposition to their membership among the the European Union, leaving this as a constant

The European Union was established as an economic and political partnership between 28 European Countries (European Union, 2015). The UK has been stayed in the EU for over four decades from 1973 to now. In 1975, Labour Prime Minister Harold Wilson had ever held a referendum on Britain’s membership in the EU and the voting result is to stay in the European Community. Recently, the article (BBC NEWS, 2015) reported that the UK has a plan to hold the second referendum by the end of 2017 to decide whether or not the UK should stay in or leave the European Union. This might be a significant referendum that may bring lots of impacts on the UK’s economy.

My empirical research question: is Did the British citizens vote to exit the European Union actually represent the will of the UK's people? My choice explanation:  The UK citizens vote to exit the European Union was a shock to many. There was anticipation that the UK would remain. After the vote, many different sources suggested that the people really didn't want to exit the E.U and the voters thought that the proposal would and it didn't.

Some European friend asked me how I am going to vote in the UK-EU referendum. That is a question not only the majority of people in the UK and Europe is asking and contemplating, whether to be in, or to be out of the EU. I told my European friends I really don’t know how I am going to vote. I haven’t yet made up my mind. The politicians don’t know what will happen, and if the people in the UK vote leave the EU neither are they able to predict the outcome. This referendum has split political parties, and has brought political enemies to join forces. One side says vote to stay in, and the other side says, vote to get out. Both sides are spreading fear and scaring people. They keep repeating and spinning the same panic about what might or might not happen.

The conclusion drawn from the information obtained is that the Bank of England and the UK have been relatively successful if measured against other similar sized nations across Europe. True measurement though is done by looking at unemployment, Gross Domestic Product (GDP) growth, Bank of England interest rate, inflation rate, 3 month Treasury rate, public debt, and imports and exports, (economics watch 2013). In this case the UK has not done so well with higher inflation, freezes on public services, increased national debt and increased unemployment (economics watch 2013) – this therefore is more of the effects on the people of the UK as a result of

There is no doubt that the ‘brexit’ will have a significant impact on UK, especially for the financial system. In the following few days after referendum, the financial market shows the immediate impact of ‘brexit’, the sterling exchange rate index sharply fallen by 9%, the bank equity price had fallen by 20%, the ten-year UK government bond yield had fallen by 52 basis point. In its latest financial stability report, the Bank of England had identified that the risks around the referendum on the United Kingdom’s membership of the European Union as the most significant near-term domestic risks to financial stability. (‘Financial Stability Report’ Bank of England, 30 July 2016). The following risks around referendum are considered main threaten to UK’s financial stability:

Brexit is a term commonly known as Britain exiting from European Union membership. The historic referendum on the UK and EU membership held on June 23, 2016. Although majority of Londoner wanted to stay with EU, 52 percent voters voted to support the leave campaign to leave European Union. Since World War two the world saw a rising trend of economic development and globalization in Europe. Brexit has ended this trend. Since United

It is precise that we begin by explaining the meaning of the term “Brexit”; it is a portmanteau of the words “Britain” and “Exit”, which was just one of the terms for the results of the 2016 referendum, the other one was “Bremain” (Britain and remain) which was a lot less promoted and controversial. For the 2016 referendum, 52% of the votes went for Britain leaving the European Union, in a poll with 72% of participation, a total of 33.577.342 votes, 17.410.742 for Brexit and 16.577.342 for Britain staying in the European Union (BBC World, 2016). England voted for Brexit, by 53.4% to 46.6%, as did Wales, with Leave getting 52.5% of the vote and Remain 47.5%. Scotland and Northern Ireland both backed staying in the EU. Scotland backed Remain by 62% to 38%, while 55.8% in Northern Ireland voted Remain and 44.2% Leave (Hunt and Wheeler, 2016).

On June 23, 2016, a major decision was announced to the world that would send ripples of ambiguity with regards to the future of Britain and how their role globally would affect financial markets: The Brexit. The Brexit is perhaps one of the most monumental, nationalistic and financially influential choices the world has seen within the past decade. As Britain moves closer to individualizing itself from other European countries, the future of financial institutions and markets comes into question as it becomes filled with uncertainty and potential volatility. A look at the importance of Britain in the European Union (EU), the reasons why Britain made the profound choice to exit, and the influences the Brexit will have overall, can give insight as to what expectations financial institutions can possibly have in the upcoming future. Though financial institutions will adjust accordingly to the upcoming and current instability, it’s ultimately the market that will figure itself out and gravitate upcoming volatility towards the mean.

The exit of the United Kingdom from membership of the European Union, is also known as Brexit. Derived from Britain and Exit.

British Citizens made a choice on the 23rd June 2016, to leave the European Union. The UK has been a member of the European Union (EU) since 1973 and the EU gives many economic benefits to member’s countries, such as free movement of labour, harmonisation of regulations and the stability of being in the world’s largest trade block within 28 united countries.

The British voters have decisively spoken on the June 23 referendum that they want their country out of the European Union. The 52 percent of them supported Brexit, or Britain 's exit, while the rest favored staying in the regional group. The decision has thrown the United Kingdom, Europe and the world into a political and economic vortex of uncertainty, which is likely to be worse before it gets better.