Reasons For Britain To Leave The EU

The decision of the United Kingdom to leave the European Union has served in reshaping the way politics works in Europe. On June 3rd, 2016 a massive 30 million people came out to vote on the future of their countries. In the end, the vote to leave won 51.9% to 48.1%. Places like England and Wales both voted in favor of the exit, while Scotland and Northern Ireland voted overwhelmingly to stay in. While the long term effects of this decision obviously need time to be observed, the immediate economic impact has been somewhat mixed. The day after the vote was a cause for concern in that “the pound slumped after the referendum - and remains around 10% lower against the dollar and 15% down against the euro” (Wheeler 17). In contrast to this,

David Cameron announced his resignation as Prime Minister after Britain’s vote to leave the European Union. He wanted a new leader to be chosen by October. According to the Wall Street Journal, Cameron’s successes paved the way to his defeat.

This problem is also increased by the fact that many companies in Britain feel that a break with Europe is not in their best interests. For example,

On March 29 Prime Minister Theresa May will trigger Article 50. Article 50 is the EU legislation that sets the rules for how a member state can leave the organization. It’s part of the Treaty of Lisbon, which was signed in 2007 and went into effect in 2009. The law is vague on the specifics, for exiting because no country has ever invoked Article 50 in the past. The EU viewed the possibility of a country leaving as an unlikely and unwanted possibility. Britons have been waiting for this moment, which starts the formal process of their country leaving the European Union.

Over the next few years the issue of the UK’s membership of the EU is likely to be at the centre of political debates. The main parties recognised that a referendum on membership was necessary but it is incredibly difficult to overstate the significance of a vote that would determine whether the UK remains part of the union, the wealthiest economic entity in the world (Portes, 2013).

In 1980, the Leave vote poll peaked at 71%, which is just over two thirds of voters, and in 1991 the stay votes peaked at 70%. Between 1997 and 2012 the gap between the remain and leave vote have been very close, with each overtaking one and other many times. However, in 2012 the votes split back again, to an overwhelming majority for remain, however this gap got tied on February 15 with a 50/50 split. As mentioned in the previous paragraph, if the UK leaves the EU it will most likely cause a reaction of the Scottish population to have another independence referendum, which shows just how opposed the Scottish public is to the idea.

The British individuals have settled on the most critical decision for a generation by voting for Brexit on the 23rd June 2016. According to BBC news, “leave won by 52% to 48%”. In order for the UK to leave the EU it needs to conjure an agreement called Article 50 of

The future of the United Kingdom has never been so uncertain. The British Prime Minister, David Cameron, is keeping the promise he made in 2015, to hold a referendum on whether or not the United Kingdom should remain a member of the European Union. The referendum will take hold on Thursday, 23rd of June of this year. But the results of the last opinion poll held on April 12th to 14th, show, that the British public is fairly evenly split, as 40% want to remain in the European Union and 39% want to leave. The members of the United Kingdom Independence party and other British keen to leave the Union, argue that the UK and its policy makers are being held back and manipulated by the EU, who make too many rules for business, immigration laws and charges billions of pounds a year in membership fees for little in return and undermining the British interests. However, the UK’s investment in the membership and acceptance of rules of the EU, gives the UK far more benefits by allowing it to grow academically, economically and ensures safety for all its citizens and is therefore better off staying a member of this peacemaking Union.

The beginnings of what we know today as the European Union can be traced back to 1952, and the formation of the 'European Coal and Steel Community ' by the 'Inner Six ' founding member states. The ECSC was one of the first examples of a supranational union , designed to prevent the calamity of the two Great Wars from ever happening again. The ECSC later developed into the 'European Economic Community ' in 1967, before formally becoming the European Union (EU) in November 1993.

At the end of June, Great Britain made the decision to leave the European Union. A referendum was held where more than 70 percent of the UK voted(more than 30 million people). It resulted in a 52 to 48 percent win for those in favor of leaving. When dividing the United Kingdom into its sovereign states the division can be seen clearly: England and Wales voted strongly for Brexit, while Northern Ireland and Scotland backed up staying in the EU. Following the decision to leave the European Union, Prime Minister David Cameron resigned his position and British politics went went into chaos. Although the economy was expected to drop it was able to withstand the effect of the decision. However, the pound has dropped to its lowest point in three decades, 1.28. As well as affecting the pound, Brexit has affected Great Britain socially in regards to immigration. In this new environment, some immigrants have reported that they have stopped speaking their native tongue in public. Mothers are worried about their children being bullied at school. Younger immigrants say they fear discrimination over jobs and educational opportunities. The negative effects of Brexit have already began to show as nativist sentiment increases and the pound continues to lose value. It is safe to say that this referendum will be marked in history as it continues to change Britain in the future.

Brexit as a word is the combination of two words, Britain and exit and we get the term Brexit. There were some people against and some other people who supported this idea. People who support thought that being part of the European Union was leaving Britain without identity as a nation, therefore leaving European Union was necessary to restore their culture, sovereignty and to have the complete control over their decisions as a country. One of the main reasons why Britain’s leaders decided to leave was immigration, they did not want to accept refugees and as part of the European Union they had to accept them. The referendum took place on June 23rd by Britain’s citizens who voted and decided they would leave European Union. The results were 52% on favor of exit European Union, 42% wanted to stay.

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).

Countries usually don’t knowingly commit economic suicide, but in Britain, millions seem ready to give it a try. On June 23, the United Kingdom will vote to decide whether to quit the European Union, the 28-nation economic bloc with a population of 508 million and a gross domestic product of almost $17 trillion. Let’s not be coy: Leaving the E.U. would be an act of national insanity.

In the United Kingdom, the creative sector as a whole represented £87 billion to the economy and employed 130 000 EU nationals in 2016. The Fashion industry hires 880 000 people making it the fourth highest employer of EU nationals within the creative industry (Grace Cook, 2017 ). This industry was worth on its own £26bn to the UK’s economy in 2014 and £28bn in 2015 . On the 14th June 2016, the British Fashion Council released their survey results about the Brexit Referendum. Almost 500 designers were contacted, 290 responded. With 90% in favour of Remain, 4.3% for Brexit, 2.4% undecided and 2.8% that stated they wouldn’t vote, these results sent a clear message . Nine days later, on June 23, Britain voting to leave by 51.9% was a breaking news . As soon as it was announced the pound “plummeted to its lowest level against the dollar in 31 years in reaction to the shocking referendum result” (Limei Hoang, 2016 ). On the 29th of March 2017, Theresa May, finally signed the letter invoking Article 50 of the Treaty of Lisbon – meaning the decision to withdraw UK from the EU.