Block, Siteadmin, SkipCaptcha, Upload, Automoderated users, Check users, delete, edit, move, oversight, protect, rollback, Administrators
51,035
edits
Changes
Jump to navigation
Jump to search
Line 6:
Line 6: − − It was considered likely that [[France]], the Netherlands, Austria, Denmark, Finland, and Hungary could hold similar referendums but this now appears unlikely as the full complexity and impacts of BREXIT become apparent. Line 67:
Line 65: − +
First part is dated info -- should be removed -- the second edit was not helpful.
Most people believed if the Brexit campaign was successful, the 28-nation political and economic alliance would be doomed. Financial giants warned the British of credit downgrades. The British Pound dropped significantly as results started pouring in showing Leave doing better than expected.
Most people believed if the Brexit campaign was successful, the 28-nation political and economic alliance would be doomed. Financial giants warned the British of credit downgrades. The British Pound dropped significantly as results started pouring in showing Leave doing better than expected.
The British High Court ruled on November 3, 2016, that the British government could not unilaterally begin formal exit negotiations with the EU, but rather that parliamentary approval via an Act of Parliament is needed to permit the British Government to trigger Article 50 and begin the withdrawal process.<ref>[http://www.bbc.com/news/uk-politics-37857785 Brexit court defeat for UK government]. ''BBC''. November 3, 2016. Retrieved December 16, 2016.</ref> The British government appealed the decision to the Supreme Court, skipping the Court of Appeal. On the 1st of February 2017, the British House of Commons approved beginning Brexit negotiations.<ref>[http://www.bbc.com/news/uk-politics-38833883 Brexit: MPs overwhelmingly back Article 50 bill]. ''BBC''. February 1, 2017. Retrieved February 3, 2017.</ref> Amendments were later made in the House of Lords, and each amendment was refused by the House of Commons. The bill eventually became law and on the 29th of March, Theresa May triggered Article 50 and began the withdrawal process from the [[European Union]].
The British High Court ruled on November 3, 2016, that the British government could not unilaterally begin formal exit negotiations with the EU, but rather that parliamentary approval via an Act of Parliament is needed to permit the British Government to trigger Article 50 and begin the withdrawal process.<ref>[http://www.bbc.com/news/uk-politics-37857785 Brexit court defeat for UK government]. ''BBC''. November 3, 2016. Retrieved December 16, 2016.</ref> The British government appealed the decision to the Supreme Court, skipping the Court of Appeal. On the 1st of February 2017, the British House of Commons approved beginning Brexit negotiations.<ref>[http://www.bbc.com/news/uk-politics-38833883 Brexit: MPs overwhelmingly back Article 50 bill]. ''BBC''. February 1, 2017. Retrieved February 3, 2017.</ref> Amendments were later made in the House of Lords, and each amendment was refused by the House of Commons. The bill eventually became law and on the 29th of March, Theresa May triggered Article 50 and began the withdrawal process from the [[European Union]].
The main concern of the British government is to ensure access to the single market for its banking and manufacturing sectors - both major income streams for the UK. Along with this the UK business sector are very concerned about the potential loss of EU (especially Eastern European) labour for many agricultural and low paid roles.
The main concern of the British government is to ensure access to the single market for its banking and manufacturing sectors - both major income streams for the UK. Along with this the UK business sector are very concerned about the potential loss of EU (especially Eastern European) labour for many agricultural and low paid roles.
Negotiations are proceeding very slowly with the EU negotiators only prepared to discuss the fate of EU nationals in the UK post Brexit and a settlement on any financial liabilities outstanding - potentially £40 - 60 billion ($50 - 90 Billion) before any discussions on trade and relationships.<ref>http://www.express.co.uk/news/politics/797852/Brexit-news-EU-expand-Britain-exit-fee-bill-budget-black-hole</ref>
Negotiations are proceeding very slowly because of the obstructive tactics of the EU negotiators. They are insisting that Britain must agree to an "exit fee" of over £50 billion before they will start trade talks.<ref>http://www.express.co.uk/news/politics/797852/Brexit-news-EU-expand-Britain-exit-fee-bill-budget-black-hole</ref>
== See also ==
== See also ==