| | 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. |
| − | It is considered likely that [[France]], the Netherlands, Austria, Denmark, Finland, and Hungary could hold a similar referendum.
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| | 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]]. |