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Update. Add admission that hysteric establishment "gloom-and-doom" predictions were wrong.
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 parliament is needed to initiate exit negotiations.<ref>[http://www.bbc.com/news/uk-politics-37857785 Brexit court defeat for UK government]. ''BBC''. November 3, 2016. Retrieved December 16, 2016.</ref> Because the British parliament is overwhelmingly opposed to Brexit, this would likely result in a watered-down exit agreement. The British government appealed the decision.
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 parliament is needed to initiate exit negotiations.<ref>[http://www.bbc.com/news/uk-politics-37857785 Brexit court defeat for UK government]. ''BBC''. November 3, 2016. Retrieved December 16, 2016.</ref> Because the British parliament is overwhelmingly opposed to Brexit, this would likely result in a watered-down exit agreement. The British government appealed the decision.
In early 2017, the chief economist of the Bank of England admitted that hysteric [[establishment]] predictions of economic gloom from a pro-Brexit result were wrong and inaccurate.<ref>[http://www.foxnews.com/world/2017/01/06/bank-england-economist-brexit-predictions-were-wrong.html Bank of England economist: Brexit predictions were wrong]. ''Fox News''. January 6, 2017. Retrieved January 6, 2017.</ref>
== Eligible voters ==
== Eligible voters ==