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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>
 
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>
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Prime Minister [[Theresa May]] officially initiated Brexit on March 29, 2017.<ref>Suarez Sang, Lucia I. (March 29, 2017). [http://www.foxnews.com/world/2017/03/29/brexit-triggered-u-k-prime-minister-sends-letter-to-european-union-to-begin-exit.html Brexit triggered: UK prime minister sends letter to European Union to begin divorce]. ''Fox News''. Retrieved March 29, 2017.</ref><ref>[http://www.breitbart.com/london/2017/03/29/triggered/ TRIGGERED: Britain Invokes Article 50 to Begin Brexit Process]. ''Breitbart News''. March 29, 2017. Retrieved March 29, 2017.</ref>
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Prime Minister [[Theresa May]] officially initiated Brexit on March 29, 2017.<ref>Suarez Sang, Lucia I. (March 29, 2017). [http://www.foxnews.com/world/2017/03/29/brexit-triggered-u-k-prime-minister-sends-letter-to-european-union-to-begin-exit.html Brexit triggered: UK prime minister sends letter to European Union to begin divorce]. ''Fox News''. Retrieved March 29, 2017.</ref><ref>[http://www.breitbart.com/london/2017/03/29/triggered/ TRIGGERED: Britain Invokes Article 50 to Begin Brexit Process]. ''Breitbart News''. March 29, 2017. Retrieved March 29, 2017.</ref> In the Brexit negotiations, the EU parliament has a very powerful role, and has acted as a bully to Britian.<ref>[http://www.foxnews.com/world/2017/04/05/eu-legislators-tell-uk-on-brexit-no-parallel-talks.html EU legislators tell UK on Brexit: no parallel talks]. ''Fox News'' (from the ''Associated Press''). April 5, 2017. Retrieved April 5, 2017.</ref>
    
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