Brexit (Britain-Exit) is the term coined by the media for England’s request to leave the European Union. The referendum, which took place on 23 June 2016, decreed that the majority of the English population prefers to break away from the European Union.
The consequences of Brexit will lead to the creation of a new scenario of political and economic relations in the old continent. However, we will have to wait until March 2017 to find out the decisions of the European Union and proceed with the secondment.
The victory of Leave in the referendum on Brexit caused many problems for the English economy.
The first effects showed themselves with a strong loss of purchasing power of the Sterling and with the general fear of bankers and large companies based in London.
In addition to the economic consequences, there have also been strong changes from a political point of view, since the Prime Minister, David Cameron, abandoned the Government.
To stay up to date on the latest Brexit news and the consequences for the financial markets, we recommend reading Brexit: meaning, consequences and latest news.
