People have been talking about something called ‘Brexit’ over the past two years. What is ‘Brexit’, and why is it a big deal?
The UK or Great Britain, is made up of the countries of England, Scotland, Wales and Northern Ireland. The UK has been one of the strongest nations in the European Union (EU). Some parties in the UK do not believe that the country is getting enough of a benefit from being part of the EU, and have asked the government to give up its membership to this group. On June 23, 2016, there were largely two camps in the UK – those who wanted to ‘Remain’ in the EU and those who wanted to ‘Exit’ the EU. Since this is a democracy, where the government works on the basis on what the majority of people in the country want to do, this issue was put to a vote on June 23, 2016, and the decision was made for ‘Br’itain to ‘exit’ the EU (Brexit).
Of course it is not that easy to leave the club! There will be penalties and fees and jobs and many other factors that make this a tough deal to manage. Theresa May is the current Prime Minister of the UK and she and her team are negotiating the terms under which the UK can accomplish this.
Written by: Sunaina Murthy