One of the most important news of the year was that the EU which represents one of the largest financial unions of the world, may collapse. Some analysts persuaded the media that the first step of weakening and collapsing the EU was Brexit. In a referendum on 23 June , Which means that the United Kingdom will depart it on 29 March
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On Thursday the 23rd of June , Britain voted in favour of leaving the European Union and standing alone for the first time since Many predictions and economic forecasts were made pre referendum, but to what extent were these scaremongering tactics or how accurate were they? I intend to examine the economic impact of Brexit, so far, on the UK economy and whether it is ethically. Since the result of the vote, very little information regarding the terms of Brexit has been disclosed by the UK government. This has caused considerable economic instability, resulting in fluctuating currency markets and significant drops in consumer and investor confidence.
Impact of Brexit on UK Future
We expect universities to be places that cultivate critical thinking, dispassionate analysis and respect for evidence. The letter to MPs recently published by representatives of higher education displays none of those qualities. I have read this letter carefully, and I have to say that I am bewildered by the degree of misrepresentation it contains.
Brexit, the acronym for this referendum, is synonymous with the contemporary populist sentiment supporting nationalism, economic autonomy, curbing immigration, and defying elitist politicians who do not understand the reality of the working classes. In this literature review I will briefly summarise the literature wrote by Thomas Sampson. Brexit is a term commonly known as Britain exiting from European Union membership.