The United Kingdom decided to break their traditional ties with the rest of the European Union after the referendum last June 23, 2016, was signed by all the citizens of the country, leaving a vote of 52 percent and 48 percent, in favor of the United Kingdom leaving the European Union.
After the said referendum, the United Kingdom started making their first move as an independent unit by getting a new Prime Minister - Theresa May. Theresa was left in charge of the United Kingdom after the resignation of David Cameron. She stands right with David Cameron (against the United Kingdom leaving the European Union), but she is willing to take charge and help her country stand again from the decision they chose to make.
With the United Kingdom exits from the European Union, their economy has been criticized for being at stake. For so many decades gone where they have stood with the European Union's increase in economy, it is a new thing for them to work on making their economy as high as possible, without the present of the other members of the said union.
Four months have passed after the exit, and now the United Kingdom proudly stands with a high economic growth. Their economy was shown to be 0.3 percent higher in the third quarter, compared to the state of their economy in the first and second quarter of the year-when they are still part of the European Union, according to The Economist.
However, the 0.3 percent increase in their economic growth is not as high as the increase that was observed in the second quarter of 2016, making the debate on the economic effects of the exit unresolved.
The impacts of the exit of the United Kingdom from the European Union will be continuously observed to see what are the drastic changes that it will bring, and to justify whether or not the Britons have made a good decision.
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