UK and EU split: Brexit separation is completed

 

 

The long and contentious process of Brexit is finally over. Britain has regained its freedom but at what cost? That remains to be seen as the island nation may be free from its continental neighbors but its citizens are still divided over Brexit.

 

Although it has achieved economic separation, the emotional bonds remain strong with so much shared history.

 

Prime Minister Boris Johnson, who was pro-Brexit said in a New Year video message that they had their freedom in their hands and its up to the British to make the most of it. Ironically his 80 year old father and sister are planning to apply for a French passport due to deep ties with that country.

 

On June 23, 2016, the British voted in favor of leaving the European Union by a 52 to 48 percent vote. After four years of drama, dissent, protests both for and against, despite the vote and dilly dallying the UK and the EU announced a deal that was acceptable to both the parties.

 

Although there is free trade movement between the UK and the EU, there will be loads of paperwork, increased costs, customs checks, border patrols and other factors which will slowly but surely affect both their futures.

 

Most analysts believe that although there are still a few joint operations in projects involving science, aviation and security, it will be Britain who will bear the brunt of all the contentions for a long time, while its continental neighbors will recover faster in almost all areas except perhaps in fishing operations.


Follow us on Google news for more updates and News










PLEASE READ THE IMPORTANT DISCLOSURES BELOW.

This content is being provided to you for informational purposes only. The content has been prepared by third parties not affiliated with CWEB Inc, a business. This content and any information contained therein, does not constitute a recommendation by CWEB to buy, sell or hold any security, financial product or instrument referenced in the content. This information neither is, nor should be construed as an offer, or a solicitation of an offer, to buy or sell securities by CWEB Inc. CWEB Inc. does not offer or provide any opinion regarding the nature, potential, value, suitability or profitability of any particular investment or investment strategy, and you shall be fully responsible for any investment decisions you make, and such decisions will be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance, and liquidity needs.

Unless stated otherwise, the web content provided by the CWEB family of companies is for educational purposes only. The information and tools provided neither are, nor should be construed, as an offer, or a solicitation of an offer, to buy or sell securities by CWEB Inc. or its affiliates. Unless stated otherwise, no information presented constitutes a recommendation by CWEB Inc. or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy.

Full Disclaimer

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.