Brexit Explained: Meaning, Implications, and What It Means for You
Brexit, a portmanteau of “British exit,” signifies the United Kingdom’s withdrawal from the European Union, a political and economic union of 27 member states. This momentous decision, solidified by a referendum in June 2016, marked the end of the UK’s 47-year membership in the bloc. The implications of this departure are far-reaching, impacting everything from…