Hello and hi. Well now, here a few pertinent facts about BREXIT. I do remember saying once that I was no longer going to write about BREXIT. I must have been having a moment when I uttered those words. Because here I am…yet again, waxing lyrical on BREXIT. Yes, yes I am. So, let’s do this. Right then.
Brexit means Brexit. If I had a £ for every time I heard that…I would be a very rich woman with a nice pair of Mulberry boots. I sure would. So, it is what is…I guess. But what it really means is that the UK is leaving the EU. This can only be done once Article 50 is triggered-this will then commence 2 years of formal negotiation. 2 years? Good grief. It is enough to make you want to have a lie down. It is all a bit too much. The people voted for this-but did they think about the far reaching consequences? No. I don’t think they did.
The post-EU arrangements once Brexit is done and dusted is as varied as the different types of Cadbury chocolate bars you can buy. In brief, there are a lot. So, good luck with that little task UK government, you are certainly going to need it.
Yes. We know. If you don’t know, then it is entirely possible that we are not to be friends. Brexit is a type of shorthand way of saying that the UK is leaving the EU and is a combination of the words Britain and Exit.
Why is Britain leaving the EU?
Well, we had a referendum on 22 June 2016. Our then PM David Cameron thought it might be a good idea-although I am not sure why. The referendum was regarding deciding to leave or remain in the EU. ‘Leave’ won by 52%. More than 30 million people voted. Pretty impressive numbers, if you ask me.
England voted for Brexit. As did Wales. Scotland and Northern Ireland backed staying in the EU. England, Wales, Scotland and Northern Ireland all make up Great Britain and have devolved powers. However, I do not have the time nor inclination to go into what devolved powers mean-if you are interested…kindly educate yourself.
Prime Minister David Cameron resigned the day after losing the referendum. This allowed Theresa May to choose what type of curtains she wanted for Downing Street…along with other pertinent UK government business. Yup.
Well, it was ok-fair. It was just ok. Although the pound was at a 30 year low. And Britain lost its AAA credit rating (but they were ok for car insurance)-this meant that the cost of government borrowing money will be higher. Yes. Yes, it will.
Well, for the UK to leave the EU, it has to invoke an agreement called Article 50 of the Lisbon Treaty, which gives the 2 sides, 2 years to agree to the terms of the split. In brief, it was meant to be triggered by the end of Marh 2017 with the expectation of leaving in the summer of 2019. But, enter Gina Miller and that timetable went down the drain.
Once the negotiations begin (whenever that is), we the people, will have a better understanding of what kind of deal the UK will seek form the EU on trade and immigration.
The government will enact the Great Repeal Bill which will end the primacy of the EU law into the UK. It will then incorporate EU legislation into UK law (the government will decide which parts to keep, change or completely throw out the window).
So, there you have it. Oh and that is not even ALL of it…but just wanted to give you some basics to get you started and keep you informed, dear reader. At present, I need a cup of tea and a lie down now-I highly recommend you do the same. Let’s continue this Brexit chat tomorrow and I will tell you about the court case which challenged Brexit…and won. And I will touch upon the meaning of ‘hard’ and ‘soft’ Brexit. But now..tea. That is all.