Brexit

The term 'Brexit' is a combination of BRitain and EXIT, meaning the exit of the United Kingdom (UK) from the European Union (EU).

A referendum on the issue was held in the UK on 23 June 2016.

The result of the referendum was to advise the UK Government to begin the process of the UK leaving the EU.

Depending on the context, 'Brexit' may refer to any or all of:

1. The decision for the UK to leave the EU.
2. The exit itself.
3. The consequences, and potential consequences, both of the decision and of the exit itself.

See also

• European Economic Area
• European Union
• Frexit
• Grexit
• Hard Brexit
• Schengen Area
• United Kingdom

Other links

ACT Technical Guidance and Comment

Brexit 2016 - a post-referendum checklist for treasurers 16 August 2016

Brexit Painting by Numbers August 2016

Brexit - 'T plus 7 days'

Brexit - keep calm and make a plan

Brexit: a treasurer's checklist

Brexit - "T minus 7 days"

Stephen Baseby's ACT blog: Brexit: will we, won't we; and what would it mean?

Further resources