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EU referendum pros and cons: Should Britain vote to leave Europe? On 23 June, the UK finally settled the question that's been rumbling close to the surface of British politics for a generation: should the country remain within the European Union or go it alone.
The final result went 52 to 48 per cent in favour of Brexit - so what are the pros and cons of leaving the European Union? How we got here The Conservative's general election victory last year activated a manifesto pledge to hold a referendum on Britain's membership of the European Union by the end of 2017. David Cameron made the promise at a time when he was under pressure from Eurosceptic backbenchers – and when the Tories appeared to be losing votes to Ukip. Most political commentators agree that, given a free hand, he would not have wanted a referendum. Brexit for Dummies: Everything You Need to Know About the EU Referendum. In a historical European vote, Britain has voted to leave the European Union.
This vote also forced the current prime minister, David Cameron, to step down. Now, as Americans, you may be wondering why this is such a big deal and what this has to do with us. Well for one thing this decision will undoubtedly affect the global economy. Already, the British pound has fallen to its lowest level since 1985. Brexit: All you need to know about the UK leaving the EU. Image copyright Getty Images This article is designed to be an easy-to-understand guide on what happens now that the UK has voted to leave the European Union.
What does Brexit mean?