POTENTIAL IMPACTS OF BREXIT ON BUSINESS

POTENTIAL IMPACTS OF BREXIT
ON BUSINESS

TABLE OF CONTENTS
Introduction......................................................................................................................................1
Finding and Discussion....................................................................................................................2
Positive impact of Brexit on Britain............................................................................................2
Negative impacts of Brexit on Britain.........................................................................................3
Conclusion.......................................................................................................................................5
References........................................................................................................................................6

Introduction
The word Brexit is describing about the impending withdrawal of the United Kingdom from the
European Union. The official referendum was held on 23rd June 2016, approx 51.9% UK
electorate voted to leave the European Union. It is the biggest risk taken by the UK to depart
from the RU as no other country departed from the EU before that. The UK Prime Minister
Theresa Mary May announced that UK would not be permanent member of the European single
market after leaving the EU. A new government department name the Department for Existing
the European Union was created in July 2016. A UK negotiation with the EU was started in June
2017 and it has objective to complete withdrawal agreement by October 2018. As per the
economic research, it is assess that the per capita income of the UK is likely to reduce in medium
and long term due to Brexit.
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