UNITED STATES, WASHINGTON (OBSERVATORY VIDEO) — United Kingdom: Why is the Queen’s speech so important?
Brexit a portmanteau of “British” and “exit”) is the scheduled withdrawal of the United Kingdom (UK) from the European Union (EU).
Following a June 2016 referendum, in which 51.9% of participating voters voted to leave, the UK government formally announced the country’s withdrawal in March 2017, starting a two-year process that was due to conclude with the UK withdrawing on 29 March 2019.
As the UK parliament thrice voted against the negotiated withdrawal agreement, that deadline has been extended twice, and is currently 31 October 2019. An Act of Parliament requires the government to seek a third extension if no agreement is reached before 19 October.
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