What is Brexit and why is it important to know about it? - Presentation

Brexit refers to the United Kingdom's (UK) decision to leave the European Union (EU), a political and economic union of member countries that are located primarily in Europe. Understanding Brexit is crucial because it represents a significant change in the political, economic, and social landscape of Europe. The process of leaving the EU has involved complex negotiations and has had far-reaching implications for trade, laws, and international relations, especially between the UK and the EU member states. The term itself is a portmanteau of "Britain" and "exit," indicating the UK's exit from the EU. The importance of Brexit lies in its impact on various sectors, including business, immigration, and the rights of citizens, making it a pivotal event in European history.

The journey towards Brexit saw the involvement of three UK prime ministers. Initially, David Cameron promised a referendum on EU membership if his party won the 2015 general election. Following the Conservative Party's victory, the referendum was held, and Cameron, who advocated for remaining in the EU, resigned after the vote to leave. Theresa May succeeded him as prime minister but struggled to reach a satisfactory exit deal, leading to her resignation. Boris Johnson then took over, with opinions divided on his handling of the negotiations. The key issues of Brexit negotiations included trade with EU countries, the separation of UK and EU laws, the financial settlement known as the 'Brexit bill', and the management of the Irish border, given the differing EU membership statuses of Northern Ireland and the Republic of Ireland. The arguments for and against Brexit have been numerous and heated, reflecting the complexity and significance of the UK's decision to withdraw from the EU.