On Thursday, Britain held a referendum to decide whether or not to leave the European Union. Leave won with 52% of the vote, while Remain lost with 48%. This referendum will likely result in the United Kingdom’s institution of Article 50, which would begin a withdrawal from the European Union. We have provided some information below to help you put Brexit into context:
The UK has been in the EU for 43 years.
Britain, and especially London, has served as the financial center for the European continent.
S&P gave the UK a AAA credit rating prior to the vote.
Britain is a net importer