• Brexit refers to the UK leaving the European Union.

  • Brexit took place on 31 January 2020 following a referendum in June 2016 in the country.
  • The “Exit” side received 51.9% of the votes, while the “Remain” side received 48.1%.
  • There were negotiations between the UK and the EU between 2017 and 2019 on the terms of the divorce.
  • There was a transition period after Brexit that ended on December 31, 2020.