I have attended and spoken about the recent referendum on Britain’s membership of the European Union (Brexit) at many business networking type events, both before and after the vote. The primary difference I have notice from the audience at these events is that before the vote the questions and answer session would always run over time, whereas since nobody has got anything to ask. But what does Brexit mean?
First of all, not a lot has happened. David Davis was appointed Secretary of State for Exiting the European Union on the 13th of July 2016, but not a single other appointment has been made in that department. We know that Article 50 – the section of the Lisbon Treaty outlining the process by which a country leaves the EU – will not be triggered at least until next year. When that happens, we can assume that we won’t actually leave for another 2 years or more as the negotiations take place.