Brexit: A referendum was held on Thursday 23 June, to decide whether the UK should leave or remain in the European Union. Leave won by 52% to 48%. The referendum turnout was 71.8%, with more than 30...

Brexit effects on the EU and the future of the union
Introduction
Brexit as we know is also called the exit of Britain from European Union. On 23rd June 2016, a referendum was issued by the Britain government whether to stay with European Union or leave. It was to be decided by votes. Based on the voting of the residents of Britain where 17.4 million voted in favor of the Brexit and 15.1 million voted against Brexit, Britain decided to exit itself from European Union. The then British Prime Minister Theresa Mary on 29th March 2017 handed over the withdrawal notification under Article 50 to the European Union. Meanwhile, Boris Johnson of the Conservative party won the general election in Britain on 12th December 2019. The Brexit law was accepted and approved by the Royal Assent on 23rd January 2020. The withdrawal agreement of newly elected Prime Minister Boris Johnson has slight changes where it is stated that United Kingdom will not be in a customs union with the European Union. But, the agreement will include customs and regulatory border between United Kingdom and Northern Ireland which also includes VAT in the Irish Sea. The imports between the two Unions will now consume tariffs based on a newly negotiated trade agreement. Also around 3 million Europeans in United Kingdom and 1.3 million British in the European Unions will continue to stay as same until a new immigration policy is being introduced by the UK and the European Union. This is a brief of how Brexit took place and the changes that will occur due to this issue. We will discuss in details more of the various consequences and the impact that will happen European Union countries. Will the Brexit impact only European Union or will it have some serious consequences on Britain also?
Analysis
Causes of Brexit
There were various causes due to which the Brexit took place. It was not decided in one day but was due to series of events and fear of losing jobs in the minds of the pro Brexit voters who were mostly older and were working class people of the British countryside society that Brexit referendum was passed by the Conservative party of U.K in 2015.
The fear of the Englishmen was the free movement of the refugees and the migrant workers from various member countries of European Union in Britain. They raised their voice against the poorer member countries of European Union that they were taking away their jobs and varied facilities. Even the fees charged by various small businesses of EU member countries in U.K. was extremely high compared to the price charged by the U.K....