51.9% of the British population voted ‘No’ to Europe during an historic referendum, plunging the United Kingdom and its business community into a sea of uncertainty. Negotiations to exit the EU will likely take a number of years and also likely buffet the British economy.
“The UK will have to get used to being regarded as a third party state, which we won’t be handling with kid gloves,” acid words spoken at the end of May from the European Commission president Jean-Claude Juncker sets the tone for the United Kingdom’s new page that it is writing in its history book following the 51.9% referendum vote in favor of leaving the EU. The outcome was certainly a surprise and has resulted in the Prime Minister David Cameron announcing his resignation that will become effective before the October Conservative party conference.
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