Brexit is the term used to describe withdrawal or exit of United Kingdom from European Union membership. On Thursday 23 June, 2016; people of United Kingdom voted to leave the European Union membership. In result of this mandate, a five paragraph plan (a part of Lisbon Treaty) called as Article 50 has been invoked on Wednesday, 29 March 2017 – this means, England is on 2 Years of specified time period to leave EU on Friday, 29 March 2019.
Surely, this will have significant impact on Economics, Politics and Social aspects of both UK and EU countries.
One of the most discussed impacts is of ‘Skill Gap’ that Brexit will create in UK as well as in EU; but more significantly in UK.
One of the very reasons of Brexit to happen is ‘free movement of EU people into UK’ – it was a serious concern for larger portion of people and politicians in UK. To contain this freedom, in the new UK, there will be an immigration policy which will restrict people from EU countries (including the skilled workers) to work in UK. This will create a ‘Skill Gap’ in UK; and as a direct repercussion, we may witness the similar effect in EU countries when they put bar on UK citizens to enter their countries.
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