In June 2016 the population was asked whether the United Kingdom should remain a member of the European Union or not.
More than 51 per cent of voters were in favour of Brexit with many citing immigration and economic growth as reasons for their decision. While the referendum was not legally binding, the UK formally left the EU in January 2020.
On Friday, January 27, Chancellor of the Exchequer, Jeremy Hunt, vowed to take advantage of the UK's Brexit "freedoms". He said he wanted Brexit to become a “catalyst” for economic growth in order to reduce the “weaknesses” in the UK economy.
