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ARTICLE · 15 JULY 2016

Brexit Effects

It is just over two weeks since the EU referendum and some of the consequences are becoming clearer.

United KingdomStrategy

It is just over two weeks since the EU referendum and some of the consequences are becoming clearer.

The two remaining candidates for the leadership of the Conservative Party agree that the UK will leave the EU. The difference at this stage is one of timing. Frontrunner Theresa May sees no need to start the formal process of leaving immediately by triggering Article 50. Andrea Leadsom says she would invoke Article 50 immediately if she became Prime Minister.

The government has rejected an online petition, signed by more than 4.1 million people, calling for a second EU referendum. In its response to the petition the government said it had "been clear that this was a once-in-a-generation vote" and that "we must now prepare for the process to exit the EU".

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