The European Union (EU) is a supranational political and economic union of 27 member states that are located primarily in Europe. The union has a total area of 4,233,255.3 km2 (1,634,469.0 sq mi) and an estimated total population of nearly 447 million. The EU has often been described as a sui generis political entity combining the characteristics of both a federation and a confederation.
The European Free Trade Association (EFTA) is a regional trade organization and free trade area consisting of four European states: Iceland, Liechtenstein, Norway and Switzerland. The organization operates in parallel with the European Union (EU), and all four member states participate in the European Single Market and are part of the Schengen Area. They are not, however, party to the European Union Customs Union.
The economy of the United Kingdom is a highly developed social market and market-orientated economy. It is the sixth-largest national economy in the world measured by nominal gross domestic product (GDP), ninth-largest by purchasing power parity (PPP), and twenty second-highest by GDP per capita, constituting 3.3% of nominal world GDP. By PPP terms, UK constitutes 2.34% of world GDP.
The diplomatic foreign relations of the United Kingdom are conducted by the Foreign, Commonwealth and Development Office, headed by the Foreign Secretary. The prime minister and numerous other agencies play a role in setting policy, and many institutions and businesses have a voice and a role.
The Green Party of England and Wales is a green, left-wing political party in England and Wales. Since October 2021, Carla Denyer and Adrian Ramsay have served as the party's co-leaders. The party currently has one representative in the House of Commons and two in the House of Lords, in addition to hundreds of councillors at the local government level and three members of the London Assembly.
The European Economic Area (EEA) was established via the Agreement on the European Economic Area, an international agreement which enables the extension of the European Union's single market to member states of the European Free Trade Association. The EEA links the EU member states and three EFTA states into an internal market governed by the same basic rules. These rules aim to enable free movement of persons, goods, services, and capital within the European single market, including the freedom to choose residence in any country within this area. The EEA was established on 1 January 1994 upon entry into force of the EEA Agreement. The contracting parties are the EU, its member states, and Iceland, Liechtenstein, and Norway.
The Financial Times (FT) is a British daily business newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a "Person of the Year" feature.
The National Union of Rail, Maritime and Transport Workers is a British trade union covering the transport sector. Its current President is Alex Gordon and its current General Secretary is Mick Lynch.
Catherine Margaret Ashton, Baroness Ashton of Upholland, is a British Labour politician who served as the High Representative of the Union for Foreign Affairs and Security Policy and First Vice President of the European Commission in the Barroso Commission from 2009 to 2014.
The economy of Europe comprises about 748 million people in 50 countries. The formation of the European Union (EU) and in 1999 the introduction of a unified currency, the Euro, brought participating European countries closer through the convenience of a shared currency and has led to a stronger European cash flow. It is important to note that the European Union is not a country, rather a unique global organisation, as an entity forming one of the largest economies in the world. The European Union also “regulates” the global market by the single market. The difference in wealth across Europe can be seen roughly in former Cold War divide, with some countries breaching the divide. Whilst most European states have a GDP per capita higher than the world's average and are very highly developed, some European economies, despite their position over the world's average in the Human Development Index, are poorer. Europe has total banking assets of more than $50 trillion and its Global assets under management has more than $20 trillion.
The Confederation of British Industry(CBI) is a UK business organisation, which in total claims to speak for 190,000 businesses, this is made up of around 1,500 direct members and 188,500 non-members. The non members are represented through the 140 trade associations within the confederation, whose separate and individual memberships the CBI claims to also speak for. Trade Association member companies, are not directly consulted or involved in CBI's policy formulation. The National Farmers' Union with its 55,000 members is the largest component of the 188,500 non-members the CBI claims to speak for. The Country Land and Business association brings another 30,000 non-members, the Association of Independent Professionals and the Self-Employed 20,000 non-members, the Freight Transport Association 13,000, the Federation of Master Builders 9,500, the Road Haulage Association 8,100 and the National Federation of Builders 1,400.
Euroscepticism in the United Kingdom is a continuum of belief ranging from the opposition to certain political policies of the European Union to the complete opposition to the United Kingdom’s membership of the European Union. It has been a significant element in the politics of the United Kingdom (UK). A 2009 Eurobarometer survey of EU citizens showed support for membership of the EU was lowest in the United Kingdom, alongside Latvia and Hungary.
Andrew Adonis, Baron Adonis, is a British Labour Party politician and journalist who served in HM Government for five years in the Blair ministry and the Brown ministry. He served as Secretary of State for Transport from 2009 to 2010, and as Chairman of the National Infrastructure Commission from 2015 to 2017. He was Chair of the European Movement, from March 2021 until December 2022 having previously served as Vice-Chairman from 2019 to 2021. He is currently a columnist for The New European.
Joseph Edmund Johnson, Baron Johnson of Marylebone, is a British politician who was Minister of State for Universities, Science, Research and Innovation from July to September 2019, as well as previously from 2015 to 2018. A member of the Conservative Party, he was Member of Parliament (MP) for Orpington from 2010 to 2019. He currently sits in the House of Lords. His older brother, Boris Johnson, was Prime Minister of the United Kingdom between 2019 and 2022.
The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the United Kingdom.
The United Kingdom European Union membership referendum, commonly referred to as the EU referendum or the Brexit referendum, took place on 23 June 2016 in the United Kingdom (UK) and Gibraltar to ask the electorate whether the country should remain a member of, or leave, the European Union (EU). It was organised and facilitated through the European Union Referendum Act 2015 and the Political Parties, Elections and Referendums Act 2000. The referendum resulted in 51.9% of the votes cast being in favour of leaving the EU. Although the referendum was legally non-binding, the government of the time promised to implement the result.
Brexit was the withdrawal of the United Kingdom (UK) from the European Union (EU) at 23:00 GMT on 31 January 2020. The UK is the only sovereign country to have left the EU or the EC. The UK had been a member state of the EU or its predecessor the European Communities (EC), sometimes of both at the same time, since 1 January 1973. Following Brexit, EU law and the Court of Justice of the European Union no longer have primacy over British laws, except in select areas in relation to Northern Ireland. The European Union (Withdrawal) Act 2018 retains relevant EU law as domestic law, which the UK can now amend or repeal. Under the terms of the Brexit withdrawal agreement, Northern Ireland continues to participate in the European Single Market in relation to goods, and to be a de facto member of the EU Customs Union.
Campaigning in the United Kingdom European Union membership referendum began unofficially on 20 February 2016 when Prime Minister David Cameron formally announced under the terms of the European Union Referendum Act 2015 that a referendum would be held on the issue of the United Kingdom's membership of the European Union. The official campaign period for the 2016 referendum ran from 15 April 2016 until the day of the poll on 23 June 2016.
Between 2017 and 2019, representatives of the United Kingdom and the European Union negotiated the terms for Brexit, the planned withdrawal of the UK from the EU. These negotiations arose following the decision of the Parliament of the United Kingdom to invoke Article 50 of the Treaty on European Union, following the UK's EU membership referendum on 23 June 2016.
The United Kingdom was a member state of the European Union (EU) and of its predecessor the European Communities (EC) – principally the European Economic Community (EEC) from 1 January 1973 until 31 January 2020. Since the foundation of the EEC, the UK had been an important neighbour and then leading member state, until Brexit ended 47 years of membership. During the UK's time as a member state two referendums were held on the issue of its membership, with the first being held on 5 June 1975, resulting in a vote to stay in the EC, and the second, held on 23 June 2016, which resulted in the vote to leave the EU.
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