Business Standard

A divided United Kingdom exits EU's orbit, enters Brexit unknown

For supporters, Brexit is an escape from a doomed German-dominated project that had fallen far behind the world's leading powers of the United States and China

Boris Johnson
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UK PM Boris Johnson

Guy Faulconbridge | Reuters
The United Kingdom exits the European Union’s orbit on Thursday, turning its back on a tempestuous 48-year liaison with the European project for an uncertain Brexit future that will shape the fortunes of its people for generations to come.
 
Brexit, in essence, takes place at the strike of midnight in Brussels, or 23.00 London time (GMT), when the United Kingdom leaves de-facto membership that continued after it formally left the bloc on January 31.
 
For five years, the frenzied gyrations of the Brexit crisis have dominated European affairs, haunted the sterling markets and tarnished the United Kingdom’s reputation

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