The UK is going to hold a referendum to decide if they stay in the European Union or if they are the first country to leave it.
The referendum will take place on the 23rd of June.
Polling stations will open between 7 a.m. and 10 p. m.
If they decide to leave, that process would probably take years.
PROS OF LEAVING THE EUROPEAN UNION
- The UK would stop paying the fee they pay to the EU every year.
- Taxing might change as EU taxing regulations would not apply.
- CAP (The Central Agricultural Policy) is said to be very expensive and not very effective.
- The EU is thought to have a lot of "useless" bureaucracy.
- In the EU there is free movement of people so the UK has little power controlling immigration and immigrants are supposed to benefit from and even abuse the British welfare system.
CONS OF LEAVING THE EUROPEAN UNION
- Free trade with the EU would be limited and about 50% of their trade takes place with the EU.
- If the UK keeps special agreements with the EU (as Norway does) they would still have to pay and their situation would not be very different from the one they have now.
- London is one of the most important financial centres and it might be affected.
- The EU is one of the largest world markets and access to it would resent.
- The EU has introduced legislation protecting workers: regulated working hours (limited to 48 a week), paid parental leave and anti-discrimination laws.
- Many jobs depend of the current relation with the EU.
- Britons travelling to the EU would need their passports again.
- Most immigrants into the UK have a higher education level than Britons themselves.