For the foreseeable future, the question as to what will happen in the wake of
Brexit cannot be answered with any degree of reliability.
range from a contentious separation to a second, “Bremain” referendum. Exit
negotiations can only begin after the UK has invoked Article 50 of the Treaty of
Lisbon. At the most recent Tory party conference, the UK Prime Minister
Theresa May announced that the UK would issue official notification of its
intention to withdraw its membership by the end of March 2017.
This could be
delayed by the High Court ruling on the requirement for parliamentary consent,
a further ruling by the Supreme Court and possibly the drafting of a
parliamentary bill which can then be put to a vote.
The Treaty of Lisbon provides
for a two-year period for negotiations on the withdrawal of membership.