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RE: LeoThread 2025-02-06 03:08

in LeoFinance4 months ago

Part 2/10:

The movement to leave the European Union was fueled by a combination of factors, including financial contributions to the EU budget and concerns over growing immigration. At the time of the UK's entry into the EU in 1973, the benefits were clear: a no-tariff trade agreement meant lower costs for businesses exporting goods and a broader market for British products. However, as the EU expanded and its bureaucratic processes grew, the UK's financial contributions increased. By the early 2000s, dissatisfaction with these payments and perceived disadvantages in other areas created a fertile ground for the rise of the UK Independence Party (UKIP), which campaigned fervently for leaving the EU.

Political Landscape Leading to the Referendum