The Brexit crisis, explained

Here's everything you need to know

A pub.
(Image credit: Illustrated | Dan Kitwood/Getty Images, jessicahyde/iStock)

Britain and the European Union have a Brexit deal. Sort of.

As you surely know, back in June 2016, the British populace shocked the world by narrowly voting to leave the European Union. This was seen as potentially catastrophic for England's economy, as leaving the EU would drastically curtail the free movement of people, goods, and services that has been so critical to the U.K.'s economic growth. Since the vote, Prime Minister Theresa May and her fellow lawmakers in the U.K. and EU have been trying to figure out how to actually deliver on the referendum while avoiding disaster.

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Jeff Spross

Jeff Spross was the economics and business correspondent at TheWeek.com. He was previously a reporter at ThinkProgress.