• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
FinanceBrexit

What Time Is the Brexit?

By
Stephen Gandel
Stephen Gandel
By
Stephen Gandel
Stephen Gandel
June 23, 2016, 11:32 AM ET
BRITAIN-EU-POLITICS
A boat decorated with flags and banners from the 'Fishing for Leave' group that are campaigning for a 'leave' vote in the EU referendum sails by the British Houses of Parliament as part of a "Brexit flotilla' on the river Thames in London on June 15, 2016. A Brexit flotilla of fishing boats sailed up the River Thames into London today with foghorns sounding, in a protest against EU fishing quotas by the campaign for Britain to leave the European Union. / AFP / NIKLAS HALLE'N (Photo credit should read NIKLAS HALLE'N/AFP/Getty Images)Photograph by Niklas Halle'n — AFP via Getty Images

On Friday, June 24, at 12:00 a.m. ET (5 a.m. GMT) is the time when we will know whether British voters in London and around the U.K. have voted to leave the European Union, a political-economic union that is made up of 28 countries located in Europe, which many have called Brexit.

Or maybe not.

We might actually know sooner. Voting on Brexit started at 2 a.m. ET (7 a.m. GMT) on Thursday and polls close at 5 p.m. ET (10 p.m. GMT) on Thursday evening. But there are no exit polls being done by any of the major British broadcasters for fear of accuracy. So unlike with U.S. elections there won’t any projections shortly after the polls are closed.

The first news of how the vote went will come out at 6:30 p.m. ET (11:30 p.m. GMT). That when the first of the 382 voting wards in the U.K. will begin to report the results from their districts. By 11 p.m. ET (4 a.m. GMT) half the wards should have reported their results. But it won’t be until 12:00 a.m. that 80% of the districts have reported their results, and it is likely that anyone will be able to declare that either the “leave” camp had won, or the “remain” camp, which goes by Bremain was victorious.

But even if the vote passes, the actual Brexit won’t happen for another two years, which would be the deadline on negotiations for a new trade deal between the U.K. and the EU.

The outcome will matter a lot to the future political career of David Cameron, who is the prime minister of the U.K., and the leader of Conservative Party.

Clear here, for Fortune’s coverage of what happens in the Brexit vote.

[playbuzz-item url=”//www.playbuzz.com/fortune/poll-should-the-uk-leave-the-european-union”]

About the Author
By Stephen Gandel
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.