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On the 29th of March, the deadline for the UK to leave the EU is reached. As things stand, the UK will leave the EU wether they have a deal or not. That means that the No-Deal Brexit remains as an option, unless Theresa May presents a plan that the majority of the British Parliament agrees to.

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-Government would not have to pay the annual £13 billion contribution to the EU budget
-However Britain would lose out on some EU subsidies
-Value of the £ could go down

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-relevant EU laws would be transferred over so there would be no black holes in Britain’s lawbook
-Britain would no longer have to adhere to the rulings of the European Court of Justice but it would be bound to the European Court of Human Rights

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-the UK would be free to set its own controls on immigration by EU nationals
-3.7 million Europeans live in Britain -->their rights to live and work would be unclear
-Professionals working in the EU might find their qualifications are no longer recognised
-flights to the EU could be grounded as  necessary safety confirmations to cover both ends of the journey might not be in place

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-UK would revert to World Trade Organisation rules on trade
- it would have to face the EU’s external tariffs
-the price of goods in shops for Britons could go up as businesses would have to place tariffs on goods imported from the EU
-some British-made products may be rejected by the EU as new authorisation and certification might be required
-manufacturers could move their operations to the EU to avoid delays in components coming across the borde
-long delays at borders if passport and customs checks are heightened.

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What Will Happen To The UK After a No Deal? - Brexit Explained

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Because, as they stated, it isn't the party they joined years ago. It now stands for racism and anti-semitism. They want to call themselves the 'Independent Group', now that they left the Labours. The seven MPs are all want the UK to stay in the EU

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List of the MPs that have resigned:

Luciana Berger,
Chuka Umunna,
Chris Leslie,
Angela Smith,
Mike Gapes,
Gavin Shuker
Ann Coffe

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the law would have to be changed by the government, which they denied to do. However, if enough MPs voted for the motion, there had to be another referendum. As it seems, there won't be a second referendum.

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- to ensure a smooth exit from the EU for businesses and individuals
- to allow time for the two sides to hammer out a permanent trading relationship

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On 23 June 2016 the UK held a referendum on leaving the EU. Voters in England, Scotland, Wales and Northern Ireland voted ‘remain’ or ‘leave’ in response to the following question: ‘Should the United Kingdom remain a member of the European Union or leave the European Union’?

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There you can debate on a motion presented by 'Mr. Speaker' which will then be discussed by all the present parties. In the end they vote for or against the motion.

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Merging the words brexit and exit to get "Brexit"