Britain + exit = Brexit. It’s the idea that the Brits will leave the European Union. The current prime minister in the UK, Theresa May, is fighting for Brexit at the moment. The 29th of Mars it will be clear if the UK will leave the EU or not.
The European Union is a block of 28 countries that decided it would be cool if its citizens could go about vacationing and trading with each other without worrying about all the red tape.