United Kingdom: History
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England and Wales are politically and administratively unified.
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England and Scotland are unified as the United Kingdom of Great Britain.
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The term "United Kingdom" become official after the United Kingdom of Britain and Ireland unite.
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Ireland, with the exception of six northern counties, gains its independence from the United Kingdom.
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The United Kingdom's economy suffers greatly during the Great Depression, with millions left unemployed and Britain's world trade dropping by half.
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The United Kingdom becomes a founding member of NATO.
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The United Kingdom joins the European Economic Community.
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Margaret Thatcher becomes prime minister and begins to implement free-market policies.
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A government program aimed at privatizing state-run industries is implemented.
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The government part-nationalizes three leading banks with a 37 billion pound rescue package, as the global financial crisis hits the country.
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The government announces large-scale public spending cuts in order to combat the United Kingdom's large budget deficit, with an average of 19% budget cut in government departments over four years.
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The UK economy continues to shrink, marking a return to recession.
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The United Kingdom votes to leave the European Union in a referendum, commonly referred to as the "Brexit."
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The United Kingdom officially leaves the European Union, initiating an 11-month transition period while trade negotiations are finalized.
Sources:
BBC NewsBritannica