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But predictions of immediate doom were wrong, with the UK economy estimated to have grown 1.8% in 2016, second only to Germany's 1.9% among the world's G7 leading industrialised nations. UK growth has slowed so far in 2017, but the economy is still expanding. Inflation has risen since June 2016 to stand at 2.6%, but unemployment has continued to fall, to stand at a 42 year low of 4.5%. Annual house price increases have fallen from 9.4% in June 2016 but were still at an inflation-beating 4.7% in the year to May 2017, according to official ONS figures. They finally, officially, started on 19 June, 2017. Here's a picture from that first session: The UK and EU negotiating teams are scheduled to meet face-to-face for one week each month. Their first tasks are trying to get an agreement on the rights of UK and EU citizens after Brexit, reaching a figure for the amount of money the UK will need to pay on leaving, and what happens to the Northern Ireland border. You can find out more about the talks here. The European Union - often known as the EU - is an economic and political partnership involving 28 European countries (click here if you want to see the full list) . It began after World War Two to foster economic co-operation, with the idea that countries which trade together are more likely to avoid going to war with each other. It has since grown to become a "single market" allowing goods and people to move around, basically as if the member states were one country.http://www.bbc.co.uk/news/uk-politics-32810887
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