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BREGRET stands for BRExit reGRET, i.e. voting to Leave the EU and then regretting that decision later. A person who Bregrets is known as either a Bregreter or Bregreteer. BREGRET spread even faster across the country when Nigel Farage, head of the anti-EU UKIP party, went back on a Leave campaign pledge to channel £350M each week that went to the EU, to the NHS. He said that it had been a mistake to make that pledge, and that he had never made it – he blamed Boris Johnson and his campaign for making that mistake. Many people who voted for Brexit, wanted to protest against the establishment. They had not really thought the [consequences] through. It was not until later that they realised they were not only harming the establishment, but perhaps themselves too. On [Friday morning], when the result came in at 52% supporting Leave and 48% backing Remain, the pound went into freefall, the stock market fell, the price of property started to fall. By the end of the day, Moody’s, a company that rates countries – gives them a credit rating score – announced that because of the UK’s Brexit vote, it was downgrading Britain’s credit rating to ‘Negative’. Then later [in the day], a [conservative] MP said the level of [immigration] is unlikely to decrease just because the country left the EU. So two major pledges – money for the NHS and cutting immigration – collapsed within one day. Hence the term BREGRET emerged, as scores of people started to regret voting for Brexit.
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