Brexit: Final poll says Britain may vote to leave EU
“I hope people make use of their vote”.
The Daily Mail hailed it as a victory by “the quiet people of Britain” over an arrogant, out-of-touch political establishment and a contemptuous Brussels. Even though I voted to leave, this morning I woke up and the reality did actually hit me.
“The pound fell a long way very quickly and the talk was that the speculative guys sold it on the first results last night and then bought it back”, said Richard Benson, co-head of portfolio management at currency fund Millennium Global. “You can see the European economy’s recovery”. Now it is our turn.
However a slim victory for Remain in Newcastle followed by a significant win for Leave 15 miles away in Sunderland dramatically shifted the balance in favour of Leave.
The British vote is considered a political natural disaster that will shatter the stability of the continental unity forged after the Second World War.
Veteran Labour lawmaker Keith Vaz says “this is a crushing, crushing decision”.
The First Minister said she would “begin to prepare the legislation” to allow this to happen.
Hong Kong-listed shares of HSBC and Standard Chartered fell more than 3 percent, indicating a sharp decline in these stocks when they start trading in London.
The day has finally arrived and the final 2 polls are showing the Remain came in the lead over the Leave group.
A British withdrawal from the European Union would trigger a lengthy exit negotiation, leading to the loss of unfettered access to its partners in the EU’s single market and forcing the country to strike its own trade accords across the world. In fact, every single region in Scotland opted to stay. “Scotland has spoken, and spoken decisively”, she said.
David Cameron announced he will resign as Prime Minister following the UK’s decision to vote for Brexit.
The border between Ireland and Northern Ireland will become the EU’s only land border with Britain.
Former London Mayor Boris Johnson, the most prominent supporter of the “leave” campaign, is now seen as a leading contender to replace Cameron.
In the country itself, divisions widened after the relatively close result in Thursday’s referendum.
“Now we’re going to have to trade from outside the European Union, food prices, petrol prices.that’s all going to rise”.
Equities rallied and the Australian dollar – rarely considered a safe-haven currency – hit its strongest against the USA dollar since before the Reserve Bank of Australia cut the cash rate to 1.75 per cent, almost seven weeks ago.
Some “Leave” campaigners accuse the “Remain” camp of exploiting the death as part of what they portray as a campaign of scaremongering over the referendum by the establishment at home and overseas.
Scotland voted in September 2014 by 55 percent to remain part of the United Kingdom. “Let June 23 go down in our history as our independence day!”
Sunderland has a large number of older, lower income voters who polls show are more likely to back so-called “Brexit”.
Within moments of Sunderland opting for Leave by an emphatic 61% to 39%, the value of sterling slumped by around 3% in a sign of market concern that Britain may about to take the dramatic step of quitting the European Union after 43 years.
On Tuesday, pollster YouGov had “Leave” ahead by 51 percent to 49, while a Survation poll had “Remain” ahead by just one percentage point.