Britain, EU relation on knife-edge as historic EU referendum closes

Millions of people visited voting booths today to have their say on whether the United Kingdom should quit or remain in the European Union.

YouGov reinterviewed people it last spoke to yesterday to ask how they’d voted and found a “small move to Remain”. In the end, Remain won by the tiniest of margins, taking 50.7 percent of the vote in Newcastle. It will remain exciting until the early morning hours.

And he said turn-out was sky-high in the working class areas where he was hopeful many people would be voting Leave. In Sunderland, 61 percent of voters chose “leave”, a bigger-than expected margin.

At 3.45 a.m., “Leave” votes were ahead by over 500,000 votes, with the English shires and Wales voting strongly for Britain’s exit – Brexit.

First, we did not see this coming.

He noted that this technique tends to show “people who either aren’t captured by the polls, or are trying to hide which way they will really vote”.

Voters can find the location of their polling station on their poll card.

How accurate were the betting odds? Fisher and Horrocks, on their morning of poll update, reported an implied probability of just 23 percent.

With the polls still tight and having proved unreliable in Britain’s general election past year, however, caution remained.

Sterling was last at $1.4450, having carved out a massive range of $1.4000 to $1.5022.

“One can’t deny it’s a real kick to the British establishment because all three party leaders have favored a Remain vote, business on the whole favored a Remain vote, the financial leaders have favored a Remain vote”.

Polling experts said early indications were that “remain” had the advantage, although all of them hedged their comments with warnings and caveats.

An early survey is suggesting voters have chosen to remain in the bloc.

Some are talking of the polls having failed again, as they did ahead of the general election a year ago.

A Brexit vote, however, would deal a potentially fatal blow to the career of Cameron, who called the referendum and campaigned for the country to stay in, against a Leave camp led by rivals from within his own Conservative Party.

“The markets are the best judge of what is going to happen, and they are saying that Britain will remain”. It seems that no such effect was present here. There is limited upside for the currency if Remain wins as that is the most likely scenario and less disruptive for the market overall.

A vote to leave would send decades of European integration into reverse, marking the first time an independent nation has broken away.

She put her ill-feeling about the referendum down to feeling lied to and said backing “Leave” was something “I regret more than anything”. One poll shows 57% of Leave supporters believe that if Britain left, “it would probably be possible for Britain to negotiate free trade with the rest of the European Union, without having to allow European Union citizens to live and work in Britain”.

Investors also priced in even less chance of another hike in US interest rates given the Federal Reserve had cited a British exit from the European Union as one reason to be cautious on tightening.