Brexit update: Leave campaign leads race but undecided voters will determine the outcome of the EU referendum

David CAMERON, Prime Minister of the United Kingdom, at the European Council. Shoot location: Brussels – Belgium. Shoot date: 18/12/2015. Copyright: ‘The European Union’.

David CAMERON, Prime Minister of the United Kingdom, at the European Council. Shoot location: Brussels – Belgium. Shoot date: 18/12/2015. Copyright: ‘The European Union’.

The time has come and the British citizens will have to take the faith of their country in their own hands. In just over a week they will decide whether they want to stay or leave the European Union with the rest of the world to wait the outcome with great anxiety.

There have been several opinion polls during the last days and almost all show that the Leave campaign is leading but the undecided voters are the ones to determine the outcome of the EU-UK referendum. Some of the main issues that play crucial role and could influence UK citizens’ minds are the and the growth of the national economy.

Europe wants UK to stay

Will UK be a member of the EU after June 23? Nobody can be sure but that is something that the European leaders and officials want and are doing whatever they can to persuade the British people to stay within the “European family”. Donald Tusk warned that a Brexit vote will cause rise of anti-European power and create negative effects to both economies.

More specifically, the president of the European Council said: “As a historian I fear Brexit could be the beginning of the destruction of not only the EU but also Western political civilisation in its entirety. Every family knows that a divorce is traumatic for everyone. Everyone in the EU, but especially the Brits themselves, would lose out economically.”

What is more, Martin Schulz, the president of the European Parliament, mentioned that problems such as financial crisis, climate change, refugee crisis must be dealt at a European level “with more and better Europe” showing his clear support for the Remain campaign.

Polls reveal Brexit

There have been numerous opinion polls regarding the outcome of the EU-UK referendum with the main finding so far to be that the Brexit side has raised its percentage to a great extent reaching the Remain one.

The TNS online poll of 2.497 people which was published yesterday reveals that 47% of them want UK to leave the EU whereas 40% will vote to stay within the bloc. However, a considerable part of 13% still hasn’t decided or will not vote in the upcoming referendum.

Similar results were shown by the ORB online poll which gives to the Leave campaign a 10 point lead. Another online study (The Opinium) which was conducted in a sample of 2009 voters and published on June 12 for the Observer showed that both sides are close to 43-44% but the undecided voters consist of 13% of the total sample which makes things quite fragile.

Furthermore, the average of the six polls (both online and phone) conducted during the previous week show that both sides are close with the Remain one to maintain a small lead.

Possible UK exit causes financial markets’ volatility

The recent volatility of the world markets with the sterling to decline against almost all main counterparts experiencing a 1.1% decrease has raised serious concerns. The S&P 500 and MSCI World Index’s drop revealed also that the increase of Brexit’s probabilities have contaminated the financial world.

Nevertheless, UK is and will always be influencing the rest of the global markets with or without an EU-exit probability. There will always be uncertainties which will cause turbulences to the financial markets but eventually they will come back to normal in the long-run.

Besides, the European Central Bank (ECB) will pledge to support markets in the event of a Brexit scenario according to a senior central bank official who stated to Reuters that “there will be a statement to do whatever it takes to maintain adequate market liquidity.” The latter shows that the European mechanisms want to be ready in any case and several meetings have been scheduled especially on June 23 and 24 between Mario Draghi and his European peers.

Undecided voters will make the difference

The polls have shown that people are changing their minds according to the latest news and find it difficult to decide what is best for them. The percentage of people who has not yet decided if or what will vote is most likely to reveal the winner of the referendum. One thing is most likely to happen though. Undecided voters in general tend to support the side which preserves their status quo in fear of the unknown and in this case is the Remain side.

All in all, the coming days till the referendum will be crucial and both sides are about to make their last desperate efforts to persuade the remaining undecided Britons to vote in their favor by always looking for what the best for the UK.

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

the European Sting Milestones

Featured Stings

Stopping antimicrobial resistance would cost just USD 2 per person a year

Investing in rural women and girls, ‘essential’ for everyone’s future: UN chief

‘Stand united against anti-Muslim hatred’ urges Guterres, after mosque shootings in New Zealand leave 49 dead

Erasmus+ will finance existing UK-EU mobility in the event of no-deal Brexit

Despite progress towards peace, Afghanistan facing ‘daunting challenges’ ahead of presidential vote

Brexit effect: Public opinion survey shows that EU is more appreciated than ever

Why the Greeks forgave Tsipras’ pirouettes around austerity and voted again for SYRIZA

A Sting Exclusive live from Brussels: Solheim’s consequential visit leading the world and the UN

Is ECB helping Germany to buy cheaply the rest of Europe?

This new way of understanding disease is changing medicine

Britain offers more money for an orderly Brexit but the Irish question resurges

Crimea, a wicked game of political chess and a ‘big’ coincidence

Indonesia: Psychological impact on earthquake survivors turns villages into ‘ghost towns’

“If the job market doesn’t exist, then even the most brilliant Youth Guarantee cannot ensure a job to these young people”, European Youth Forum Secretary General Giuseppe Porcaro on another Sting Exclusive

Tax Inspectors Without Borders making significant progress toward strengthening developing countries’ ability to effectively tax multinational enterprises

Youth policy in Europe not delivering for young people

Superbugs: MEPs advocate further measures to curb use of antibiotics

The Commission unsuccessfully pretends to want curbing of tax evasion

Western Balkans: European Parliament takes stock of 2018 progress

MEPs demand end to EU arms exports to Saudi Arabia

Chatterbox Rome Declaration cannot save the EU; Germany has to pay more to do that

CLIMATE CHANGE FOCUS: Cows, coffee and sustainable farming

Trump-China trade war lingers upsetting global economy and stock markets

Theresa May in search of a magic plan to invoke Article 50 and start Brexit negotiations now

Brussels wins game and match in Ukraine no matter the electoral results

Why Eurozone urgently needs the ECB to print and distribute at least €500 billion

The psychology of pandemics

Safer roads: More life-saving technology to be mandatory in vehicles

One Day in Beijing

Europe’s poor investment in digital is threatening prosperity. Here’s what its start-ups need

“For my children Italy will be an innovation lab and not a museum”; the Sting reports live from World Economic Forum 2015 in Davos

EU tells Britain stay in as long as you wish

The future of science could be in your gut. Here’s why

Africa’s Sahel must be a top priority for UN peacebuilding efforts, says commission

First-ever global conference of national counter-terrorism chiefs will strengthen cooperation, build ‘resilient’ States, says top UN official

Google’s bare truth: Europe’s Chief denies EU accusations but admits they “don’t always get it right”

Facebook: MEPs demand a full audit by EU bodies to assess data protection

We need to rethink neuroscience. And you can help us

Newly displaced fleeing attacks in northeast Nigeria, top 2,000

How can newspapers survive? By measuring their social impact

Trump enrages the Europeans and isolates the US in G7

Ten UN peacekeepers killed in a terrorist attack in northern Mali

‘Forgotten crisis’ in Cameroon, with attacks on the rise, millions in need of ‘lifesaving assistance’

Macron crowned king of Europe in Washington D.C.; just a working meeting with Trump for Merkel

Is it true that the G20 wants to arrest tax evasion of multinationals?

Robot inventors are on the rise. But are they welcomed by the patent system?

European Business Summit 2014: The role of youth entrepreneurship education in EU’s Strategy for Competitiveness

China Unlimited Special Report: at the heart of Beijing

‘Stealing’ food from hungry Yemenis ‘must stop immediately’, says UN agency

“Prevention is better than cure”: the main goal of modern medicine

A silent killer: the impact of a changing climate on health

A health approach to climate change

UN chief ‘alarmed’ by violations of UN-backed ceasefire in Libya

The Government of China and UNIDO partner to develop technical guidelines for standards of small hydropower development

EU budget: Boosting cooperation between tax and customs authorities for a safer and more prosperous EU

UN chief condemns explosion at election rally in Zimbabwe that injured dozens, including senior politicians

China’s cities are rapidly becoming more competitive. Here’s why

Are we at the edge of anti-vaccination health crisis?

The great challenge of the 21st century is learning to consume less. This is how we can do it

Let us keep ‘their spirit of service alive’: Guterres leads tributes to UN workers who died in Ethiopia crash

Jeroen Dijsselbloem new Eurogroup president

More Stings?

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s