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

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

the European Sting Milestones

Featured Stings

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

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

EntEx Organises 5 Summer Schools for Young Entrepreneurs across Europe in June/July 2014

Denmark’s last circus elephants are retiring – here’s what might take their place

A Sting Exclusive: “Junior Enterprises themselves carry out projects focusing on the environment”, JADE President Daniela Runchi highlights from Brussels

‘Comprehensively include migrants’ or sustainable development won’t happen, warns General Assembly President

Towards a European Republic

Is Britain to sail alone in the high seas of trade wars?

This is the world’s biggest mental health problem – and you might not have heard of it

Last-chance Commission: Why Juncker promised investments of €300 billion?

Tobacco is harming the planet, not just our health, says new study

WHO and UNICEF in campaign to protect 1.6 million in Sudan from cholera

The three US financial war fleets

Online government services could change your life. But only if you have access to the internet

Parallel downfalls of Merkel and Deutsche Bank threaten Germany and Europe

Amid ‘volatile’ environment, UN mission chief urges Iraqi leaders to ‘listen to the voice of the people’

“As long as we work together through thick and thin, more benefits can be delivered to the people of Eurasia”, China’s Premier Li Keqiang highlights from ASEM in Brussels

Eurozone 2013: Where to?

Carnage must stop in northwest Syria demands Lowcock, as attacks intensify

‘A trusted voice’ for social justice: Guterres celebrates 100 years of the International Labour Organization

Act now to end violence, Zeid urges Nicaraguan authorities

Netherlands: Budget MEPs back €1.2m in job-search aid for 450 redundant workers

Four in 10 indigenous languages at risk of disappearing, warn UN human rights experts

Health Education, is it a necessity?

After the Italian ‘no’ and the Brexit, Germans must decide which Europe they want

Here are the biggest cybercrime trends of 2019

Peace in the Gulf ‘at a critical juncture’ says DiCarlo, urging continuation of Iran nuclear deal

In the age of the tourism backlash, we need ‘destination stewards’

Traditional finance is failing millennials. Here’s how investing needs to change

World Migratory Bird Day highlights deadly risks of plastic pollution

Online shopping across the EU to be easier from 3 December

Force used against protestors in Gaza ‘wholly disproportionate’ says UN human rights chief

COP24 negotiations: Why reaching agreement on climate action is so complex

EU-US trade talks go ahead despite Prism and civil rights breach

Low quality healthcare is increasing the burden of illness and health costs globally

How music can help children with autism connect

Parliament votes for €1 billion in aid to Ukraine

5 things you need to know about water

Top UN officials strongly condemn ‘horrible terrorist act’ in Nairobi

Hungary has made progress on greening its economy and now needs to raise its ambitions

IMF’s Lagarde indirectly cautioned Eurozone on deflation

Bankruptcy or referendum: which one is going to be first?

10th ASEM in Milan and the importance of being one: EU’s big challenge on the way to China

Impact of high debt levels on least developed countries ‘cannot be overstated’, says UN

Food safety: New rules to boost consumer trust approved by MEPs

What just happened? 5 themes from the COP24 climate talks in Poland

Tuesday’s Daily Brief: #GlobalGoals progress, essential meds, updates from Cox’s Bazar, Sudan and DR Congo

Saudi Arabia: UN experts push for prompt release of women human rights defenders

FROM THE FIELD: A mountain of indigenous knowledge in Peru

Cheap sea transport with low cost seafarers

A European Discovers China: 3 First Impressions

As inequality grows, the UN fights for a fairer world

After Brexit and Grexit, Brussels to deal with Poloust

The Energy Union: from vision to reality

Impact investment favours expats over African entrepreneurs. Here’s how to fix that

US resolution to condemn activities of Hamas voted down in General Assembly

Europe faces economic turmoil as Italy gets closer to the Excessive Debt Procedure

We are ‘burning up our future’, UN’s Bachelet tells Human Rights Council

Why vaccines are not just for children

3 ways firms can master the digital challenges of the 4IR

How Islamic finance can build resilience to climate change

Youth platforms call on German Government to break down legal barriers for young volunteers and pupils

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