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

Here are six bold ideas to accelerate sustainable energy innovation

UK keeps its Brexit plan secret or there is no strategy at all whatsoever?

On World Day to Combat Desertification, UN shines spotlight on ‘true value’ of land

Eating less beef and more beans would cut deaths by 5-7%

The EU Commission implicates major banks in cartel cases, threatens with devastating fines

Agreement reached on digital copyright rules

5 ways for business leaders to win in the 2020s

‘Complacency’ a factor in stagnating global vaccination rates, warn UN health chiefs

Sustainability is now mission critical for businesses. Here’s why

The US is withdrawing from a 144-year-old treaty. Here’s the context

Parliament seals ban on throwaway plastics by 2021

UN chief ‘deeply alarmed’ over military offensive in south-west Syria

EU Parliament: Follow the fraudulent money and confiscate it

COP21 Breaking News_05 December: Carbon Price Needed for Climate Change Success

5 amazing schools that will make you wish you were young again

Climate change and health: an everyday solution

Golden Pen of Freedom Awarded to Murdered Saudi Journalist Jamal Khashoggi during World News Media Congress 2019

Meet Alice, the battery-powered plane that could herald the age of electric air travel

Europe had a record year for Measles – and it’s partly down to anti-vaccine campaigners

EU Budget 2019 to focus on young people

No hard drivers in sight to remodel the stagnating affairs of the EU

Veteran UN Syria Envoy to step down, pledges to work ‘until the last hour’ for peace

Is the West gradually losing Africa?

Sweden has invented a word to encourage people not to fly. And it’s working

France is about to start giving free breakfasts to disadvantaged schoolchildren

China is the first non-EU country to invest in Europe’s €315 billion Plan

Statistics show the ugly face of youth training schemes

We had the hottest June ever this year – this is what happened around the world

Do the giant banks ‘tell’ Britain to choose a good soft Brexit and ‘remain’ or else…?

UN food agency begins ‘last resort’ partial withdrawal of aid to opposition-held Yemeni capital

As monsoon rains pound Rohingya refugee camps, UN food relief agency steps up aid

Internet of Things: a Force for Good or Evil?

Strengthening the rule of law through increased awareness, an annual monitoring cycle and more effective enforcement

A Sting Exclusive: “Infrastructure can lay the groundwork for the Sustainable Development Goals” by Mr Fulai Sheng, UN Environment Senior Economist

China is sending science students to live with rural farmers – and crop yields are skyrocketing

Forget about growth without a level playing field for all SMEs

Here are 10 of Nelson Mandela’s most inspirational quotes

Fake news: What it is, and how to spot it

Finland should do more to improve job prospects of low-skilled youth

2014 budget: The EU may prove unable to agree on own resources

Opening Remarks by H.E. Ambassador Yang Yanyi, Head of the Chinese Mission to the EU at the Chinese Fashion Night

WEF Davos 2016 LIVE: “European unity and cooperation is being called on question”, Vice President Joe Biden criticizes from Davos

Thursday’s Daily Brief: dire living conditions in Idlib, migrants at US southern border, end in sight for trachoma, Human Rights Council

Why South Africa is on a path of economic renewal

Can a Bavarian Oktoberfest beer indulger bring down the Berlin government?

Armenia should take vigorous measures against entrenched corruption

Why CEOs need to become activists in sustainability

Preserving biodiversity vital to reverse tide of climate change, UN stresses on International Day

Chernobyl nuclear disaster-affected areas spring to life, 33 years on

The Dead Sea is drying up, and these two countries have a plan to save it

European Youth Forum @ European Business Summit 2014: European Youth Unemployment

Who is to pay for Trump’s trade war against China?

Is it too soon to hope for a tobacco free Romania?

‘Virtual Biopsy’ device detects skin tumours in 15 minutes

The Schengen area is at a crossroads

The Commission neglects the services sector and favours industry

Yesterday’s “jokes” and sarcasm by Digital Single Market’s Vice President Ansip on EU member states’ right to protect their telco markets

Draghi sees inflationary bubbles

MWC 2016 LIVE: Mobile Connect availability hits 2B

Is Europe misjudging its abilities to endure more austerity and unemployment?

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