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.

the sting Milestones

Featured Stings

Can we feed everyone without unleashing disaster? Read on

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

Some Prevailing Arguments and Perceptions over the South China Sea Issue Are Simply Wrong

WHO chief underscores need to address climate change following visit to Bahamas

“What a Wonderful World”: the unsettled relationship between Climate Change and Human Health

The UK referendum has already damaged Europe: even a ‘remain’ result is not without cost to Britain and the EU

Here are 5 reasons why the ocean is so important

Bosnia and Herzegovina: EU allocates additional €3.5 million to support vulnerable refugees and migrants

Miguel Arias Cañete European Commission

EU should invest more in climate and not sit back on its laurels and watch

We should look to nature for solutions to the global water crisis. Here’s why

Measuring consumer confidence isn’t useful anymore. Here’s what we should do instead

India: Climate emergency message resonates at world’s largest literature festival – UN News special report from Jaipur

UN team aids Samoa response to deadly measles epidemic

Sign language protects ‘linguistic identity and cultural diversity’ of all users, says UN chief

EU Summit/Migration: Parliament calls for joint solutions based on solidarity

This robot boat delivered a box of oysters in a breakthrough for unmanned shipping

How teaching ‘future resilient’ skills can help workers adapt to automation

These are the next big products in consumer technology

A new proposal breaks the stalemate over the Banking Union

Women in leadership: eliminating the gender gap in medicine

Why Commissioner Rehn wants us all to work more for less

The European Sting @ Mobile World Congress 2014, Creating What’s Next for the World. Can EU Policy follow?

Apparently the EU Digital Single Market passes necessarily from China’s Digital Silk Road

MEPs back first EU management plan for fish stocks in the Western Mediterranean

5 ways you can protect insects if you live in a city

What would it take to make AI ‘greener’?

Why protectionism spells trouble for global economic growth

What is a CSO and does every company need one?

What if Trump wins the November election and Renzi loses the December referendum?

5 ways for businesses to walk the talk on gender equality

10 lessons from the COVID-19 frontline for a more gender-equal world

3 priorities to shape the post-pandemic financial system

Making Europe’s businesses future-ready: A new Industrial Strategy for a globally competitive, green and digital Europe

GSMA Reveals Virtual Event Details Welcoming a New Era of Connected Impact at MWC Barcelona

Here’s how to achieve an optimal student/tutor ratio

A Sting Exclusive: “Technology for all, development for all: the role of ITU”, written by the Secretary General of the United Nations Agency

A new catastrophic phase in the Syrian carnage

A Sting Exclusive: “Regional Policy: a fully-fledged investment policy”, Commissioner Cretu reveals live from European Business Summit 2015

5 facts you might not know about why forest biodiversity matters

Where America’s refugees came from in 2018

UN chief condemns deadly attacks in Pakistan

Biblioburro: The amazing donkey libraries of Colombia

EU-wide penalties for money laundering: deal with Council

Main results of Asia-Europe Meeting (ASEM) – 18-19/10/2018

Mediterranean migrant drownings should spur greater action by European countries, urge UN agencies

Do you dare to go to China?

Inequality triggered protests across Latin America. Here’s how the youth can help

‘Think beyond farm jobs’ to reach sustainable development, UN agriculture chief advises African youth

New EU rules ensure better protection for 120 million holidaymakers this summer

New European Bauhaus: new actions and funding to link sustainability to style and inclusion

European Court rules that ECB’s OMT program of 2012 is OK; not a word from Germany about returning the Greek 2010 courtesy

European tourism remains a strong growth factor

Mergers: Commission fines Canon €28 million for partially implementing its acquisition of Toshiba Medical Systems Corporation before notification and merger control approval

10 of Albert Einstein’s best quotes

Commission welcomes the adoption of €373 billion Cohesion policy legislative package 2021-2027

Mental health and suicide prevention: the contradictory access in a reference city of southern Brazil

€200 million to promote European agri-food products in and outside the EU

Energy Union: deals on efficiency targets and governance

6 ways travelling professionals can cut their carbon footprint

Help prevent children ‘from becoming victims in the first place’, implores Guterres at campaign launch

Google once more under EU crossfire from a possible record fine and new Right to be forgotten case

Abu Dhabi is investing $250 million in tech start-ups

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

%d bloggers like this: