In an interview with the Financial Times, he predicted a “Remain dividend” for the economy if Britain stays, with businesses choosing to invest and create jobs after the vote.
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As of Tuesday afternoon, “Brexit” was not trending in Google News’ “Top Stories” for the USA, but British Prime Minister David Cameron was on the list for his “Brits don’t quit” comments in a television address to the nation.
U.K. Prime Minister David Cameron joined his predecessor Gordon Brown in a final, cross-party appeal to voters to reject a so-called Brexit when they cast ballots Thursday in a referendum on the country’s European Union membership.
World leaders including US President Barack Obama, Chinese President Xi Jinping and North Atlantic Treaty Organisation and Commonwealth allies have urged Britain to remain in the EU.
“Britain leaving the European Union would mean uncertainty for our firms, less trade with Europe and fewer jobs”, the letter said.
In the last major debate of the referendum, London’s newly elected mayor, Sadiq Khan, accused Boris Johnson, the main leader of the Leave campaign, of orchestrating “project hate” and exploiting fears of immigration to stoke anti-EU opinions.
Despite the security implications, much of the referendum debate has hinged on the economy.
UK Independence Party (UKIP) leader Nigel Farage, delivers an anti-European Union speech in London on June 22, 2016, as he continues to campaign for a Brexit, ahead of the June 23 EU referendum.
James Bond star Daniel Craig and Irish rock band U2 endorsed “Remain”, while bosses from almost 1,300 of Britain’s leading businesses warning in the Times that Brexit would endanger jobs.
“Short-term traders can not be blind to the risks that despite recent confidence high volatility and short-term illiquidity remain a possibility as the results of the Brexit vote unfold”, he said, according to Bloomberg News.
Warning against the loss of Britain’s global status is one of the odder arguments from the “Remain” camp.
Opposition Labour Party supporters are seen as being more pro-EU than Conservatives, but less passionate about the issue.
Earlier this week, the prime minister said officials are looking at what could happen if Britain does decide to leave the EU.
Leaders of about half of Britain’s largest companies made a last-ditch appeal to their employees to vote for remaining in the European Union.
The Remain campaign said the letter showed “unprecedented” support from across business and finance.
“A strong United Kingdom in a strong Europe is good for the United Kingdom, but it’s also good for Nato”, Mr Stoltenberg said. U.S. Federal Reserve chair Janet Yellen warned Tuesday that the upcoming vote “could have significant economic repercussions”. However the markets have seemingly now already called it in favour of “Remain” and are, as a result, pricing this in.
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However, Joseph Capurso, a senior currency strategist in Sydney at Commonwealth Bank of Australia, said, “The way the pound is trading it looks like the vote is a foregone conclusion for ‘Remain'”.
