Markets also fell further in France, Germany and Asia after three new polls put the Leave campaign ahead. This makes it yet another piece of research that proves that a pro-Brexit swing is definitely happening.
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For months, No10 and Labour HQ took heart from the fact that while internet polls were pointing to a close race, more traditional phone polls tended to show a double-digit lead for Remain. It would be a mistake to feel that this relative calm is a sign of what might happen if Britain voted to leave.
This as another survey, released by The Independent on Friday, found that the “Leave” camp has managed to open up a 10-point lead over the rival “Remain” campaign, leading them 55 percent to 45 percent. The EU Poll of Polls, which is based on the average of the six most recent polls, shows Leave at 52 percent and Remain on 48 Percent.
His message may not have been helped by an intervention from Ed Balls, Labour’s former Treasury spokesman, who criticised the way the European Union now handles immigration while also calling for people to vote “Remain”.
Boris Johnson and other Vote Leave chiefs reassured farmers, universities and arts groups that their funding would be protected outside the EU.
In other campaign developments, the Chancellor, George Osborne, will claim today that a “Brexit budget” comprising £30bn in tax increases and spending cuts would be triggered by a Leave vote.
“I am happy to trade now, but I will be on the sidelines on June 23”, said a spot trader, adding he would be cutting his short bets in the next few days.
Here’s what investors absolutely must know following the latest Brexit poll today…
Much would depend on the manner in which the United Kingdom negotiated with what would now be a 27-nation European Union after a Brexit, which would likely take effect some two years after the referendum on 23 June.
The first polls of Monday evening came from ICM, which published both phone and online surveys showing “Leave” opening up a 5 percentage-point lead over “Remain”.
Worries about Brexit have also contributed to the United Kingdom economy losing momentum in recent months, and investors have pushed back rate hike expectations to the end of the decade. Ben Page said the “leave” campaign had made immigration the main argument of the campaign over the past month, eclipsing the “remain” campaign’s warnings over the economic consequences of a Brexit.
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A YouGov poll for London newspaper The Times on Monday showed British support for leaving the European Union stood at 46 per cent, ahead of the 39 per cent who wanted to remain.
