Share

Brexit Poll: Majority of Brits Want to Leave EU as Referendum Looms

Odds had earlier showed a 65 percent implied probability of a vote to remain in the bloc at the June 23 referendum.

Advertisement

An Ipsos Mori survey published Thursday showed 53 percent of voters backing a Brexit compared to 47 percent who wanted to stay in the European Union.

Later on Thursday, both Vote Leave and Stronger In suspended their campaigns for next week’s referendum after police and media reported a lawmaker was in a critical condition after being attacked in her constituency in northern England.

Illustration picture of postal ballot papers June 1, 2016 ahead of the June 23 BREXIT referendum when voters will decide whether Britain will remain in the European Union. When weighted for those likely to vote and excluding undecideds, the breakdown then was 60 percent for In and 40 percent for out, a spokeswoman for Ipsos Mori said.

Angela Merkel, German Chancellor, warned Britain would be a “third party”, barred from the Single Market: “If Britain votes to leave the EU, it will no longer be able to benefit from the advantages of the European common market. But I can assure you we will be ready and also very precise during our European Council meeting when it comes to Brexit, the political and formal legal results of potential Brexit”.

Such is the concern over a Brexit that the U.S (Other OTC: UBGXF – news). One of the key reasons for the switch in sentiment is that immigration has overtaken the economy as the most important issue to the public, according to the Evening Standard.

Investors are trying to position themselves to profit in case Britons vote to remain in the European Union while at the same time buying “massively” in instruments that will protect them against market declines in case Brexit prevails, Seivy said.

Traders say volumes have fallen and many investors are trying to close out some of the net $6 billion in bets placed on a weaker pound, judging they can not be exposed to the risk of an instantaneous 5-10 percent jump in after a Remain vote. Some 70 per cent think it is a falsehood.

Cameron said: “It is deeply concerning that the Leave campaign is criticising the independent Bank of England”.

Between April and June support for the European Union had decreased by 13 percentage points with voters moving to both Leave and undecided.

“They have been peddling phoney forecasts and scare stories to back up the attempts of (Prime Minister) David Cameron and (finance minister) George Osborne to frighten the electorate into voting Remain”. See PA story POLITICS EU.

Analysts from US bank Goldman Sachs said in a note overnight they expected the pound to fall 11 percent in trade-weighted terms if Britain voted to leave.

Advertisement

Despite a series of forecasts that the euro zone would collapse during the Greek debt crisis, it has endured.

Slovakian Prime Minister Robert Fico |AP