“However, IT and pharma companies, which intend to utilise the United Kingdom as a base to gain access to other European markets will take a hard knock”, said Dhruv Desai, director and COO, Tradebulls. An online poll by TNS surveying 2,320 adults favors “leave” by 2 points, with 43 percent of the vote.
Advertisement
Similar letters have been released in the course of the acrimonious campaign.
As each side sought to play its last trump cards, the pro-EU “Britain Stronger in Europe” campaign issued a final poster of a door leading into a dark void with the slogan: “Leave and there’s no going back”.
“Leaders of the “Leave” campaign, Boris Johnson and Michael Gove might try to pass themselves off as regular guys who care for ordinary people – but that is an illusion”.
The EU would have to weather the exit of its No.2 economy representing $2.9 trillion of its gross domestic product, the only European financial capital to rival NY and one of its only two nuclear powers, while Britain’s economy could stall.
World leaders, including U.S. president Barack Obama, Chinese president Xi Jinping, German chancellor Angela Merkel, and the North Atlantic Treaty Organisation and Commonwealth allies, have urged Britain to remain in the EU.
The debate focused on familiar themes of security, sovereignty and immigration, with Johnson’s successor as London mayor, “Remain” advocate Sadiq Khan, accusing his opponents of “scaremongering” by raising the specter of Turkey joining the EU, potentially giving its citizens free movement within the union.
“They can’t undo the decision we take”, he said. “You could tell there was nearly a mist of blood in the air”, said Michael Flaxington, 21, a student from Kent.
From the economic woes of the eurozone, to the political debates brought about by the refugee crisis, tension among EU member states has brought into question the very nature and future of European integration generally, and of monetary integration specifically. We have a contribution to make to a more prosperous, safer world. “Vote to remain”, the paper said.
The conservative newspaper urged its readers to vote to leave, arguing that the European Union belongs to the past and by leaving it Britain would be able to decide who should come to work in the country. “This Thursday can be our country’s independence day”.
And they claim the Leave campaign lacks an economic plan for Britain.
Former French president Nicolas Sarkozy called June 21 for Paris and Berlin to make a joint push for “a new European treaty” following Britain’s vote.
On Wall Street, US S&P 500 Index gained 0.27 percent but was still below an 11-month high touched earlier this month.
He appealed directly to voters of his and older generations “to think about the hopes and dreams of your children and grandchildren” as they cast their votes. Opinion surveys have consistently shown older voters siding with Leave while the young largely support continued European Union membership.
British Prime Minister David Cameron.
The head of the European Central Bank, Mario Draghi, also said the consequences of a vote to leave would be hard to assess. But those supporting Brexit have struck a chord with many voters by saying Britain would regain control of immigration if it cut itself loose from a bloc they regard as domineering and out of touch. Britain may not be fully trusted by European partners while Britons will carry on as before: begrudgingly putting up with the EU as something remote and “on the continent” rather than something to engage with – for all its faults.
“We have concluded the deal with the Prime Minister; he got the maximum he could receive, and we gave the maximum we could give so there will be no kind of renegotiation”, he said.
In the run-up to the referendum, British politicians have been making their final pitches to a fiercely divided electorate.
Advertisement
Last week, the country was shocked by the killing of Labour’s Jo Cox, a pro-“Remain” advocate in her first term in Parliament, in her electorate in northern England.
