Brexit—The Final Countdown

Brexit—The Final Countdown

Tetra Strategy, political consultancy and public affairs service, look at the potential outcomes of the EU referendum and provide a report which looks at the possible political and economic consequences in the event of a Brexit vote.

The Final Countdown

After months of debate the EU referendum is finally in its closing stages. Regardless of the result, this is a momentous decision for a country not that well versed or comfortable in such a display of people power. The Electoral Commission reported yesterday than an unprecedented extra two million people registered to vote in the early parts of 2016 in order to take part in the referendum

It is going to be a nervous wait until the small hours of Friday morning to see how the UK has voted.  Ballot papers are being counted overnight starting when polls shut at 10pm on Thursday. It is likely that results will start to trickle in shortly after midnight with the bulk of declarations between 3am and 5am.

So what should we look out for?

  • Polls show it is still a close election – the opinion polls show that it is still too close to call. Most recent polls show the momentum of recent weeks for the Leave campaign has stalled. The betting markets are strongly backing the UK voting to stay in, but the truth is no-one knows what the result will be. It is extremely possible that Britain will wake up on Friday morning to the new world of a Brexit vote. All eyes will be on the Prime Minister as the results become known. David Cameron was quick to stride out in front of Downing Street in the hours immediately following the Scottish referendum. He was able to claim victory in that vote. This time there will be a lot of nail biting inside Downing Street. If the UK votes for Brexit all eyes will be on what the Prime Minister says. Will he stay or will he go?
  • Market response - the formal decl

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