We expect the UK to remain in the EU, but the risks are high. Opinion polls suggest a close result, and unless the gap widens markedly between the “Ins” and “Outs”, a prolonged period of uncertainty beckons. Moreover, in the event of Brexit, negotiations could go on for years. Having secured a deal at the European Council meeting on 19 February, PM David Cameron announced that the referendum on UK EU membership will be held on 23 June. Based on the reactions on both sides, it looks like...
Read More »