by Global Risk Insights
Financial Sense
The referendum regarding the UK’s membership in the European Union is scheduled to occur on the 23rd of June, 2016 with the result set to have huge consequences for the UK and the EU no matter what the people choose. However, the Brexit campaign itself has revealed that the UK’s political situation has already changed dramatically before a vote has even been cast.
The campaign has already divided the governing Conservative party, effectively finished Prime Minister David Cameron’s career and put into question the role of the United Kingdom Independence Party (UKIP). Whatever the outcome is on June 23rd, it is clear that there is no going back to the state of affairs which reigned prior to the announcement of the referendum.