Countdown to the British "Brexit" referendum: the important time nodes you want to focus on are here

November 10, 2022

This article was first published on the WeChat public account: Poker Investors. The content of the article belongs to the author's personal opinion and does not represent the position of Hexun.com. Investors should act accordingly, at their own risk.



Edit | Poker investor, please indicate the source

The British people will make a decision on the country's future in the EU in the June 23 referendum. The polling station will be open from 07:00 to 22:00 on the day of UK time.

Once the vote is over, politicians, investors, and the general public will be sleepy. After a few hours of suffering, they will wait until the first vote is announced.

No matter where you are in the world, you can track the UK referendum based on the expected important time points listed below.

(The following are all local time in the UK)
Countdown to the British "Brexit" referendum: the important time nodes you want to focus on are here


22:00
Unlike the UK elections, the media will not announce export polls because the polling agencies have no way to determine exactly the diversity of voters on the day of the poll. However, at least one institution will conduct the poll of the day and announce it after the vote is over.


Unlike the UK elections, the media will not announce export polls because the polling agencies have no way to determine exactly the diversity of voters on the day of the poll. However, at least one institution will conduct the poll of the day and announce it after the vote is over.

The ballot box will be shipped to the voting centres of 382 geographical constituencies. First, officials will count the votes of each ballot box and check whether the number of votes meets the records of the relevant polling station. They will then calculate the number of voters in each local constituency and expect to announce the first voter at 23:00. Only then will the team begin to classify and count votes. The geographical constituency will announce the results of the vote separately: the official responsible for counting the votes will read the results at the counting center, usually in front of the camera.

What matters is the total number of votes the referendum has received in the UK, not the number of votes the two sides receive in each region. The timetables listed below are based on a list compiled by the Press Association and provide only a rough time frame. If any party objects to the vote of a constituency, the area may need to recount, and this may take a significant amount of time.

Chris Hanretty of the University of East Anglia expects that the vote results of most constituencies are likely to be based on the level of local suspected European emotions. Other scholars have conducted similar research. "In the area where the British Independence Party is very popular, the elderly population is large, and the population with a low education level is large, it is relatively beneficial to the 'Brexit' camp," said John Curtice, a professor at Strathclyde University. He will analyze the voting results for the BBC on the night of the vote.

Then when is it possible to have a clear understanding of the voting results?

Hanretty said it is likely to vote at 3:30 am the next day. Curtice is estimated to be between 03:00 and 05:00, depending on the proximity of the voting results. If the voting results are quite close, "then maybe wait anxiously until 08:00 in the morning," he reminded.

Midnight zero
There will be the first constituencies to announce the results of the vote, but it is unlikely to provide too much useful information on the results of the referendum. The Isles of Scilly and Gibraltar, located southwest of the English coast, will bear the brunt. Both are the smallest constituencies in the UK, with only 1,800 voters in the Isles of Scilly and 46.5 million in the UK. The British enclave in the southernmost tip of Spain has about 24,000 voters. The poll in April showed that 88% of local voters planned to vote for "Leaving Europe."


There will be the first constituencies to announce the results of the vote, but it is unlikely to provide too much useful information on the results of the referendum. The Isles of Scilly and Gibraltar, located southwest of the English coast, will bear the brunt. Both are the smallest constituencies in the UK, with only 1,800 voters in the Isles of Scilly and 46.5 million in the UK. The British enclave in the southernmost tip of Spain has about 24,000 voters. The poll in April showed that 88% of local voters planned to vote for "Leaving Europe."

00:30
Countdown to the British "Brexit" referendum: the important time nodes you want to focus on are here


The real action has begun. Sunderland and its rival Newcastle in the northeast of England, with a total of close to 400,000 voters, will be the first major constituency to announce the results. Hanretty said that because the national polls show that the camps on both sides of the referendum are comparable, it is expected that the Sunderland "Brexit" camp will lead by 6 percentage points. But the error range is very large:

90% of the "Brexit" votes may be 1% behind the lead by 13%. If the votes of the two sides are difficult to distinguish, it will indicate that the "Leaving Europe" camp will achieve a national victory. This model shows that the “Leaving Europe” camp should lead by 12 percentage points in Newcastle. However, please note that the two cities are only a few miles apart, making it difficult to identify national trends.

00:45
According to Hanretty, it is expected that the City of London will announce the results, which is the most pro-European region in the UK. But it is also the penultimate small constituency with fewer than 6,000 voters, which is not enough to represent the overall trend of the UK. The results of the vote in Swindon in the west of England will increase our understanding of the overall trend. According to the polling company YouGov Plc's ranking of 188 constituencies, Swinton ranked 12th in the most doubtful European sentiment rankings.


According to Hanretty, it is expected that the City of London will announce the results, which is the most pro-European region in the UK. But it is also the penultimate small constituency with fewer than 6,000 voters, which is not enough to represent the overall trend of the UK. The results of the vote in Swindon in the west of England will increase our understanding of the overall trend. According to the polling company YouGov Plc's ranking of 188 constituencies, Swinton ranked 12th in the most doubtful European sentiment rankings.

01:00
Countdown to the British "Brexit" referendum: the important time nodes you want to focus on are here


Oldham will be the first city in northwest England to announce the results of the referendum. The British Independence Party has recently had a strong momentum in the region, so it is expected that the region will tend to "Brexit."

01:30
The voting results announced that the process will accelerate. It is expected that Brexit will lead by 20% in Basildon, Essex and Hartlepool. Stockport in the northwest tends to "learn Europe," while nearby Salford seems to be wavering. Wales has a recent anti-European trend, and Merthyr Tydfil, the former mining area, is expected to be the first constituency in Wales to announce the results. The result is unpredictable. At the same time, with the end of the Western Isles vote, the overall pro-European Scotland will also bring the region's first weather vane.


The voting results announced that the process will accelerate. It is expected that Brexit will lead by 20% in Basildon, Essex and Hartlepool. Stockport in the northwest tends to "learn Europe," while nearby Salford seems to be wavering. Wales has a recent anti-European trend, and Merthyr Tydfil, the former mining area, is expected to be the first constituency in Wales to announce the results. The result is unpredictable. At the same time, with the end of the Western Isles vote, the overall pro-European Scotland will also bring the region's first weather vane.

02:00
At this point, 40 constituencies are expected to announce the results of the vote. The London-based administrative districts of Wandsworth and Westminster’s “Leaving Europe” camp are expected to lead significantly. Possible rocking areas include Denbighshire and Wrexham in North Wales and Hart in Hampshire.


At this point, 40 constituencies are expected to announce the results of the vote. The London-based administrative districts of Wandsworth and Westminster’s “Leaving Europe” camp are expected to lead significantly. Possible rocking areas include Denbighshire and Wrexham in North Wales and Hart in Hampshire.

02:30
Castle Point in Essex should be one of the best places to win the Brexit camp; Lambeth and Oxford in South London may be


Essex's Castle Point should be one of the best places to win the Brexit camp; Lambeth and Oxford in South London may be a big lead in the "Leaving Europe" camp.

03:00
At this point, there should be a vote of 140 constituencies, which is one-third of the total number of constituencies.


At this point, there should be a vote of 140 constituencies, which is one-third of the total number of constituencies.

03:30
More than half of the constituencies should announce the results of the vote.


More than half of the constituencies should announce the results of the vote.

04:00
In the busiest time, nearly 100 counting points are expected to complete the counting at this moment. Including the two largest single constituencies: Northern Ireland and Birmingham, which are generally pro-European, totaling nearly 2 million voters. Unlike most other big cities, Birmingham tends to support Brexit.


In the busiest time, nearly 100 counting points are expected to complete the counting at this moment. Including the two largest single constituencies: Northern Ireland and Birmingham, which are generally pro-European, totaling nearly 2 million voters. Unlike most other big cities, Birmingham tends to support Brexit.

05:00
More big cities will announce the results of the vote. Given that there are already many regional voting results at this stage, it is likely that only densely populated areas will have a major impact on the final outcome. There are 1.1 million voters in Glasgow, Manchester and Liverpool.


More big cities will announce the results of the vote. Given that there are already many regional voting results at this stage, it is likely that only densely populated areas will have a major impact on the final outcome. There are 1.1 million voters in Glasgow, Manchester and Liverpool.

If everything goes according to plan, after this time, the results of only 30 regions have not yet been announced.

06:00
Leeds and Bristol are the last two truly large cities to announce the results of the vote. Cornwall, which tends to leave the European Union, is the fifth largest constituency and will announce the results at this moment.


Leeds and Bristol are the last two truly large cities to announce the results of the vote. Cornwall, which tends to leave the European Union, is the fifth largest constituency and will announce the results at this moment.

07:00
Finally, the three constituencies for the results of the ballot were announced, with a total of only about 280,000 voters. Therefore, unless the votes in other parts of the UK are comparable, the votes in these three regions are almost impossible to reverse the overall situation. If the total number of votes won by the two camps in other regions is comparable, it is worth noting that of the three constituencies, two coastal constituencies are seen as areas that strongly support Brexit. Once the final constituency has announced the number of votes, the Chief Counting Officer Jenny Watson will announce the results of the British vote in front of the TV in Manchester.


Finally, the three constituencies for the results of the ballot were announced, with a total of only about 280,000 voters. Therefore, unless the votes in other parts of the UK are comparable, the votes in these three regions are almost impossible to reverse the overall situation. If the total number of votes won by the two camps in other regions is comparable, it is worth noting that of the three constituencies, two coastal constituencies are seen as areas that strongly support Brexit. Once the final constituency has announced the number of votes, the Chief Counting Officer Jenny Watson will announce the results of the British vote in front of the TV in Manchester.

Countdown to the British "Brexit" referendum: the important time nodes you want to focus on are here


Will the UK stay in the EU within 24 hours?

: Regarding "Brexit", what do you think of the big guys?

Before the Brexit referendum polls, Soros warned that if the Brexit pound fell

It seems that the Brexit referendum will be held in two days, and the support rate of the "Brexit" and "Leaving Europe" camps is still in the middle. The results of the polls released by the two companies are very different. The billionaire investor Soros warned that if British voters support the departure from the EU, the pound will be tumbled.

The Times’s commissioned YouGov poll showed that the “Brexit” support rate was 44% and “Leaving Europe” was 42%; this poll shared a total of 1,652 voters’ views. In contrast, the poll conducted by the Daily Telegraph's euphemism ORB shows that the Brexit support rate is 46%, the “Leaving Europe” is 53%, and the poll has visited 800 people.

Sterling saw its biggest gain since 2008 on Monday, and investors bet that voters will eventually choose to stay in the EU. Soros, who once squandered the pound in 1992 and made a big profit of $1 billion, warned that the possibility of Brexit still exists, or that the pound is worth 20%.

"In view of the current market price expectations, if the United Kingdom leaves the European Union, the pound is at least 15% depreciated, and may even be more than 20%. This speculation is reasonable," Soros wrote in a commentary in the Guardian. "I hope that everyone understands that the importance of Brexit is before voting, not after voting."

Investors and governments around the world are paying attention to the Brexit referendum, lest the Brexit may ignite the global market turmoil.

Soros said that Brexit will make speculators make a fortune and most voters are poorer.

Billionaire investor Soros said that if British voters decide to leave the EU, the pound may fall more than 20% against the dollar. This depreciation trend is greater and more destructive than when he shorted the pound in 1992.

“British Brexit will make some people make a fortune, but most voters will be poorer,” Soros wrote in a commentary in the British newspaper The Guardian.

Soros said that if the British vote to leave the EU, then the pound will fall at least 15%, may fall more than 20%, fell below 1.15 US dollars. He said that voters have greatly underestimated the true cost of leaving the EU, and Brexit will have a significant impact on financial markets, investment and employment.

Governments and investors around the world are paying close attention to the referendum to be held on June 23. Some people worry that the UK's departure from the EU will cause huge waves in the financial market. As the poll showed an increase in the “Leaving Europe” camp, the pound hit its biggest gain since 2008, driving the high-yielding currency to climb.

According to a survey conducted by Bloomberg on economists, on the second day of the referendum, the pound fell to a low of more than 30 years, or climbed to a high of the year. If the result of the referendum is to leave the EU, most forecasters believe that the pound will fall to the range of $1.25-1.40. If the result is to stay in the EU, it may boost the pound's fluctuations within the current fluctuation range, and even hope to break through $1.50.

Soros said that compared with 1992, the impact of the sharp depreciation of the pound is not so mild, because if the voters decide to leave the EU, the Bank of England will not be able to cut interest rates, given that interest rates are already at a very low level. Moreover, after the UK has left the EU, housing prices have fallen, and after the employment has decreased, the UK is likely to fall into recession, and the space for the central bank to take measures will be limited.

"At the moment, the speculative power in the market is stronger," Soros said. "They are eager to take advantage of any mistakes made by the British government or British voters."

Hong Kong's richest man, Li Ka-shing, warned Britain not to leave the European Union when the Brexit referendum approached

While the global referendum on the Brexit referendum is waiting, Hong Kong's richest man, Li Ka-shing, has asked the British citizens to stay in the EU.

"After leaving the European Union, the damage to the United Kingdom is very great, and the impact on the whole of Europe is not good," said Chairman-Chairman Li Ka-shing, who was interviewed by Bloomberg Television Angie Lau. "Of course I hope that the UK will not leave the European Union." This is his first international media interview since 2012.

As one of the best investors in the UK, the Brexit referendum on June 23 is of great importance to Li Ka-shing. His concerns echo the views of business and market leaders around the world. They are all likely to be caused by the Brexit once in the UK. The effect is to prepare. From Toyota to General Motors, executives at major companies have warned that if British voters choose to leave the EU, future spending in the UK will be weakened.

Li Ka-shing said three months ago that if the result of the British referendum is really out of the EU, he will reduce investment in the UK. When he was interviewed by Bloomberg, he also talked about China's economic prospects. The 87-year-old billionaire stressed that his business in the UK and Europe will continue regardless of the outcome of the referendum. The current poll shows that the results of the referendum are unpredictable.

Although different polls suggest that the “Brexit” camp will win, the survey conducted by the British “Sunday Post” commissioned polling company Survation on June 17-18 shows that the “Leaving Europe” camp is leading. The European camp has 3 percentage points, contrary to the results of the previous investigation by Survation.

According to the Bloomberg Billionaires Index, Li Ka-shing's wealth reached 28 billion US dollars, ranking third in Asia, second only to Ma Yun of Alibaba Group and Wang Jianlin of Wanda Group. However, he often tops the list and was ranked the richest man in Asia three months ago.

Because of his business acumen, he was named "Superman" by the local media, but Li Ka-shing has recently suffered some setbacks, mainly in the UK.

Article Source: WeChat Public Poker Investor (Editor: Ma Jun HN022)

Beret Hat

NANTONG MASTERPIECE TRADE CO.,LTD , https://www.mpheadwear.com