The ‘Brexit’ tide at last seems to have hit the sturdy seawall of British common sense. Heading into today’s national referendum, polls show rising support for staying in the European Union.
True, the contest remains a dead heat and could go either way. But the momentum apparently shifted after last week’s shocking murder of Labour Member of Parliament Jo Cox by a man spouting ultra-nationalist slogans. It’s also possible that the impending vote has concentrated U.K. voters’ minds on the sheer implausibility of going it alone in today’s interconnected world.
There’s little doubt where global markets stand on the question. Stocks surged everywhere early this week and the British pound rose as word of the new polls spread. That reaction can only reinforce the “Remain” camp’s argument that detaching from Europe would, on balance, weaken Britain’s economy.
Continue reading at The Hill.
