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25 October 2016

Bloomberg: Britons happy to sacrifice trade for fewer foreigners, poll says


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As Britain prepares to exit the EU, over half of adults polled cite an influx of foreigners as more worrisome than losing EU trade benefits, said the poll conducted by Survation Ltd for ITV plc.


Fifty-eight percent of respondents said they approve May’s handling of the divorce, with only a quarter saying that they disapproved.

The findings provide cover for May’s apparent plan to prioritize migration controls over access to the single market in Brexit negotiations. While the City of London is dismayed at the prospect of losing its financial services privileges, the rest of the country worries that growing numbers of workers from overseas are snatching jobs and pushing down wages.

The plunging pound, which has lost 18 percent of its value since the Brexit vote, doesn’t seem to have dented the desire of the British people to leave the European Union, the survey also found. Should another referendum take place now, 47 percent of respondents would vote “Leave”, compared with 46 percent who would vote “Remain.” Still a tight race then, with 7 percent undecided.

Full article on Bloomberg



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