The approaching snap election and what it means for Brexit

Crédit Agricole
By June 6, 2017 11:02

The approaching snap election and what it means for Brexit

United Kingdom

  • On 8 June the British people will go back to the polls for a snap general election. Our base-case scenario is that the Conservatives will extend their parliamentary majority, as suggested by the majority of polls.
  • However, the slump in the Conservatives’ lead in voting intentions over the past two weeks suggests that the election’s result should not be taken as a foregone conclusion.
  • Theresa May’s hope to strengthen her room for manoeuvre in the Brexit negotiations and secure a smooth path to a hard Brexit is far from certain, even in the event of a large Conservative win. This will depend on the stance of the incoming Conservative members of parliament (MPs) towards Brexit, which is not clear at this stage.  

 

Crédit Agricole
By June 6, 2017 11:02

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