Boris Johnson holds a double-digit lead in opinion polls ahead of a crucial vote to decide Brexit’s fate
LONDON—British Prime Minister Boris Johnson holds a double-digit lead in opinion polls as Britain prepares to vote Thursday in a crucial general election that will determine Brexit’s fate. If reflected in the election, the lead would be enough to give him a comfortable majority—though a recent narrowing of the lead reflected in some polls is enough to keep the outcome uncertain. The bitterly fought election campaign bookends more than three years of political stalemate over how—or even if—the U.K. should quit the European Union. If Mr. Johnson’s Conservative Party wins enough votes to form a majority in Parliament it will open the way for the U.K. to leave the EU on Jan. 31.
If Mr. Johnson fails to gain a majority, a combination of opposition parties likely led by the Labour Party could come to power and call for another referendum on Brexit, further extending the uncertainty of Britain’s split with its biggest trade partner.
The pound has already rallied against the dollar in recent days in anticipation of a comfortable Conservative victory but with Brexit scrambling traditional party allegiances and pollsters warning that many voters are still undecided, the election could yet slip away from Mr. Johnson. On Friday, Mr. Johnson dueled with Labour Party leader Jeremy Corbyn during a televised debate but neither managed to land a convincing blow on the other. “The biggest thing we need to get right is Brexit,” Mr. Johnson said on Sunday. “That is the thing that has been hanging over us the last three years.” Nick Note: I want to be very clear here. It looks like Boris will win. BUT BUT BUT what the markets fail to understand without a legislative majority his goose is cooked (just in time for Christmas) we are short the pound mostly in the soon to expire December contract which comes up for experiation on December 27. I want to hold these shorts before i roll them into March to see the results of the December 12 elections. I am sure your broker will try to yank your dick or pinch your pussy with the ole G ET Out GET OUT before deliver… Here is a news flash their is no delivery its a cash settled contract so tell him to get the rough end of the pineapple ad stick it up his ASS.