Credit: Shutterstock photoAs the wait remains for PM Theresa May to invoke Article 50 to start negotiations with the EU, the debate has shifted to whether the UK should pursue a hard or soft Brexit. Each alternative comes with a cost and a decision for a soft or hard Brexit could have implications for the UK economy, markets and the British pound.
As our tracking poll shows, there is a strong sentiment (see results below) among those responding to restrict immigration right away and to take a hard Brexit approach. The comments we have received show a similar passion that we saw in our highly successful Brexit tracking poll, which was the only one to call the result from the start.
- If May has started to backslide then every one of the 17 million sends her an email telling her she should be doing what we voted on, Should be no talks about Brexit at all until we come out then we will tell them what we want and stick with that we voted out for nothing more nothing less.
- I want a very hard Brexit, & out as soon as possible & hard restrictions on immigration.
- We voted to leave the EU. In my opinion we should just leave.....no negotiation, just leave as soon as possible. Once we are out, we can then take decisions about trade deals
- Over 17 million of us voted OUT. NO fudge, NO compromise. OUT NOW.
- We need to Invoke Article 50 right now, and then exit stage left without further discussion. The EU may well implode within the next year or two: we must be out long before that happens.
-There are many in this country and in Brussels who believe Brexit will not happen. These are the same bureaucrats who messed up Europe and called it a success. A hard Brexit will send a hard message to Brussels that the EU is not an entitlement for Europe. Institutions do fail and the EU is one of those failures.
- Stop tinkering round the edges! Brexit means Brexit.
Not all are taking a hard line as indicated by:
- We should not break existing laws. Nor should we seek a running commentary on ongoing negotiations. That will only help the other side.
- Although I have gone for a hardline approach, we do need to take a little caution, We need to put the cards on the table, by telling someone like Angela Merkel that when Article 50 is invoked, we will give 6 months for the agreement, and if it’s not sorted in that 6 months we will just walk away, Brussels would have to make its mind up, and Merkel would be afraid of losing business, and maybe put pressure on Brussels to accept the agreement. But it is vital that we have our agreement proposals set in stone, take it or leave it, before Article 50 is invoked, e.g. Hard line approach.
- I favour none of the options - we should stay in the EU to do otherwise is economic and social madness
- The UK and T May are negotiating from a position of strength and are so far playing a good hand to get the best deal for our goods and SERVICES for the UK. TM has already said in Parliament that she will take her time before invoking Article 50 and would not be issuing a running commentary on the UK's negotiating position meantime. Classic successful negotiating approach…
Click to participate in our poll
Survey results: 1031 polled so far
Do you think the UK should restrict immigration in the meantime even if it violates EU rules?
91% Yes
9% No
Are you in favour of a "soft" or "hard" Brexit approach?
93% Yes
7% No
The results suggest impatience with the pace since the vote to Brexit and while they seem skewed, we saw a similar passion in our EU referendum poll that turned out to be the majority sentiment. We plan to continue this poll as the hard/soft Brexit has become a hotbed issue so please participate by clicking below. All participants will receive our exclusive report. How a Weaker British Pound Affects You.
Click to participate in our poll
Note we have no stake or bias in this issue and only report the results of our poll
Jay Meisler, founder
Global Traders Association
jay@tradersadvocate.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
