Prime Minister Dave emerged from the other side the Channel on Saturday brandishing a compromise agreement for a tarted-up British relationship with the European Union.
Cameron quickly confirmed a date for Britain’s EU Referendum, which has been touted around by some as “the most important vote in a generation.” We’ll be asked to answer this question on 23rd June:
“Should the United Kingdom remain a member of the European Union or leave the European Union?”
As was to be expected, Cameron’s deal with the other 27 countries in the Union doesn’t do dramatic amounts to clarify whether the in-crowd or the out-brigade has the best arsenal to draw on – but both sides will no doubt be very vocal in the coming four months.
The agreement re-asserts Blighty’s position on the edge of Europe, throwing in a few safeguards to keep the country outside the EU’s central original pledge of “ever-closer union”, and emphasising that sterling is Britain’s currency for good. But it’s hardly a game-changer.
There’s a neat summary of key agreement points here (via BBC News).
The property industry – like Parliament and the wider population – is sort of polarised, with strong views for both a British exit and for staying in the Union – and a lot of undecideds/unsures in the middle.
George Osborne and David Cameron are spearheading the call to stay “in”, while a rather fractious “out” campaign was given an massive blonde-haired boost by Boris Johnson at the weekend, joined by Mayoral hopeful Zac Goldsmith, Iain Duncan-Smith, Michael Gove and others. Johnson’s standing against the PM has, for now, framed the EU question in a very Tory style, with big advocates for both outcomes coming from the same political field.
- Read all about the Brexit fears of some major property industry players here;
- And here’s PrimeResi stalwart Trevor Abrahmsohn on what the referendum means for the market, and here he is on why it’s better to be out.
Three possible scenarios following the EU referendum
(according to Carter Jonas)