Inside Investing | Jun 19, 2019 08:07
For our latest social media weekly poll, which ran both on Investing.com’s Facebook (NASDAQ:FB) and Twitter accounts, we asked our readers:
Will the UK actually end up leaving the European Union on October 31?
The results were not that surprising, considering the mess that we all know to be as Brexit.
With the deadline for the UK to leave the European Union having already been extended twice – from March 29 to April 12 and then again to October 31 - the broad consensus among Investing.com readers is that the Brexit deadline will be extended for a third time.
Breaking Down the Results:
Overall, when taking votes from both Facebook and Twitter into account, the results were resoundingly in favor of another extension, with 61% of the vote backing the view that the UK will not leave the EU in late October.
Only 39% of voters expect the UK and the EU to successfully agree on Brexit terms in time to meet the current October 31 deadline.
Out of the 924 votes recorded on Facebook, 593 users, or 64%, said another extension is the likeliest outcome.
In comparison, 331 users, or about 36%, voted that the UK will leave the EU on October 31.
The results we saw on Investing.com’s Twitter account were more or less the same.
Of the 224 votes recorded, 130 users, or around 58%, thought another extension was coming, while 94 users, or 42%, said Brexit was coming.
Behind the Numbers:
While the majority of our readers expect another Brexit deadline extension, Boris Johnson, frontrunner to replace Theresa May as prime minister, has promised to lead the country out of the EU on October 31, with or without an exit deal.
Johnson, also known as “Bojo”, was one of the leading supporters of Brexit during the 2016 vote.
May resigned as prime minister last month after three years of trying unsuccessfully to pull Britain out of the EU.
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