Brexit party

Nigel Farage’s Brexit Party is leading European election polls in the UK, according to a survey by YouGov.

YouGov said that the former UKIP leader’s new party leads polls with 27% of the vote.

This was followed by Labour with 22% of the vote, with the Conservative’s trailing behind with 15%.

Meanwhile, the newly formed Change UK party, formerly known as The Independent Group, secured 6%, behind UKIP’s 7% and the Green Party with a 10% share of the vote.

Whilst the Conservative’s and Labour will not doubt be concerned about the surge in support for the Brexit party, YouGov said that the UKIP vote felt the biggest tremor.

Whilst support for Farage’s new political venture surged 12 points since last week, support for his former party, UKIP, halved.

Farage was a founding member and the leader of UKIP party.

He has been viewed as a key architect of Brexit, having campaigned alongside the VoteLeave campaign in the run-up to the 2016 referendum.

In 2016 he stood down as leader, claiming that he “wanted his life back”.

Despite being a fervent pro-leave supporter, as of currently Farage is still an MEP for the European Parliament for the South of England.

The prospect of the UK’s involvement in forthcoming EU elections has been widely contested by the EU and those within Westminster.

This proves particularly troubling given the fact that the UK voted to leave more than two years ago.

Initially, Prime Minister Theresa May had pledged for Article 50 to be initiated on March 29th.

However, she ultimately failed to secure sufficient support in parliament for her withdrawal deal.

As a result, Westminster remains in somewhat of a political deadlock, with no clarity on the path forward for delivering Brexit.

In a bid to avoid a no-deal scenario, The UK and EU have thus agreed upon a flexible 6-month extension to Brexit until October.

As it stands, this means that the UK will indeed most likely participate in upcoming EU elections.

Nevertheless, this may be avoided if parliament decides on how best to proceed with Brexit, ahead of May 23rd.

 

 

 

 

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Nicole covers emerging global economic and political events for The UK Investor Magazine. Her focus is particularly upon company news and political developments in Europe and the US.