Displaying items by tag: referendum

Tuesday, 29 October 2019 11:19

The People Will Finally Vote on Brexit

(London)

After three and a half years of chaos, it is finally going to happen—the British people are going to get a chance to vote on Brexit. No, it will not be in the form of a second referendum, but rather in the form of a general election. After fighting the option for months, the Labour party has been forced to give in to a general election that will pit Boris Johnson against Jeremy Corbyn, and likely decide the future of Brexit. No date has yet been set for the election, but it looks very likely to be in early December.


FINSUM: The trick of this election is that Brexit is probably going to happen no matter who wins because even top Labour leaders actually want the UK to leave.

Published in Eq: Dev ex-US
Tuesday, 22 January 2019 08:06

A Second Brexit Referendum Looms

(London)

If you look at it from the outside, a second Brexit referendum has had the feeling of inevitably for at least a year now. The chaos and unexpected fallout from the fraught negotiations between the EU and UK have made it seem likely that the British people would need to settle the matter with another vote. That expectation is now looking likely to turn into a reality as Britain’s opposition party, Labour is backing a plan to bring forward a second vote.


FINSUM: In our mind, the claims that holding a second vote is undemocratic are ridiculous. On the one hand, no voter back in 2016 could have known how this Brexit mess would actually progress, which means the people should get a second chance to decide on the deal at hand. On the other, how can a whole nation voting on an issue ever be considered undemocratic?

Published in Eq: Dev ex-US
Thursday, 29 November 2018 13:12

A Second Brexit Referendum Looms

(London)

Pretty much since the day it happened, the prospect of a second Brexit referendum has loomed large. Now, almost 2.5 years since the initial vote, it is becoming closer to reality. PM May’s universally panned Brexit deal with the EU is adding weight to efforts to hold another vote. A conservative MP (same party as Theresa May) has proposed a new vote in May, saying it would only take 22 weeks to prepare. The vote would have three options—stay in the EU, accept the May plan, or leave without a deal.


FINSUM: Critics of a second referendum argue that it is undemocratic to not abide the first vote. However, the action of leaving the EU is unprecedented, and the deal that Britain could get from the EU was completely unknown, so in our view, holding second referendum to decide on the actual terms is actually the most democratic option.

Published in Eq: Dev ex-US
Tuesday, 25 September 2018 08:35

Second Brexit Referendum in the Works

(London)

We don’t cover the Brexit saga very much, mostly because it doesn’t seem to have a great deal of relevance to the US. However, interesting news is out today: the UK’s Labour party is trying to get a second Brexit referendum going. The political details are complicated, but the general plan is to derail the government’s current Brexit plan, and then hold a general election that could work as a replacement for the first Brexit result. A Labour party’s spokesman says that it is a “sequenced, structured” strategy.


FINSUM: We have maintained throughout this saga that the UK should not leave the EU. It is still going to have to be heavily involved with the EU for economic and political reasons, and if it leaves it will simply go from a rule-maker to a rule-taker.

Published in Eq: Dev ex-US

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