It’s ‘D’ Day at long last.
Personally, I think this whole referendum has proved to be divisive and whilst I do understand both sides of the argument.. oops, debate, the personal attacks and lack of perspective offered by many have been disheartening at best. Regardless of the result, let’s hope the same energy is committed to building a more collaborative, inclusive and positive society.
So, what will be the outcome?
The Polls suggest largely that it’s neck and neck. The bookies, however, see the probability of the UK staying within the bosom of Europe shortening. Oddschecker informs us that the betting has now shortened to 1/6 on for staying in and has lengthened to 11/2 for us coming out.
We’ll post tomorrow with an overview of what the result will mean in terms of how to build a portfolio for the future. We will have contributions from Seven Investment Management and JPMorgan.
If you are interested the timings of proceedings after the polls have closed are as follows:-
EU Referendum – timing of announcements (subject to change)
- 00:30 – Results begin to be reported for a small number of councils
- 02:00 – First big wave of results with 22 councils expected around this time
- 04:00 – The largest wave of results with 88 councils expected to report
- 06:00 – Any clear winner likely reported by now over media channels
- 07:00 – Final (more rural) areas report
- 08:00 – 09:00 – Official result will be called in Manchester, “around breakfast time”, according to the electoral commission
Gary Neild
Chair of Investment Committee
