Huitong.com April 20th - On the evening of April 19th, Beijing time, the British Parliament passed the motion of early election with 522 to 13 votes. The general election will be held on June 8. Analysts believe that Teresa May suddenly changed his position and chose to advance the election. It is because the Conservative Party has a high current support rate and believes that it will win in the next general election. What will happen to the election results? Judging from the current polls, the Conservative Party’s support rate has risen by 4% from the previous poll.
UK "advance election" voting results forecast
Teresa May said that the early election is from the perspective of the state. If the Conservative Party wins the election, it will not only consolidate the power of the Conservative Party, but also add confidence to her next Brexit negotiations.
The latest YouGov poll shows that about 48% of Britons expressed their willingness to vote for the Conservative Party in the next general election, a 4% increase over the previous poll. The Labor Party’s support rate is 24%. Analysts pointed out that this means that if the Labor Party wants to win the election, it must obtain a large amount of support on the existing basis.
The "Times" and "Daily Telegraph" polls also show that the Conservative Party will win with a big advantage of 100 seats.
In addition, the results of the elections predicted by IG Market are:
Conservative Party: 370 seats (40 seats more than the current one)
Labour Party: 177 seats (lost 52 seats)
Liberal Democrats: 34 seats (25 seats added)
Scottish National Party: 50 seats (lost 4 seats)
British Independence Party: 1 seat
Early elections for the UK for the transition period
British Prime Minister Teresa May originally planned to lead the UK "hard Brexit", that is, to gain control of immigrants and exit the single market. But economists, lobby groups and trade have pushed the British government to turn to a transitional agreement for a longer transition period for the UK.
AFME, the UK's leading financial lobbying group, said in early April that the UK banking industry and other professional services were unable to cope with the dramatic changes in Brexit within two years.
The next general election after the UK election in June will be postponed from 2020 to 2022 (5-year term), meaning that the UK will have a certain transition period before the next election.
If the Conservative Party wins, it is more likely to reach a transitional agreement.
Merrill Lynch UK economist Robert Wood and his team pointed out in a report that if the Conservatives can get a majority of seats in the general election on June 8, the Brexit negotiations will be more likely to reach a transitional agreement.
The bank’s report pointed out that the UK’s early elections generally promoted the economy. If the Conservative Party wins most of the seats, the possibility of failing to reach a Brexit trade agreement is basically non-existent, and the possibility of reaching a transitional agreement will increase accordingly.
The transitional agreement is a temporary agreement that is valid between two years after the start of the Brexit process in the UK and the official Brexit time reached. The main role is to allow the UK and the EU to have policies such as trade during this period.
Huitong.com believes that at the beginning of this month, the European Union Council President Tusk drafted the draft EU Brexit negotiations guidelines. The core point is that if the UK wants to reach a transitional agreement, it must accept the EU's laws, courts and budget. Previously, the UK and the EU had great differences on the issue of “breakup feesâ€. The EU is not expected to change its position because of the UK's early elections , and ultimately whether it can reach an excessive agreement. It depends on whether the UK's position will change or not.
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