Submitted on Friday 24th June 2016
Published on Wednesday 29th June 2016
Current status: Closed
Closed: Thursday 29th December 2016
Signatures: 18
Tagged with
Economy ~ EU ~ EU Referendum ~ General Election ~ Referendum ~ UK ~ UK economy
Don't Hold a General Election on account of result of EU Referendum
The UK has now entered a period of unparalleled uncertainty and this uncertainty is the biggest threat to continuing UK financial stability.
Financial markets are already unsettled as it is, and a General Election would prolong the uncertainty and economic fallout of Brexit, at everyone's expense.
Uncertainty over the outcome of the EU Referendum already had a significant impact on the UK economy prior to this vote, with foreign direct investment being put on hold as well as stock markets and sterling becoming increasingly volatile. Now a vote to leave has prolonged this period of uncertainty and is likely to have a significant short term economic impact. It is vital that a General Election is not called to ensure that the financial fallout of Brexit is not prolonged for UK households.
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