United Kingdom Votes To Leave

After 40 years being a member of the European Union the UK has now decided that it has not worked for them and and have made the democratic decision to “Leave”.

Nigel Farage was the first to announce in the early hours of this morning that the vote to leave had won on the figures he had before him at the time, Sky News followed shortly afterwards announcing a victory for ‘OUT”.

Nigel clearly was overjoyed with the victory and said it was a victory for real, ordinary and decent people, that the 23rd June should be remembered for the day the UK took back its independence.

This result was a clear indication that the majority of people in the UK were dissatisfied with the immigration policy and that the the isssue of overload on services including Health, Schooling and Housing was not acceptable anymore.

The pound sterling began to become erratic in its value against the Dollar and Euro from early in the morning dropping by  amounts not seen for more than 30 years, this is likely to continue for some while as the UK enters a period of uncertainty.

The Prime Minister and his cabinet will probably be in an emergency meeting as I am typing this blog, for many this was not an expected outcome, the polls got it wrong and also the Bookies who were way out in their calculation of the odds, last night quotes to remain were at around 10-1 on.

We now await news by the hour, day and week as to what happens next.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Breaking News

Britain’s most affordable towns revealed

Britain’s most affordable towns revealed, where homes cost less than two years worth of household earnings   Zoopla reveals 36 British towns where a typical home is worth less than twice the combined annual earnings of two local full-time workers Across Great Britain, a typical home costs 4.3 times annual household earnings, compared with just…
Read More →
bank of england interest rate
Breaking News

Bank of England raises rates to 4%

The Bank has raised interest rates by 0.25 percentage points to 4%. Policymakers were unanimous in their decision. Here is the reaction from the industry. Nathan Emerson, CEO at Propertymark, comments: “As the Bank of England continues to navigate wider economic pressures, including rising inflation, it comes as little surprise that base rate decisions remain…
Read More →
Breaking News

Breaking Property News 5/11/26

Daily bite-sized proptech and property news in partnership with Proptech-X. The Greatest Return on AI May Not Be the Work It Eliminates, but the Human Potential It Releases Time to look at artificial intelligence as a growth engine that upgrades humans working life Thought Leadership By Author Andrew Stanton CEO Proptech-PR For decades, businesses have…
Read More →
Breaking News

Guy Fawkes Night set to fizzle out for UK households

Firework Night set to fizzle out as 97% of UK households won’t buy fireworks and 7 in 10 want to see them banned As many as 97% of UK households won’t be buying fireworks to set off at home this Bonfire Night, while more than seven in 10 believe private fireworks displays in residential gardens…
Read More →
Breaking News

Budget tax raid could hit landlords for £3,500 a year

Budget tax raid could cost landlords almost £3,500 a year as property income tax rises Landlords could face almost £500 in additional annual tax per property, rising to nearly £3,500 across an average portfolio, following the Autumn Budget decision to double the previously planned increase in property income tax rates from April 2027. New analysis…
Read More →
Estate Agent Talk

Upfront information: homebuyers want confidence as much as speed

What movers want from upfront information, and it isn’t only speed Having a survey, legal pack and chain details before making an offer would help more than eight in ten respondents, according to LRG’s latest sales report Of the 553 who answered the question, 41% said they would offer with more confidence, although not necessarily…
Read More →