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Referendum DayBack

referendum vote


The Times – front page: “Day of reckoning”


Final polls leave Britain’s future on a knife edge

The EU referendum is too close to call, a series of polls suggested last night. A YouGov poll for The Times put Remain on 51% against 49% for Leave. Of the “don’t knows” 27% said when pushed they would vote Remain, 13% Leave and the rest did not know or planned to vote.



The Daily Telegraph – front page: “The time has come”


What to watch out for on the nation’s night of the nights

10.00pm – The polls close

4am –  By this point in the morning clear trends should be emerging. If Leave is not winning at this point with the major cities still to declare, there is almost certainly no way back for Brexiteers.

After 7am – If she has not done already so, the Electoral Commission’s Jenny Watson, the Chief Counting officer for the referendum, will formally declare the result in Manchester.



Financial times – front page: “Tension mounts in the City ahead of historic vote on EU referendum”


Business braced for Brexit effect

If the country votes in Thursday’s referendum to leave the EU, the claims and counter-claims of the long campaign may soon be forgotten. Instead, business in particular will confront a new reality.

Trade – the UK is the second-largest EU market for new car purchases and a key base for car production. Following Brexit, and excluding any alternative agreement, the sector would face EU import tariffs, currently 10%

Investors demand shake-up of VW boards

Several shareholders called for a shake-up of the supervisory board, so that it included more independent directors to hold management to account. Currently, just one of the 20-member board is considered independent by certain investors and proxy advisers, although VW disputes this. In spite of investor’s anger, Mr Pötsch’s move to become chairman had already been backed by the Porsche and Piech families, plus two other big shareholders — the state of Lower Saxony and Qatar’s sovereign wealth fund.

Tesla investors cast shadow over SolarCity bid

Tuesday’s news that Elon Musk, Tesla’s founder and chief executive, plans to issue another $2.5bn or so of Tesla stock to buy SolarCity, a solar-panel installer, may be stretching the patience of his enthusiastic shareholders too far. Buyers of Tesla’s electric vehicles would jump at the chance to have solar panels installed at, he said. However, this didn’t seem logic to Tesla’s investors and the company’s shares closed down more than 10 per cent on Wednesday.



The Guardian – front page: “Who do we want to be? The GuardIaN”


Currencies – sales soar in rush to exchange

The Post Office, one in four of all other Britain’s foreign exchange transactions, said currency sales have risen by 74% year on year since the weekend. Branch sales were up 48.8%, while online purchases increased by 381%. The pound has gained in recent days and crept higher yesterday, in August 2015 £1 bought about €1.42, last week it was about €1.26, yesterday €1.30.


Daily Mail – front page: “Nailed: four big EU lies”


Car trouble – Mistubishi

Japanese car maker Mitsubishi has slumped into the red for the first time in eight years after admitting fiddling fuel efficiency tests. The car giant forecast an annual loss of £950m due to a collapse in sales and a huge number of compensation claims.



The Sun – front page: “Independence day”


Daily Mirror – front page:don’t take a leap into the dark…vote REMAIN today”


The metro – front page: “Britain decides”


South Korea’s Kia tops US car quality ranking kia images

South Korean car maker Kia has come top in a closely watched US car quality ranking, edging out the luxury brands that usually claim the crown. It is the first time that a non-premium brand has come first in the annual study by consultancy J.D. Power. The survey of more than 80,000 car buyers found that Kia had the fewest problems in the first 90 days, followed by Porsche, Hyundai, Toyota and BMW. Worst performers were Daimler’s Smart, Fiat, Volvo, Land Rover and Mini.



Posted by Paul Carpenter on 23/06/2016