Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

Conservative Party faces historically worst election result in Brexit crisis - poll

Published 31/05/2019, 07:28
© Reuters. Britain's Prime Minister Theresa May gives a speech in response to the Augar Review into post-18 education in central London

By Andrew MacAskill

LONDON (Reuters) - Prime Minister Theresa May's Conservative Party would suffer its worst general election result if a vote were held now, according to an opinion poll, as voters frustrated with the deadlock over Brexit rejected the main political parties.

The Conservatives, one of the most successful parties in the western world, would slump to third place in a nationwide vote with 19 percent, its lowest place since the party was founded almost 200 years ago, the YouGov poll for The Times newspaper showed.

The Labour Party, which is led by socialist Jeremy Corbyn and has been pushing for a softer version of Brexit, would also finish third with 19 percent of the vote, its worst performance since 1918, according to the poll.

The main beneficiaries of the swing against the two main parties would be the political parties that took unequivocal positions for or against Brexit. Voters appear to be abandoning the Conservatives and Labour, which in their own ways have been trying to offer some sort of compromise on Brexit.

The Lib Dems, which has campaigned on a straightforward demand for a new referendum, aiming to reverse Brexit, would emerge as the largest political party with 24 percent of the vote, the poll showed.

The next largest party would be Nigel Farage's Brexit Party, which has only existed for a few months and supports a clean break with the European Union, with 22 percent of the vote.

The results underscore the growing polarisation of British politics, pointing to yet more uncertainty after the country was thrust into its biggest political crisis since World War Two, when voters opted in a referendum to leave the EU in 2016.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The United Kingdom was supposed to have left on March 29 but it remains a member of the EU and its politicians are still arguing over how, when or even whether the country will leave the club it joined in 1973.

May was forced to resign as prime minister last week after three years of trying but failing to pull Britain out of the EU, setting off a contest among lawmakers to replace her.

The Conservatives have ruled alone or in coalition for 63 years in the last century. The party, founded in 1834, has never finished outside the top two parties in a nationwide vote.

NO-DEAL BREXIT?

Leading candidates to become Britain's next prime minister have said Britain should be ready to leave the EU with no withdrawal deal at all - a move opposed by a majority in parliament and one that the Bank of England has said could be akin to the 1970s oil shock.

One of the candidates, Foreign Secretary Jeremy Hunt, said it would be "political suicide" to pursue a no-deal Brexit, a reprimand to front-runner Boris Johnson who said last week that Britain should leave with or without a deal by the end of October.

The Confederation of British Industry, Britain's main lobby group for business, wrote an open letter to the leadership candidates on Thursday evening, warning them they will forfeit the right to be regarded as the leader of the party of business if they fail to secure a Brexit deal.

Labour has since edged closer to a position that could make it possible to call off Brexit, but has stopped short of calling for a new referendum in all circumstances and has said a general election is its preferred outcome.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Britain’s next national election is not due until 2022 although one could be called earlier in certain circumstances such as if a motion of no confidence in the government is passed by a simple majority.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.