Invesco Canada blog

Insights, commentary and investing expertise

Will U.K. election surprise lead to “softer” Brexit?

One year after the Brexit referendum and two years after the Scottish independence referendum, U.K. voters have surprised the country and the markets once again, with a dramatically different election outcome than suggested by almost every poll: Instead of an enlarged Conservative Party majority, which Prime Minister (PM) Theresa May wanted to see, the result of the June 8 general election is a “hung parliament” – no party controls a majority.

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U.K. triggers Brexit with Article 50: What happens now?

The Brexit process started today, when British Prime Minister Theresa May formally notified the European Union (EU) of the U.K.’s intention to withdraw from the EU under Article 50 of the Lisbon Treaty.

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Beyond Brexit: National politics and global growth

The U.K. has voted to leave the European Union (EU) by a majority of 51.9% to 48.1%, and U.K. Prime Minister David Cameron has tendered his resignation on the back of the result. Voter turnout was very high at around 72%. While a high turnout was expected to benefit the “remain” camp, the reality appears to have been different.1

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