UK: Can we trust the polls? – ING

Anil Panchal FXStreet

The ING’s Robert Carnell casts doubts on the polls concerning the United Kingdom’s (UK) election on December 12. The reasons cited include the historical performance of the polls and a thin majority in certain seats by the ruling Conservative Party.

Key quotes

"As we head towards the polls in the UK's de-facto second referendum on Brexit, it looks as if Boris Johnson's Conservative party is heading for a majority, and therefore, Brexit will become a reality."

"The polls have been very wrong before, and there are a number of seats that the Conservatives hold by a very thin majority, so even a small underperformance in terms of votes could mean a disproportionate loss of seats and a hung parliament."

"That could hit sterling hard if it happens."

Author

Anil Panchal

FXStreet

Anil Panchal has nearly 15 years of experience in tracking financial markets. With a keen interest in macroeconomics, Anil aptly tracks global news/updates and stays well-informed about the global financial moves and their implications.

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