Immediately after the U.K.'s General Election in May, when an In-Out referendum on the U.K. staying in the European Union (EU) was confirmed, I felt that fears of Britain going it alone – a so-called "Brexit" – were overblown. But now it's time to revise that opinion and wake up to the very real threat of the U.K. leaving the EU. It is now too close to call.
Only 12.8 percent of the electorate voted for parties running on a Euroskeptic ticket in May. Or rather, one party: the U.K. Independence Party (UKIP). Doubtless there was a large portion of the 37 percent of the electorate that voted for the Conservative party which also have strong Euroskeptic opinions – the Tories have always been divided on Europe - but that was still a long way short of a majority, with all of the opposition Labour, Liberal Democrats, SNP and Green parties presenting a united pro-Europe front.
That, accompanied with the belief that Prime Minister David Cameron would secure more in his renegotiation than expected, raised expectations that the U.K. would vote to stay in the EU.
But what a difference a few months have made: A YouGov poll on 28th September put the Brexit vote ahead with 40 percent of Britons wanting to leave the EU, compared to 38 percent who wanted to remain.