13 Oct 2014
UK's UKiP making gains against the major political parties - Investec
FXStreet (Łódź) - Jonathan Pryor, Corporate Treasury Analyst at Investec comments on the recent news of UK's right-wing populist UK Independence Party rising in polls.
Key Quotes
"UK politics has been in the headlines this morning after recent opinion polls have rising star UKiP making gains against the major political parties."
"After winning their first seat in the Clacton by-election last week after a Conservative MP defected, UKIP leader Nigel Farage had said he will prop up a Conservative minority government in exchange for a referendum on EU membership in July 2015 if the opportunity arises."
"Although short of a full coalition, something Mr Farage has previously said he is opposed to, this may prove to be a viable option to form a working government in the event of a close vote in May's general election."
"For Conservative leader David Cameron, this would bring forward his in/out EU referendum pledge by two years, heavily reducing his pre-poll renegotiation time with European Chiefs."
"The press are also reporting the prospect of another Tory loss to UKIP in the upcoming Rochester and Strood by-election which could see Mr Cameron’s leadership of the Tories called into question."
Key Quotes
"UK politics has been in the headlines this morning after recent opinion polls have rising star UKiP making gains against the major political parties."
"After winning their first seat in the Clacton by-election last week after a Conservative MP defected, UKIP leader Nigel Farage had said he will prop up a Conservative minority government in exchange for a referendum on EU membership in July 2015 if the opportunity arises."
"Although short of a full coalition, something Mr Farage has previously said he is opposed to, this may prove to be a viable option to form a working government in the event of a close vote in May's general election."
"For Conservative leader David Cameron, this would bring forward his in/out EU referendum pledge by two years, heavily reducing his pre-poll renegotiation time with European Chiefs."
"The press are also reporting the prospect of another Tory loss to UKIP in the upcoming Rochester and Strood by-election which could see Mr Cameron’s leadership of the Tories called into question."