Results are in and there is much concern going forward. As of writing the pound’s value has dropped to below 1985 levels, Nigel Farage, leader of Ukip, has told ITV’s breakfast programme “Good Morning Britain” that he thought the Leave campaign made a mistake stating that £350m would be saved a week leaveig the EU and those funds would then be funneled to the NHS, and there was definitely numerous age, social, and economic divides in the voting population.
David Cameron resigned as Prime Minister after the results came in. As a strong supporter of the Remain vote, he said in his announcement that “fresh leadership” is needed for the time ahead. There will be “a negotiation with the European Union” that has economists worried. He has also confirmed a new PM will be in seat by October. Long term impacts of this historic vote will be unknown for the next few weeks.
Remain v. Leave: The Breakdown
As the map shows there is a serious divide between Scotland and the rest of Great Britain. Northern Ireland seems to be divided in half, where according to a few sources, Catholic areas voted to remain, Protestant to leave.
The second serious gap was seen in age. Those 54 and younger leaned towards Remain. Over 52% of voters 18 to 34 were part of the Remain vote while 29% of persons 55+ voted Leave.
Polling prior to the vote suggested that the concerns, and the reasons for staying or leaving, showed very different ideologies.
Overall the number was quite close. A nearly even split between the two votes suggests that there will be large resistance in the coming days.
Effects on Scotland
Nicola Sturgeon’s promise to re-examine interest in another “indyref” will take place soon. The EU put quite a bit of funding into Scottish infrastructure. In 24 May a missive agreement was reached to build 86 turbine windfarms in value of GBP £2.7bn. There has been no comment about the future of this and other projects. Between 2014 and 2020 the European Social Fund and the European Regional Development Fund planned on investing around €11.8 billion into the UK. The funding was to “reduce inactivity among young people and the long-term unemployed and to improve training and skills… investing in education and lifelong learning, and promoting social inclusion by fighting poverty and discrimination”.
Fife Council, receives ESF funding and was keen on “funding opportunities and cross connection between the Council’s Economic Strategy 2013-20 and the Europe 2020 targets”. This was when the funding began in 2013. The total benefits were planned on 800 million Euros, divided among 17 Scottish members of the organisations, and the funding was expected to be secure until 2020.