Brexit Deal Just Around the Corner

If the polls are any indication of the final results of the UK election, it is all but certain that the United Kingdom will finally leave the European Union on January 31, as exit polls show Boris Johnson will win a huge majority in the British Parliament.

In what has been called the most important election in a generation, the Conservative Party was predicted to win 368 seats in the House of Commons according to a poll released just after voting closed. If the poll is correct about the final results, the UK will finally leave the EU after more than three and a half years since the Brexit referendum was introduced.

The rivaling Labour Party and has lagged behind the Conservatives in opinion polls for weeks as they stood on a socialist platform to subdue the influence and power of big business in favor of the rights of workers. The Labour Party was predicted to win only 191 seats, far below what is needed to have a majority in the government.

Labour Members Disappointed

These early indications in the exit polls are based on large scale surveys of people that have actually taken part in voting. Over 20,000 individuals were asked how they voted at 144 polling stations across the UK. Speaking to the accuracy of the polls, their records have been excellent. But there is always a margin of error with any poll.

John McDonnel, the shadow chancellor of the Labour Party, described the polling results as “extremely disappointing.” The preliminary results have also prompted questions on whether McDonnell and Labour leader Jeremy Corbyn would resign, to which McDonnell replied that they would make an informed decision after the full results were in the following morning.

The British pound soared to as much as 2.1 percent against the dollar just after the poll results were announced.