Irish boost as bookies eye 90% ‘Bremain’ vote

The debate over whether the UK will exit the EU has switched dramatically to the potential gains for some Irish shareholders and most Irish exporters should the so-called ‘Bremain’ side win the looming UK vote on EU membership on June 23.

Financial markets yesterday reacted to opinion polls, and to bookmakers’ odds, which suggest the ‘Remain’ side in the British campaign is building a considerable lead.

Paddy Power quoted odds of 1 to 8 yesterday that the referendum would result in the UK staying in, as the probability of the Remain side of winning climbed to almost 90% from an 80% chance in less than a week.