A pumpkin with "Stop Brexit" engraving sits outside the Houses of Parliament in London. Reuters
A pumpkin with "Stop Brexit" engraving sits outside the Houses of Parliament in London. Reuters
A pumpkin with "Stop Brexit" engraving sits outside the Houses of Parliament in London. Reuters
A pumpkin with "Stop Brexit" engraving sits outside the Houses of Parliament in London. Reuters

Boris Johnson hopes December election will break Brexit impasse


Claire Corkery
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UK Prime Minister Boris Johnson has called for the country to “come together and get Brexit done” as Britons prepare to head to the polls for the first December election in almost a century.

MPs backed holding a snap poll on December 12 – less than two weeks before the Christmas holiday – during a parliamentary vote on Tuesday evening.

Mr Johnson hopes the election will return the Conservatives’ parliamentary majority and allow him to ratify his Brexit deal.

The UK was due to leave the European Union on Thursday but this deadline has since been delayed, despite Mr Johnson’s “do or die” Halloween Brexit pledge.

"It'll be a tough election and we are going to do the best we can," the prime minister told a group of backbench MPs.

Britain's Prime Minister Boris Johnson as he speaks during the weekly Prime Minister's Questions session (PMQs) in the House of Commons. AFP
Britain's Prime Minister Boris Johnson as he speaks during the weekly Prime Minister's Questions session (PMQs) in the House of Commons. AFP

Main opposition party Labour has said it will get Brexit sorted by giving voters a second referendum with a choice between “a sensible Leave deal or Remain”.

“A Labour government will be on your side, while Boris Johnson’s Conservatives – who think they’re born to rule – will only look after the privileged few,” Labour leader Jeremy Corbyn wrote in the Daily Mirror on Wednesday.

Labour, traditionally the party of working-class voters, is pitching a radical socialist government, which would give more money to the National Health Service, nationalise some utilities while levying higher tax on the biggest earners.

However, the two main political parties face a fierce challenge from the Liberal Democrats and the newly-formed Brexit Party.

The Liberal Democrats have pledged to cancel Brexit which could win over Labour voters outraged at the party’s ambiguous stance on EU membership as well as Conservative supporters who backed Remain in the 2016 referendum.

While the Brexit Party led by Nigel Farage could pick up working-class Labour Leave voters as well as Conservatives frustrated the UK has missed two Brexit deadlines.

“At last the deadlock in parliament is broken, Brexit now has a chance to succeed,” Mr Farage wrote on Twitter after the snap poll was called.

Polling this month showed the Conservatives were ahead of Labour by 10 percentage points.

During the last snap election in 2017 polling in the beginning of the campaign predicted the Conservatives would keep their majority but in the end resulted in a hung parliament.

Calling the election turned out to be a risk that failed for then Conservative prime minister Theresa May who was unable to get her Brexit deal passed through Parliament. The same fate befell Mr Johnson, whose attempts to push through his own divorce deal in a few days before the October 31 deadline were thwarted by MPs.

A respected independent think-tank criticised the deal Mr Johnson agreed with Brussels on Wednesday, saying the economy would be 3.5 per cent smaller than if the UK stayed in the EU.

The agreement would deliver a £70 billion blow over 10 years to the country, according to a study by the National Institute of Economic and Social Research.

The study said a no-deal Brexit would be even more damaging, making the British economy 5.6 per cent smaller.

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The drill

Recharge as needed, says Mat Dryden: “We try to make it a rule that every two to three months, even if it’s for four days, we get away, get some time together, recharge, refresh.” The couple take an hour a day to check into their businesses and that’s it.

Stick to the schedule, says Mike Addo: “We have an entire wall known as ‘The Lab,’ covered with colour-coded Post-it notes dedicated to our joint weekly planner, content board, marketing strategy, trends, ideas and upcoming meetings.”

Be a team, suggests Addo: “When training together, you have to trust in each other’s abilities. Otherwise working out together very quickly becomes one person training the other.”

Pull your weight, says Thuymi Do: “To do what we do, there definitely can be no lazy member of the team.” 

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Financial considerations before buying a property

Buyers should try to pay as much in cash as possible for a property, limiting the mortgage value to as little as they can afford. This means they not only pay less in interest but their monthly costs are also reduced. Ideally, the monthly mortgage payment should not exceed 20 per cent of the purchaser’s total household income, says Carol Glynn, founder of Conscious Finance Coaching.

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Using a good mortgage broker is worth the investment to obtain the best rate available for a buyer’s needs and circumstances. A good mortgage broker will help the buyer understand the terms and conditions of the mortgage and make the purchasing process efficient and easier.