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Betting on another CON majority – Part 1

Betting on another CON majority – Part 1

One of the interesting bets currently available is on the likelihood of a Conservative overall majority at the next election.  The markets were pricing this at 36% on 19 November, down from evens in July.  The general consensus is that an election is highly unlikely for eighteen months at least.  Long-term readers of this site may recall me arguing that you can’t predict the result of an election from mid-term opinion polls or leader ratings.  Nevertheless, the decline in the…

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What Price Shoes?

What Price Shoes?

The Biblical parable of the mustard seed teaches us that even the tiniest beginnings can grow into something very large. An example from history of this is a man who didn’t want to buy new footwear. It led to his downfall and death, an inter-empire war, and played a significant role in the rapid early rise of Islam. Emperor Maurice of the Eastern Roman Empire had a surprisingly good relationship with his Sassanid counterpart Chosroes, having sheltered the young man…

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December 2024: A tongue-in-cheek prediction

December 2024: A tongue-in-cheek prediction

The new premier cast her eye across the Cabinet table and took in the empty room. Soon her newly assembled cabinet would gather for the first meeting since the General Election of December 2024.  Rachel Reeves allowed herself a few moments to take it all in and just briefly marvel at how she had somehow ended up as Prime Minister. The terrible winters of 2021/2 and 2022/23 were of course responsible for the Labour landslide that had followed the collapse…

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Seasonal factors and the timing of general elections

Seasonal factors and the timing of general elections

Since 1979, British governments have tended to hold elections in the Spring.  According to Nigel Lawson’s memoirs, this was because Mrs Thatcher, having won in the Spring of 1979, thought that May and June were her lucky months, but subsequent Prime Ministers continued the practice.  Of the last 11 elections, only one (the most recent) was not held in April, May or June.  Subject to the five-year limit, the Prime Minister controlled the timing of the elections until the passage…

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Corbyn Supporters have cooked his goose

Corbyn Supporters have cooked his goose

He won’t be allowed back into the PLP Getting Jeremy Corbyn back into the Parliamentary Labour Party is the top aim for his supporters but, I believe the way they have conducted their campaign in Brighton last week, has made it impossible for Keir Starmer to restore the Labour Whip. Back in August, according to the Observer, the Campaign for Labour Party Democracy (CLPD) was circulating a conference resolution which would have stripped the leader of his disciplinary powers and…

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Betting opportunities in the German election

Betting opportunities in the German election

A quick guide to the parties may be helpful. As the system is modified PR, you get a greater choice of substantial parties than in Britain. The Christian Democrats (CDU) and their Bavarian (CSU) allies maintained a solid lead until quite recently, but their Chancellor candidate is seen as far less solid than Mrs Merkel, and in troubled times German voters really like serious gravitas. They’ve found it in the Social Democrat (SPD) Chancellor candidate, Scholz, who is agreeablymoderate and…

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Why I’m quitting the Conservative Party

Why I’m quitting the Conservative Party

“Levelling Up” should not be a meaningless catchphrase. If Levelling Up is to mean anything then surely it should mean that those currently without wealth can work hard, strive, take opportunities and earn money to provide for themselves and their family, and to in the words of the Prime Minister “keep more of their hard-earned money” as seen in the tweet above. Today’s tax rise on that “hard-earned money” via National Insurance is a slap in the face against the…

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Known unknowns. The General Election 2023/4

Known unknowns. The General Election 2023/4

Donald Rumsfeld, who died in June, will always be remembered for his statement about ‘known unknowns’ with reference to Iraq. The term was apparently already in use at NASA for risks that one is aware of, which is where Rumsfeld came across it.  So casting our minds to the approaching next General Election what might the ‘known unknowns’ be here in UK for the 2023/24 campaign? The NHS. Obviously a perennial election regular, but this time it could be absolutely…

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