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Author: TSE

The next Chancellor of the Exchequer

The next Chancellor of the Exchequer

After the events of the last couple of days Ladbrokes have put up a market on the next Chancellor and if Reeves resigns or is replaced as Chancellor I think the value is with Yvette Cooper for two reasons. Due to Labour never having woman leader Labour and Starmer have made much of Rachel Reeves being the first woman Chancellor and if she is replaced they will choose another woman and secondly she’s appeared competent in a difficult role, relatively…

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Political authority is a lot like virginity, once it is gone it is very difficult to get back

Political authority is a lot like virginity, once it is gone it is very difficult to get back

This feels like the Liz Truss premiership but with fewer lettuces as the authority of the Prime Minister and Chancellor getting shredded by their own party and the markets. I suspect neither Starmer & Reeves have the same fortitude that Margaret Thatcher & Sir Geoffrey Howe and David Cameron & George Osborne had during their first year in office. I hope Rachel Reeves is okay, politics is a brutal business and no hiding places particularly those in the more high…

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Two NYC bets you should be making

Two NYC bets you should be making

The New York mayoral election has garnered a lot attention with Zohran Mamdani winning the Democratic Party who many on the GOP have dubbed a communist. The state of moral turpitude of the current iteration of the GOP is that elected officials want Mamdani deported and in fact President Trump has indicated he would arrest him. Assuming a free and fair election is held then I wonder the value is backing former disgraced Governor Andrew Cuomo and the Republican Curtis…

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Whatever happened to Rebecca Long-Bailey? She was the future once.

Whatever happened to Rebecca Long-Bailey? She was the future once.

I was reviewing some older political betting markets and I found this from December 2019 after Jeremy Corbyn lost another general election and announced his resignation. I often wonder about the road not taken, like Starmer she is a lawyer and we know how well they win elections, see here, but would her Corbynite leanings held her back? One thing I have noticed is the betting markets have a tendency to underestimate Sir Keir Starmer. TSE