Browsed by
Category: General

With all eyes on Westminster….

With all eyes on Westminster….

Darling’s statement – the continuation thread Alistair Darling has given his Pre-Budget Report speech, with the highlights being largely as expected: VAT cut from 17.5% to 15% for 13 months beginning on Monday, and an increase in the basic rate of Income Tax to 45% for those earning over £150,000. What had not been leaked was the increase in National Insurance Contributions by 0.5% from April 2011 which has been targetted by George Osborne in his rebuttal. Similarly, I would…

Read More Read More

How should we read Obama’s Cabinet choices?

How should we read Obama’s Cabinet choices?

And what else might happen in this term? I was a little surprised at the recent non-announcement that Hillary Clinton is to be offered the job of Secretary of State by President-Elect Obama. Unlike others, I see her as perfectly well qualified, and can understand that after having come so close to leading her party that her junior status in the Senate was not particularly appealing. I have no doubt that her network and reputation will allow her to do…

Read More Read More

Is the PM a true gambler?

Is the PM a true gambler?

Is his position-play strong enough to overcome a weak hand? Many years before I started political betting, I was an avid poker player. I wasn’t tremendously successful, but I broke even or better at some pretty tough clubs, and knew the game as well as most. As one of the few games with as rich a literature as chess, I understood this princely game sufficiently to appreciate the very best, even if I wasn’t worthy of sitting opposite them. I…

Read More Read More

Spread punters still back a Tory majority – just!

Spread punters still back a Tory majority – just!

But will the next set of polls follow MORI? The panel show the latest spread betting levels on the three main markets. There will be 650 seats next time so to ensure a majority a party will need 325. As can be seen there is now something of a division between IG Index and PB’s co-sponsor, Sporting Index. It’s not often you see a gap as large as five seats in the Tory and Labour spreads between the two companies….

Read More Read More

Is Portillo right about Gord?

Is Portillo right about Gord?

Has the PM been transformed into a “risk taker”? On the Andrew Neil programme last night Michael Portillo made an acute observation which I’ve been thrashing about in my mind ever since – that recent events have led to a transformation in Brown’s character and that he might have become a risk-taker and a gambler. At the time of the Glenrothes by-election I pondered that that for him to become so personally involved was an enormous risk. If Labour hadn’t…

Read More Read More

On the spreads the Tory majority gets narrower

On the spreads the Tory majority gets narrower

Do we expect further moves to Labour? As expected the latest Ipsos-MORI poll putting Labour just 3% behind has caused movement on the spread betting markets – the political betting arenas where you can win or lose whole piles of cash by trading the number of seats the parties will get at the general elecxtion as though they were stocks and shares. The latest spreads from from PB’s co-sponsor, Sporting Index are: CON 334-340: LAB 242-248: LD 42-45 seats. With…

Read More Read More

Pre-Boris MORI would have had it at 39/39/12

Pre-Boris MORI would have had it at 39/39/12

Last May, it will be recalled, Ipsos-MORI lanuched a major review of its methodology after its performance in the Ken-Boris battle for London. The firm stopped publishing results for a couple of months before it announced big changes and this latest poll embraces measures to stop Labour being over-stated. A major element of the reform was to identify and weight the public sector workers in their samples who have tendency to be much more pro-Labour and anti-Tory than the electorate…

Read More Read More

Mori has the lead down to 3%

Mori has the lead down to 3%

CONSERVATIVES 40% (-5) LABOUR 37% (+7) LIB DEMS 12% (-2) Could this increase the chances of a 2009 election? MORI has just sent me the headline figures which appear above and have confirmed to me that the shares relate to those who are 100% certain to vote. This is a sensational poll for Labour and there can be little doubt that it will step up the pressure for an early election. One thing is clear – MORI is living up…

Read More Read More