And for Kwasi the worst Chancellor ratings ever recorded by Ipsos Rishi Sunak, who was the long-term betting favourite for the Tory leadership last time but got beaten by Liz Truss, is now back in the favourites slot following the current turmoil in the Tory Party. Everything now depends for him on how long Truss manages to stay in post though she is helped by a party rule that there can be no challenge to the leader within their first…
And the Times reports a plot to oust her Another set of difficult front pages for Truss as the pressure mounts on her to perform another U-Turn on what has been the defining feature of her time at Number 10 – the controversial proposals in the first budget. The Times goes much further and reports that “Senior Conservatives are holding talks about replacing Liz Truss with a joint ticket of Rishi Sunak and Penny Mordaunt as part of a “coronation”…
Inevitably given the way the opinion polls have moved so sharply to Labour then Keir starmer has moved up in the betting to be the prime minister after the next general election. Note that this is not the next prime minister market which clearly has other Conservative alternatives to to Truss as well as Starmer Whether she actually survives to fight the next election is hard to say but undoubtedly there is a lot of worry within the Conservative parliamentary…
There is a new YouGov poll in which the Tory deficit behind Labour is now at 28% which is a touch better than last week. What we do have from the firm is the latest best Prime Minister Question and as can be seen in the chart Truss trails Starmer by quite some margin. Just 13% of the sample rated Truss against 42% for Starmer. The detail of the poll finds that only 30% of those who voted Conservative at…
It was always going to be a problem for Truss that she only won the support of less than 19% of the parliamentary Conservative Party during the leadership election first round. She was the third choice of MPs Her government launched a programme in the budget which totally changed decades of the Tory approach to the economy and taxation and large parts of the parliamentary party are not happy. Essentially she has over-reached herself and now the question is how…
If the betting markets have got this right then Liz Truss is not likely to be fighting the next general election as Conservative leader and PM. The betting above shows that punters think she has just over a 10% chance of going this year with a near 59% chance of leaving in 2023 Clearly she has a lot to learn and once again today at PMQs she really struggled. She needs to prepare for this set piece even much better…
Voters compare Truss with Starmer By far the worst numbers here for Truss are on likeability. That just 11% say she is likeable is awful for the PM and it is hard to see what she does about it. The perception spills over onto the trustworthy rating and whether they are seen as competent. One of the things that has been marked over the past five weeks is how Starmer’s personal ratings have moved up. She has been a godsend…
What is happening in the financial markets now is as dangerous as what happened in October 2008. Unlike then, this does not relate to one or two failing institutions (though that is a crude summary of what happened). Rather, it is two-fold: on the financial side, the issue of government borrowing, how it is to be paid for and how a path back to some sort of fiscal stability to lay the foundations for growth are to be achieved. Politically,…