LAB analysis suggests a double-digit bounce for PM Truss – politicalbetting.com
An internal Labour analysis being reported by the Guardian is suggesting what I have been predicting, and betting on for several weeks, Truss will get a significant new PM bounce in the polls. The report by Pippa Crerar notes:
The new price cap is announced before Truss is elected. I think that destroys any sort of poll bounce unless the gov't REALLY turns on the taps at the emergency budget. They might I suppose.
I expect a Truss honeymoon to deliver a decent poll boost for the Tories and put them in the lead - but I imagine there is some expectations management going on here by Labour.
Morning all The fact this 'leaked' means its expectations management. Therefore labour i suspect think the bounce will be much smaller or none at all so they can say 'she's slready holed below the waterline'
Truss should get a bounce but it is unlikely to be as big as Major, Brown, May or Johnson got. For starters Truss is the continuity Boris candidate. Major was at least somewhat ideologically different from Thatcher as was Brown from Blair and Johnson from May and indeed even May from Cameron so it seemed more of a change in government. In fact the biggest difference between Truss and Boris is she is more of a tax and spending cutter
Truss should get a bounce but it is unlikely to be as big as Major, Brown, May or Johnson got. For starters Truss is the continuity Boris candidate. Major was at least somewhat ideologically different from Thatcher as was Brown from Blair and Johnson from May and indeed even May from Cameron so it seemed more of a change in government. In fact the biggest difference between Truss and Boris is she is more of a tax and spending cutter
Maybe. In following the leadership race, it is hard to be confident that what Truss and Sunak propose is the same as what their supporters support.
The current average is L41 C31, so it needs a five point bounce for proper crossover, though the odd Conservative lead would happen on a smaller bounce. If Truss can't manage that, she's stuffed.
Meanwhile, I don't entirely trust the recent widening of the gap- the line takes a while to settle down. But it would be amusing if the nature and length of the campaign means that the Truss bounce dissipates before she even takes office.
Truss should get a bounce but it is unlikely to be as big as Major, Brown, May or Johnson got. For starters Truss is the continuity Boris candidate. Major was at least somewhat ideologically different from Thatcher as was Brown from Blair and Johnson from May and indeed even May from Cameron so it seemed more of a change in government. In fact the biggest difference between Truss and Boris is she is more of a tax and spending cutter
I guess it's possible (although I sense not) that Truss is doing a Starmer - ie she's telling the members what they want to hear in order to get the leadership but once ensconced will change and become something else entirely.
- “… comes amid speculation that Truss could be tempted to capitalise on the upswing and call a snap general election.“
I am of the firm conviction that a snap GE is her only chance.
Year of next UK GE:
2022 16/1 2023 5/1 2024 or later 2/7
2022 has got to be worth fifty quid at that preposterously generous price?
Trouble is, if you count back from a mid-December election, like 2019, then Liz Truss will have only six or seven weeks to study the polls, make a decision and call the election. And while Boris is said to favour winter elections, the conventional wisdom is spring.
- “… comes amid speculation that Truss could be tempted to capitalise on the upswing and call a snap general election.“
I am of the firm conviction that a snap GE is her only chance.
Year of next UK GE:
2022 16/1 2023 5/1 2024 or later 2/7
2022 has got to be worth fifty quid at that preposterously generous price?
Speculation encouraged by Labour in the hope that like the inexperienced and badly advised Brown she will go along with it and then look like a bottler, or go ahead and actually hold one and lose it.
Truss should get a bounce but it is unlikely to be as big as Major, Brown, May or Johnson got. For starters Truss is the continuity Boris candidate. Major was at least somewhat ideologically different from Thatcher as was Brown from Blair and Johnson from May and indeed even May from Cameron so it seemed more of a change in government. In fact the biggest difference between Truss and Boris is she is more of a tax and spending cutter
I guess it's possible (although I sense not) that Truss is doing a Starmer - ie she's telling the members what they want to hear in order to get the leadership but once ensconced will change and become something else entirely.
It's possible - but she is going to have to change an awful lot of what she has promised because what she has promised just isn't possible.
I note that over the weekend she suggested a review of IR35 - I can point to £70bn reasons why that will never get anywhere...
Although a Labour majority (3.85) is still shorter than a Conservative one. That's really something when you think about it. And what a massive switch in political mood and momentum from a year ago. Amazing really.
Truss should get a bounce but it is unlikely to be as big as Major, Brown, May or Johnson got. For starters Truss is the continuity Boris candidate. Major was at least somewhat ideologically different from Thatcher as was Brown from Blair and Johnson from May and indeed even May from Cameron so it seemed more of a change in government. In fact the biggest difference between Truss and Boris is she is more of a tax and spending cutter
I guess it's possible (although I sense not) that Truss is doing a Starmer - ie she's telling the members what they want to hear in order to get the leadership but once ensconced will change and become something else entirely.
It's possible - but she is going to have to change an awful lot of what she has promised because what she has promised just isn't possible.
I note that over the weekend she suggested a review of IR35 - I can point to £70bn reasons why that will never get anywhere...
TBF - abolishing IR35 might bring in more tax than keeping it. When it was introduced, the tax take went noticeably down and, IIRC, it has barely "broke even" in nearly 20 years.
Firstly - Labour would say that wouldn’t they “temporary Tory poll leads from new leader bounce, we told you that would happen, nothing to explain here BJO.” Exactly the sort of preemptive chaff we all would push out there?
Secondly, it’s an old Guardian story now, since this came out last week the polls have moved. The “swing back built in” Opinium was incredible, it’s nearly back to double digit lead before swing back built in. Something is suddenly going on that makes a new leader bounce this time unlikely to close the gap. The voters have listened to the Tory’s and made their minds up on next general election now, giving Boris replacement the poll plunge not the bounce? The week the polls put the writing up on the wall? How about No Tory poll lead till 2025 as an interesting betting tip?
Yes Tory lead soon based on history. Yes but no because history never had Bubble from AbFab, going to the palace to touch hands.
To paraphrase Alex Ferguson - this last decade of British politics, bloody hell.
The honeymoon lead is not really the issue. The issue is can she hold the lead for 6 weeks if she calls a snap election?
If she does not call a snap election then I think she and the current "Conservatives" are doomed. On the plus side, they can spend electoral oblivion purging all the Kippers and returning to sane politics.
Although a Labour majority (3.85) is still shorter than a Conservative one. That's really something when you think about it. And what a massive switch in political mood and momentum from a year ago. Amazing really.
We've discovered that a government following a "one law for us but another law for you, do as I say not as I do" strategy loses trust and then support.
Truss should get a bounce but it is unlikely to be as big as Major, Brown, May or Johnson got. For starters Truss is the continuity Boris candidate. Major was at least somewhat ideologically different from Thatcher as was Brown from Blair and Johnson from May and indeed even May from Cameron so it seemed more of a change in government. In fact the biggest difference between Truss and Boris is she is more of a tax and spending cutter
I guess it's possible (although I sense not) that Truss is doing a Starmer - ie she's telling the members what they want to hear in order to get the leadership but once ensconced will change and become something else entirely.
It's possible - but she is going to have to change an awful lot of what she has promised because what she has promised just isn't possible.
I note that over the weekend she suggested a review of IR35 - I can point to £70bn reasons why that will never get anywhere...
TBF - abolishing IR35 might bring in more tax than keeping it. When it was introduced, the tax take went noticeably down and, IIRC, it has barely "broke even" in nearly 20 years.
I will give you the Treasury argument.
Employment numbers are reducing as more companies move towards using contingency and freelance workers. This is having a significant impact on Employer NI.
And given the amount of money generated by Employer NI we cannot take the risk that that money will erode away. That literally was the argument used for the changes to IR35 in the public sector (2017) and large firms (2021)..
Now I wouldn't have a problem if the discussion was about employment (as employment law and employment tax law is a utter mess that doesn't relate in whole sets of places) but it's not that - it's a story about IR35 because Liz thinks she will get some votes out of it...
- “… comes amid speculation that Truss could be tempted to capitalise on the upswing and call a snap general election.“
I am of the firm conviction that a snap GE is her only chance.
Year of next UK GE:
2022 16/1 2023 5/1 2024 or later 2/7
2022 has got to be worth fifty quid at that preposterously generous price?
Speculation encouraged by Labour in the hope that like the inexperienced and badly advised Brown she will go along with it and then look like a bottler, or go ahead and actually hold one and lose it.
Brown bottled it because of the horrific Scottish Labour internal polling. They would’ve been gubbed.
Truss has the big advantage that she doesn’t give a shit about Scotland.
If "Brexit is done", why the fuck do people keep going on about it, and why does it hijack so many threads on here?
WWII is done but people never stopped going on about it.
Heck we still get discussions going on about Roman conflicts.
Does it not need to the two sides of the argument to be United to be done though? I mean, if you voted remain and hate Brexit, you will demand to see all the promised financial benefits before calling it done in your own mind, wouldn’t you?
Surely for Brexit to be done, all those remainers in the Blue Wall will have to vote Tory again, as key measurements of it being fully done and dusted?
The honeymoon lead is not really the issue. The issue is can she hold the lead for 6 weeks if she calls a snap election?
If she does not call a snap election then I think she and the current "Conservatives" are doomed. On the plus side, they can spend electoral oblivion purging all the Kippers and returning to sane politics.
In electoral oblivion I suspect they will do the exact opposite and purge the remaining pieces of sanity.... It will be their equivalent of Labour post 2017 - we lost because we simply weren't left / right wing enough...
Although a Labour majority (3.85) is still shorter than a Conservative one. That's really something when you think about it. And what a massive switch in political mood and momentum from a year ago. Amazing really.
Price cap £6,000 by April. Who on earth can afford that.
Has the Truss Team defined what a “temporary moratorium on energy levies” is yet? It’s not a six month freeze paid for by raising extra windfall taxes is it?
The last five Voting Intention findings for the Scottish Tories (reverse chronological order):
20% 19% 18% 19% 19%
Result last time: 25.1%
In combination with SCon to SLD swingback, the Ross team is in for a spanking if FM Truss goes for a snap GE.
Is there SCon to SLD swingback? The SLD average over the same 5 polls is 8%, down 1.5% on last time. Clearly SCon are struggling but i dont see any SLD revival, there was no signal in the locals for them coming back in the borders or aberdeenshire where Tories have their relative strength? Nor particularly in former strong areas like Argyll?
FPT @DougSeal "For the final time. It's not an unwritten constitution. It's uncodified. It does not "evolve", it is changed by consent, and, even if it did, that does not mean making shit up as you go along. The Cabinet Manual beats a BBC report. Just admit it when you're wrong. It's not hard for most of us."
It's a shame you can't admit you're wrong. The Cabinet Manual absolutely recognises the principle of a caretaker government, of which we presently have one, furthermore it absolutely and explicitly recognises the principle that conventions play in our constitution. Conventions can and do evolve over time. The Cabinet Manual even explicitly recognises conventions in its own full title.
Whether the role of a caretaker Prime Minister existed in 1909 or 1783 or any other year is moot, the principle that it exists has long been recognised as a convention and even if it didn't formerly exist it has been formally recognised by the Cabinet in 2022 when they declared that Boris Johnson was only staying on as a caretaker Prime Minister. Their decision being the next logical step in the evolution of the role that had already been recognised.
- “… comes amid speculation that Truss could be tempted to capitalise on the upswing and call a snap general election.“
I am of the firm conviction that a snap GE is her only chance.
Year of next UK GE:
2022 16/1 2023 5/1 2024 or later 2/7
2022 has got to be worth fifty quid at that preposterously generous price?
Trouble is, if you count back from a mid-December election, like 2019, then Liz Truss will have only six or seven weeks to study the polls, make a decision and call the election. And while Boris is said to favour winter elections, the conventional wisdom is spring.
Six or seven weeks is plenty of Tory thinking time.
It significantly exceeds The Oaf’s six or seven seconds.
A big week for Ukraine, and a bad feeling that their Independence Day on Wednesday, the six-month anniversary of the start of the invasion, is going to be a target for a mad Russian leader who sees his army collapsing in front of him, and no way out that isn’t totally humiliating.
The Ukranian attacks on Crimea last week, where many middle-class Russians were on holiday, is waking the average Russian up to what’s actually been going on for the past six months.
There was a call yesterday between Johnson, Biden, Macron and Sholz, who noted Russian escalations in fighting around the Zaporizhzhia nuclear plant. I really, really hope that Putin - or at least someone in the inner circle at the Kremlin - has thought through what the Western reaction would be to the war going nuclear.
- “… comes amid speculation that Truss could be tempted to capitalise on the upswing and call a snap general election.“
I am of the firm conviction that a snap GE is her only chance.
Year of next UK GE:
2022 16/1 2023 5/1 2024 or later 2/7
2022 has got to be worth fifty quid at that preposterously generous price?
Trouble is, if you count back from a mid-December election, like 2019, then Liz Truss will have only six or seven weeks to study the polls, make a decision and call the election. And while Boris is said to favour winter elections, the conventional wisdom is spring.
If she goes early it would probably be feb or march if any initial bounce holds the line through the winter
The honeymoon lead is not really the issue. The issue is can she hold the lead for 6 weeks if she calls a snap election?
If she does not call a snap election then I think she and the current "Conservatives" are doomed. On the plus side, they can spend electoral oblivion purging all the Kippers and returning to sane politics.
In electoral oblivion I suspect they will do the exact opposite and purge the remaining pieces of sanity.... It will be their equivalent of Labour post 2017 - we lost because we simply weren't left / right wing enough...
That seems to be part of the grief cycle, and has got worse since party members have had the decisive say. The striking thing is how quickly Labour have revived.
The Conservatives won't be able to win by going down the Republican rabbithole; that only works with massive gerrymandering, so we're safe for now. But they will give it a damn good try (unless she blows up, I'd have thought Badenoch is a shoe-in to be LotO 2024-9 before going down to a hefty defeat.)
A bit like mammals 70 million years ago, the next-but-one Conservative PM is scuttling around largely unnoticed.
One of few things that Trump was right about, was that the US and UK were the only countries pulling their weight in NATO, and that everyone else needed to meet the 2% defence spending target - especially the Germans.
Poland, Greece, Slovakia and all of the Baltics spend more than 2%.
The UK cheats by counting pension payments (including mine) toward defence spending.
In the Woodward books, the veracity of which have never been challenged, Trump comes across as absolutely obsessed with eliminating US defence commitements abroad. He was only prevented from withdrawing 30,000 troops from South Korea by Gary Cohn taking the paperwork off his desk before he could sign it.
In his next term when he goes full "Dark MAGA" there are going to be far fewer constraints on his caprice.
The current average is L41 C31, so it needs a five point bounce for proper crossover, though the odd Conservative lead would happen on a smaller bounce. If Truss can't manage that, she's stuffed.
Meanwhile, I don't entirely trust the recent widening of the gap- the line takes a while to settle down. But it would be amusing if the nature and length of the campaign means that the Truss bounce dissipates before she even takes office.
I think it was William Glenn who posted, it’s like making Bubble from abfab Prime Minister. So each time I say it I expect he’s collecting my £10.
You post a lot of balanced sense Stew. How to explain the graffs sudden change in directory? Wooly did straight away. Labour came up with a Cap Freeze - the voters loved it, even Tory ones by huge margin - Team Truss said no, tax cuts instead.
As Times report today the Blukip Tory Party would vote Boris as their leader rather than one of this fresh leadership elections candidates, this the truth proving this blukip electorate could not make a decision based on any polling or political sense or sanity
But it’s not just “sod the poor 2/3rds of the country, we want tax cuts”, because there are far too many reason why replacing Boris with Truss is most damaging move for the Tory party itself - what first leaps out, Truss and Kwarteng have no communication skills whatsoever. They are wooden, unlikable, a bit weird. Even if they chose not to anger the electorate and instead adopt the electorates preferred “cap freeze”, they still wouldn’t get a bounce, as they can’t sell policies, popular or unpopular. They are the sort of people who would say Good Morning to you and it would grate, wind you up. The Tory members are daft to ignore it will be prime minister and chancellor without persuasion skills, without the ability to gain trust and followers, and more importantly deflect blame for things. Kwarteng has already acknowledged public spending cuts would be required if tax cuts were implemented, but refuse to say what cuts, there you go, voters won’t stand that game for very long, as the crashing polls show. And you know how voters will quickly tire of their Prime Ministers weekly gaffs, not just hate her policies.
So PM Truss, how could this happen? If Raab hadn’t buggered up Afghan crisis, Truss wouldn’t have been overpromoted to Foreign Secretary. It’s pure Chancey Gardner all this. Or that moment in I, Claudius when the Imperial Guard realise no emperor no imperial guard with extra benefits, so they pull Claudius out from under the table and put him on the throne, so the Brexit Guard can carry on lording it.
- “… comes amid speculation that Truss could be tempted to capitalise on the upswing and call a snap general election.“
I am of the firm conviction that a snap GE is her only chance.
Year of next UK GE:
2022 16/1 2023 5/1 2024 or later 2/7
2022 has got to be worth fifty quid at that preposterously generous price?
Trouble is, if you count back from a mid-December election, like 2019, then Liz Truss will have only six or seven weeks to study the polls, make a decision and call the election. And while Boris is said to favour winter elections, the conventional wisdom is spring.
I think there's also the issue of what the election is for. Johnson spent some time in 2019, with the prorogation and other shenanigans, preparing the ground so that he had a clear purpose for the GE - to Get Brexit Done, to clear the logjam in Parliament.
When May called an early election what was it for? Essentially she asked the electorate for a blank cheque. The purpose was for her benefit, not the electorates.
The same would be true of an early election now, unless Truss had tried to implement a policy and been blocked by Parliament from doing so. The voters would see that the election was for her benefit, not theirs, and vote accordingly.
Although a Labour majority (3.85) is still shorter than a Conservative one. That's really something when you think about it. And what a massive switch in political mood and momentum from a year ago. Amazing really.
Huh? Lab Maj is 4.33 Ladbrokes.
Betfair exchange for me. I'm banned from all the trad bookies.
The last five Voting Intention findings for the Scottish Tories (reverse chronological order):
20% 19% 18% 19% 19%
Result last time: 25.1%
In combination with SCon to SLD swingback, the Ross team is in for a spanking if FM Truss goes for a snap GE.
Is there SCon to SLD swingback? The SLD average over the same 5 polls is 8%, down 1.5% on last time. Clearly SCon are struggling but i dont see any SLD revival, there was no signal in the locals for them coming back in the borders or aberdeenshire where Tories have their relative strength? Nor particularly in former strong areas like Argyll?
There was a 2.85% SCon to SLD swing in Aberdeenshire.
Can’t find the figures for D&G or Borders at short notice.
But please note that:
1. SLD almost always outperform their mid-term VI figures. 2. The SLDs have an extraordinarily uneven vote distribution, which all pollsters struggle with 3. A UK GE heavily focussed on the Brexit fiasco will drive many folk back to the SLDs
Truss should get a bounce but it is unlikely to be as big as Major, Brown, May or Johnson got. For starters Truss is the continuity Boris candidate. Major was at least somewhat ideologically different from Thatcher as was Brown from Blair and Johnson from May and indeed even May from Cameron so it seemed more of a change in government. In fact the biggest difference between Truss and Boris is she is more of a tax and spending cutter
I guess it's possible (although I sense not) that Truss is doing a Starmer - ie she's telling the members what they want to hear in order to get the leadership but once ensconced will change and become something else entirely.
It's possible - but she is going to have to change an awful lot of what she has promised because what she has promised just isn't possible.
I note that over the weekend she suggested a review of IR35 - I can point to £70bn reasons why that will never get anywhere...
TBF - abolishing IR35 might bring in more tax than keeping it. When it was introduced, the tax take went noticeably down and, IIRC, it has barely "broke even" in nearly 20 years.
I will give you the Treasury argument.
Employment numbers are reducing as more companies move towards using contingency and freelance workers. This is having a significant impact on Employer NI.
And given the amount of money generated by Employer NI we cannot take the risk that that money will erode away. That literally was the argument used for the changes to IR35 in the public sector (2017) and large firms (2021)..
Now I wouldn't have a problem if the discussion was about employment (as employment law and employment tax law is a utter mess that doesn't relate in whole sets of places) but it's not that - it's a story about IR35 because Liz thinks she will get some votes out of it...
Almost every freelance job I see advertised these days states outside IR35, so I assume it's fairly useless anyway at this point, as the lawyers have found a way round it.
The most recent opinion polls don't suggest that The End of Boris has produced an uptick in Tory fortunes. Given that the public have known for some time that either Truss or Sunak will be the next PM, and given that the public (not Tory voters) don't seem to strongly favour one over the other, I'm not persuaded that Truss's accession will lead to a significant change in the polls.
- “… comes amid speculation that Truss could be tempted to capitalise on the upswing and call a snap general election.“
I am of the firm conviction that a snap GE is her only chance.
Year of next UK GE:
2022 16/1 2023 5/1 2024 or later 2/7
2022 has got to be worth fifty quid at that preposterously generous price?
Trouble is, if you count back from a mid-December election, like 2019, then Liz Truss will have only six or seven weeks to study the polls, make a decision and call the election. And while Boris is said to favour winter elections, the conventional wisdom is spring.
I think there's also the issue of what the election is for. Johnson spent some time in 2019, with the prorogation and other shenanigans, preparing the ground so that he had a clear purpose for the GE - to Get Brexit Done, to clear the logjam in Parliament.
When May called an early election what was it for? Essentially she asked the electorate for a blank cheque. The purpose was for her benefit, not the electorates.
The same would be true of an early election now, unless Truss had tried to implement a policy and been blocked by Parliament from doing so. The voters would see that the election was for her benefit, not theirs, and vote accordingly.
And if Truss can't get a policy through Parliament with a majority of whatever it is these days, she's a bit rubbish isn't she?
The last five Voting Intention findings for the Scottish Tories (reverse chronological order):
20% 19% 18% 19% 19%
Result last time: 25.1%
In combination with SCon to SLD swingback, the Ross team is in for a spanking if FM Truss goes for a snap GE.
Is there SCon to SLD swingback? The SLD average over the same 5 polls is 8%, down 1.5% on last time. Clearly SCon are struggling but i dont see any SLD revival, there was no signal in the locals for them coming back in the borders or aberdeenshire where Tories have their relative strength? Nor particularly in former strong areas like Argyll?
There was a 2.85% SCon to SLD swing in Aberdeenshire.
Can’t find the figures for D&G or Borders at short notice.
But please note that:
1. SLD almost always outperform their mid-term VI figures. 2. The SLDs have an extraordinarily uneven vote distribution, which all pollsters struggle with 3. A UK GE heavily focussed on the Brexit fiasco will drive many folk back to the SLDs
Yes but the swing was due to the Tory vote falling, not an SLD revival. I don't doubt at all the Tories will struggle at a GE (maybe hold 2 or 3 as it stands) but there really isnt anything to suggest an SLD revival generally, nor versus the STories specifically as we stand. Doesnt mean it won't happen but the yes/no nat/unionist thing will vastly outweigh it
D and G they got 3.3% in the locals (up a touch but negligible support) Borders 9.6% again up a little
One of few things that Trump was right about, was that the US and UK were the only countries pulling their weight in NATO, and that everyone else needed to meet the 2% defence spending target - especially the Germans.
Poland, Greece, Slovakia and all of the Baltics spend more than 2%.
The UK cheats by counting pension payments (including mine) toward defence spending.
In the Woodward books, the veracity of which have never been challenged, Trump comes across as absolutely obsessed with eliminating US defence commitements abroad. He was only prevented from withdrawing 30,000 troops from South Korea by Gary Cohn taking the paperwork off his desk before he could sign it.
In his next term when he goes full "Dark MAGA" there are going to be far fewer constraints on his caprice.
Which is to assume a next term. At the moment, about as likely as his first jail term.
- “… comes amid speculation that Truss could be tempted to capitalise on the upswing and call a snap general election.“
I am of the firm conviction that a snap GE is her only chance.
Year of next UK GE:
2022 16/1 2023 5/1 2024 or later 2/7
2022 has got to be worth fifty quid at that preposterously generous price?
Trouble is, if you count back from a mid-December election, like 2019, then Liz Truss will have only six or seven weeks to study the polls, make a decision and call the election. And while Boris is said to favour winter elections, the conventional wisdom is spring.
I think there's also the issue of what the election is for. Johnson spent some time in 2019, with the prorogation and other shenanigans, preparing the ground so that he had a clear purpose for the GE - to Get Brexit Done, to clear the logjam in Parliament.
When May called an early election what was it for? Essentially she asked the electorate for a blank cheque. The purpose was for her benefit, not the electorates.
The same would be true of an early election now, unless Truss had tried to implement a policy and been blocked by Parliament from doing so. The voters would see that the election was for her benefit, not theirs, and vote accordingly.
Indeed so. Right now, she will come to office with a 76-seat majority, which would require quite the rebellion to stop her legislation going through. That only happens if three dozen Sunak supporters cross the floor and vote with the Opposition, which would bring back bad memories of 2019.
All of which is quickly going to be irrelevant, as the government will be getting hammered in the polls over energy bills, and won’t want an election until autumn 2024 once the economy is recovering.
- “… comes amid speculation that Truss could be tempted to capitalise on the upswing and call a snap general election.“
I am of the firm conviction that a snap GE is her only chance.
Year of next UK GE:
2022 16/1 2023 5/1 2024 or later 2/7
2022 has got to be worth fifty quid at that preposterously generous price?
Trouble is, if you count back from a mid-December election, like 2019, then Liz Truss will have only six or seven weeks to study the polls, make a decision and call the election. And while Boris is said to favour winter elections, the conventional wisdom is spring.
I think there's also the issue of what the election is for. Johnson spent some time in 2019, with the prorogation and other shenanigans, preparing the ground so that he had a clear purpose for the GE - to Get Brexit Done, to clear the logjam in Parliament.
When May called an early election what was it for? Essentially she asked the electorate for a blank cheque. The purpose was for her benefit, not the electorates.
The same would be true of an early election now, unless Truss had tried to implement a policy and been blocked by Parliament from doing so. The voters would see that the election was for her benefit, not theirs, and vote accordingly.
And if Truss can't get a policy through Parliament with a majority of whatever it is these days, she's a bit rubbish isn't she?
Yes, I can't conceive of anything that she couldn't pass through the Commons, that would also be strongly supported by the public.
She has a majority. She doesn't need a personal mandate. There's a lot that needs doing - why spend six weeks on an election campaign? Get on with it, or get out of the way.
The last five Voting Intention findings for the Scottish Tories (reverse chronological order):
20% 19% 18% 19% 19%
Result last time: 25.1%
In combination with SCon to SLD swingback, the Ross team is in for a spanking if FM Truss goes for a snap GE.
Is there SCon to SLD swingback? The SLD average over the same 5 polls is 8%, down 1.5% on last time. Clearly SCon are struggling but i dont see any SLD revival, there was no signal in the locals for them coming back in the borders or aberdeenshire where Tories have their relative strength? Nor particularly in former strong areas like Argyll?
There was a 2.85% SCon to SLD swing in Aberdeenshire.
Can’t find the figures for D&G or Borders at short notice.
But please note that:
1. SLD almost always outperform their mid-term VI figures. 2. The SLDs have an extraordinarily uneven vote distribution, which all pollsters struggle with 3. A UK GE heavily focussed on the Brexit fiasco will drive many folk back to the SLDs
Yes but the swing was due to the Tory vote falling, not an SLD revival. I don't doubt at all the Tories will struggle at a GE (maybe hold 2 or 3 as it stands) but there really isnt anything to suggest an SLD revival generally, nor versus the STories specifically as we stand. Doesnt mean it won't happen but the yes/no nat/unionist thing will vastly outweigh it
D and G they got 3.3% in the locals (up a touch but negligible support) Borders 9.6% again up a little
All 6 Scottish Tory seats are marginals. Even modest SCon to SLD tactical unwind could unseat the lot. And that’s before you even consider the likelihood of local SLab to SNP tactical voting.
Truss should get a bounce but it is unlikely to be as big as Major, Brown, May or Johnson got. For starters Truss is the continuity Boris candidate. Major was at least somewhat ideologically different from Thatcher as was Brown from Blair and Johnson from May and indeed even May from Cameron so it seemed more of a change in government. In fact the biggest difference between Truss and Boris is she is more of a tax and spending cutter
I guess it's possible (although I sense not) that Truss is doing a Starmer - ie she's telling the members what they want to hear in order to get the leadership but once ensconced will change and become something else entirely.
It's possible - but she is going to have to change an awful lot of what she has promised because what she has promised just isn't possible.
I note that over the weekend she suggested a review of IR35 - I can point to £70bn reasons why that will never get anywhere...
TBF - abolishing IR35 might bring in more tax than keeping it. When it was introduced, the tax take went noticeably down and, IIRC, it has barely "broke even" in nearly 20 years.
I will give you the Treasury argument.
Employment numbers are reducing as more companies move towards using contingency and freelance workers. This is having a significant impact on Employer NI.
And given the amount of money generated by Employer NI we cannot take the risk that that money will erode away. That literally was the argument used for the changes to IR35 in the public sector (2017) and large firms (2021)..
Now I wouldn't have a problem if the discussion was about employment (as employment law and employment tax law is a utter mess that doesn't relate in whole sets of places) but it's not that - it's a story about IR35 because Liz thinks she will get some votes out of it...
The problem is that the IR35 system as it now exists is broken. HMRC were pissed off because they were doing their normal trick of pushing the remit of the legislation way beyond where it should have been and ended up losing large numbers of court cases where they had said contractors should be inside when clearly under their own rules they should have been outside.
As a result they changed the scheme to take responsibility for deciding who should be inside and who outside away from themselves and the contractor and place it on the end user client. With the threat of massive fines for any company that got it wrong.
The result is that almost all large companies are now using blanket decisions to put all contractors inside IR35 even those who should not be. It is safer for them and HMRC love it.
Of course the result is a massive reduction in consultants to the extent now that, in my business, projects are having to be delayed or abandoned because they do not have the skill sets to complete them.
IR35 can be a sensible system. But it needs to be properly managed and operated and HMRC have shown themselves to be incapable to doing that.
- “… comes amid speculation that Truss could be tempted to capitalise on the upswing and call a snap general election.“
I am of the firm conviction that a snap GE is her only chance.
Year of next UK GE:
2022 16/1 2023 5/1 2024 or later 2/7
2022 has got to be worth fifty quid at that preposterously generous price?
Trouble is, if you count back from a mid-December election, like 2019, then Liz Truss will have only six or seven weeks to study the polls, make a decision and call the election. And while Boris is said to favour winter elections, the conventional wisdom is spring.
I think there's also the issue of what the election is for. Johnson spent some time in 2019, with the prorogation and other shenanigans, preparing the ground so that he had a clear purpose for the GE - to Get Brexit Done, to clear the logjam in Parliament.
When May called an early election what was it for? Essentially she asked the electorate for a blank cheque. The purpose was for her benefit, not the electorates.
The same would be true of an early election now, unless Truss had tried to implement a policy and been blocked by Parliament from doing so. The voters would see that the election was for her benefit, not theirs, and vote accordingly.
Indeed so. Right now, she will come to office with a 76-seat majority, which would require quite the rebellion to stop her legislation going through. That only happens if three dozen Sunak supporters cross the floor and vote with the Opposition, which would bring back bad memories of 2019.
All of which is quickly going to be irrelevant, as the government will be getting hammered in the polls over energy bills, and won’t want an election until autumn 2024 once the economy is recovering.
- “… comes amid speculation that Truss could be tempted to capitalise on the upswing and call a snap general election.“
I am of the firm conviction that a snap GE is her only chance.
Year of next UK GE:
2022 16/1 2023 5/1 2024 or later 2/7
2022 has got to be worth fifty quid at that preposterously generous price?
Speculation encouraged by Labour in the hope that like the inexperienced and badly advised Brown she will go along with it and then look like a bottler, or go ahead and actually hold one and lose it.
Yeah, it's pretty transparent, isn't it? No woder people who want Sir Keir in Number Ten ASAP, like Dickson, are ramping it.
- “… comes amid speculation that Truss could be tempted to capitalise on the upswing and call a snap general election.“
I am of the firm conviction that a snap GE is her only chance.
Year of next UK GE:
2022 16/1 2023 5/1 2024 or later 2/7
2022 has got to be worth fifty quid at that preposterously generous price?
Speculation encouraged by Labour in the hope that like the inexperienced and badly advised Brown she will go along with it and then look like a bottler, or go ahead and actually hold one and lose it.
Yeah, it's pretty transparent, isn't it? No woder people who want Sir Keir in Number Ten ASAP, like OGH and Dickson, are ramping it.
'The Northern Ireland Conservatives is a section of the United Kingdom's Conservative Party that operates in Northern Ireland. The party won 0.03% of the vote in the 2022 Northern Ireland Assembly election and 0.7% of the vote in the 2019 United Kingdom General election in Northern Ireland.'
These are worse GE figures than the MRLP where it stands, though the latter is too sensible to try to stand in NI.
- “… comes amid speculation that Truss could be tempted to capitalise on the upswing and call a snap general election.“
I am of the firm conviction that a snap GE is her only chance.
Year of next UK GE:
2022 16/1 2023 5/1 2024 or later 2/7
2022 has got to be worth fifty quid at that preposterously generous price?
Speculation encouraged by Labour in the hope that like the inexperienced and badly advised Brown she will go along with it and then look like a bottler, or go ahead and actually hold one and lose it.
Yeah, it's pretty transparent, isn't it? No woder people who want Sir Keir in Number Ten ASAP, like Dickson, are ramping it.
Yeah, that’s me: ginormous Sir Keir ramper 😄
You can't honestly deny that you want Sir Keir to replace whichever-Tory in Number Ten ASAP, can you?
'The Northern Ireland Conservatives is a section of the United Kingdom's Conservative Party that operates in Northern Ireland. The party won 0.03% of the vote in the 2022 Northern Ireland Assembly election and 0.7% of the vote in the 2019 United Kingdom General election in Northern Ireland.'
These are worse GE figures than the MRLP where it stands, though the latter is too sensible to try to stand in NI.
There are several MRLPs in N Ireland. The John Looney variant would just be one among the crowd.
"We have a zombie government and that's the root of the problem."
Sir Keir Starmer says energy bills will 'go through the roof unless action is taken', as Labour call for a price freeze paid for by a windfall tax on oil and gas companies.
"The luxury sector, consumer electronics and fashion have all had issues with Brexit."
Fascinating research - especially on Asian markets pivoting towards the EU for luxury goods. Ironically, the exact opposite effect to what Brexit promised. ~AA
The last five Voting Intention findings for the Scottish Tories (reverse chronological order):
20% 19% 18% 19% 19%
Result last time: 25.1%
In combination with SCon to SLD swingback, the Ross team is in for a spanking if FM Truss goes for a snap GE.
Is there SCon to SLD swingback? The SLD average over the same 5 polls is 8%, down 1.5% on last time. Clearly SCon are struggling but i dont see any SLD revival, there was no signal in the locals for them coming back in the borders or aberdeenshire where Tories have their relative strength? Nor particularly in former strong areas like Argyll?
There was a 2.85% SCon to SLD swing in Aberdeenshire.
Can’t find the figures for D&G or Borders at short notice.
But please note that:
1. SLD almost always outperform their mid-term VI figures. 2. The SLDs have an extraordinarily uneven vote distribution, which all pollsters struggle with 3. A UK GE heavily focussed on the Brexit fiasco will drive many folk back to the SLDs
Yes but the swing was due to the Tory vote falling, not an SLD revival. I don't doubt at all the Tories will struggle at a GE (maybe hold 2 or 3 as it stands) but there really isnt anything to suggest an SLD revival generally, nor versus the STories specifically as we stand. Doesnt mean it won't happen but the yes/no nat/unionist thing will vastly outweigh it
D and G they got 3.3% in the locals (up a touch but negligible support) Borders 9.6% again up a little
All 6 Scottish Tory seats are marginals. Even modest SCon to SLD tactical unwind could unseat the lot. And that’s before you even consider the likelihood of local SLab to SNP tactical voting.
They'll struggle, yes. But i dont think SCon to SLD unwind will be much more than a very minor factor, its possible it tips the scales in a really tight West Aberdeenshire or Berwickshire result. Lab SNP tacticals, yep, much more of a factor in the rest
Truss should get a bounce but it is unlikely to be as big as Major, Brown, May or Johnson got. For starters Truss is the continuity Boris candidate. Major was at least somewhat ideologically different from Thatcher as was Brown from Blair and Johnson from May and indeed even May from Cameron so it seemed more of a change in government. In fact the biggest difference between Truss and Boris is she is more of a tax and spending cutter
I guess it's possible (although I sense not) that Truss is doing a Starmer - ie she's telling the members what they want to hear in order to get the leadership but once ensconced will change and become something else entirely.
It's possible - but she is going to have to change an awful lot of what she has promised because what she has promised just isn't possible.
I note that over the weekend she suggested a review of IR35 - I can point to £70bn reasons why that will never get anywhere...
TBF - abolishing IR35 might bring in more tax than keeping it. When it was introduced, the tax take went noticeably down and, IIRC, it has barely "broke even" in nearly 20 years.
I will give you the Treasury argument.
Employment numbers are reducing as more companies move towards using contingency and freelance workers. This is having a significant impact on Employer NI.
And given the amount of money generated by Employer NI we cannot take the risk that that money will erode away. That literally was the argument used for the changes to IR35 in the public sector (2017) and large firms (2021)..
Now I wouldn't have a problem if the discussion was about employment (as employment law and employment tax law is a utter mess that doesn't relate in whole sets of places) but it's not that - it's a story about IR35 because Liz thinks she will get some votes out of it...
The problem is that the IR35 system as it now exists is broken. HMRC were pissed off because they were doing their normal trick of pushing the remit of the legislation way beyond where it should have been and ended up losing large numbers of court cases where they had said contractors should be inside when clearly under their own rules they should have been outside.
As a result they changed the scheme to take responsibility for deciding who should be inside and who outside away from themselves and the contractor and place it on the end user client. With the threat of massive fines for any company that got it wrong.
The result is that almost all large companies are now using blanket decisions to put all contractors inside IR35 even those who should not be. It is safer for them and HMRC love it.
Of course the result is a massive reduction in consultants to the extent now that, in my business, projects are having to be delayed or abandoned because they do not have the skill sets to complete them.
IR35 can be a sensible system. But it needs to be properly managed and operated and HMRC have shown themselves to be incapable to doing that.
The problem is that IR35 is lipstick on a pig. The problem comes from NI and a sensible long-term solution to abolish it would be better.
- “… comes amid speculation that Truss could be tempted to capitalise on the upswing and call a snap general election.“
I am of the firm conviction that a snap GE is her only chance.
Year of next UK GE:
2022 16/1 2023 5/1 2024 or later 2/7
2022 has got to be worth fifty quid at that preposterously generous price?
Speculation encouraged by Labour in the hope that like the inexperienced and badly advised Brown she will go along with it and then look like a bottler, or go ahead and actually hold one and lose it.
Yeah, it's pretty transparent, isn't it? No woder people who want Sir Keir in Number Ten ASAP, like Dickson, are ramping it.
Yeah, that’s me: ginormous Sir Keir ramper 😄
You can't honestly deny that you want Sir Keir to replace whichever-Tory in Number Ten ASAP, can you?
- “… comes amid speculation that Truss could be tempted to capitalise on the upswing and call a snap general election.“
I am of the firm conviction that a snap GE is her only chance.
Year of next UK GE:
2022 16/1 2023 5/1 2024 or later 2/7
2022 has got to be worth fifty quid at that preposterously generous price?
Speculation encouraged by Labour in the hope that like the inexperienced and badly advised Brown she will go along with it and then look like a bottler, or go ahead and actually hold one and lose it.
Yeah, it's pretty transparent, isn't it? No woder people who want Sir Keir in Number Ten ASAP, like Dickson, are ramping it.
Yeah, that’s me: ginormous Sir Keir ramper 😄
You can't honestly deny that you want Sir Keir to replace whichever-Tory in Number Ten ASAP, can you?
I do most vigorously deny it.
Red Tories. Blue Tories. Same stench.
Then you need to look at yourself, because it's clear from your posts that you really believe otherwise.
Truss should get a bounce but it is unlikely to be as big as Major, Brown, May or Johnson got. For starters Truss is the continuity Boris candidate. Major was at least somewhat ideologically different from Thatcher as was Brown from Blair and Johnson from May and indeed even May from Cameron so it seemed more of a change in government. In fact the biggest difference between Truss and Boris is she is more of a tax and spending cutter
I guess it's possible (although I sense not) that Truss is doing a Starmer - ie she's telling the members what they want to hear in order to get the leadership but once ensconced will change and become something else entirely.
It's possible - but she is going to have to change an awful lot of what she has promised because what she has promised just isn't possible.
I note that over the weekend she suggested a review of IR35 - I can point to £70bn reasons why that will never get anywhere...
TBF - abolishing IR35 might bring in more tax than keeping it. When it was introduced, the tax take went noticeably down and, IIRC, it has barely "broke even" in nearly 20 years.
I will give you the Treasury argument.
Employment numbers are reducing as more companies move towards using contingency and freelance workers. This is having a significant impact on Employer NI.
And given the amount of money generated by Employer NI we cannot take the risk that that money will erode away. That literally was the argument used for the changes to IR35 in the public sector (2017) and large firms (2021)..
Now I wouldn't have a problem if the discussion was about employment (as employment law and employment tax law is a utter mess that doesn't relate in whole sets of places) but it's not that - it's a story about IR35 because Liz thinks she will get some votes out of it...
The problem is that the IR35 system as it now exists is broken. HMRC were pissed off because they were doing their normal trick of pushing the remit of the legislation way beyond where it should have been and ended up losing large numbers of court cases where they had said contractors should be inside when clearly under their own rules they should have been outside.
As a result they changed the scheme to take responsibility for deciding who should be inside and who outside away from themselves and the contractor and place it on the end user client. With the threat of massive fines for any company that got it wrong.
The result is that almost all large companies are now using blanket decisions to put all contractors inside IR35 even those who should not be. It is safer for them and HMRC love it.
Of course the result is a massive reduction in consultants to the extent now that, in my business, projects are having to be delayed or abandoned because they do not have the skill sets to complete them.
IR35 can be a sensible system. But it needs to be properly managed and operated and HMRC have shown themselves to be incapable to doing that.
Can't fault that - and the killer bit isn't even the tax, it's the fact that you can't claim expenses which suddenly makes the contract in London / Aberdeen completely uneconomic.
Now I've had a standard solution for years regarding this because we need a means of separating highly skilled freelancers from general abuse of low paid workers. And the solution really isn't that difficult (although it's a political mare) - where the day rate is over £x an hour (where £x is approximately £40-50 an hour) the worker can be self employed / work through a limited company outside IR35. Below that it should be PAYE..... I suggested it as part of the expenses consultation back in 2015 when this end game became obvious but you can see why it's politically an issue...
- “… comes amid speculation that Truss could be tempted to capitalise on the upswing and call a snap general election.“
I am of the firm conviction that a snap GE is her only chance.
Year of next UK GE:
2022 16/1 2023 5/1 2024 or later 2/7
2022 has got to be worth fifty quid at that preposterously generous price?
Speculation encouraged by Labour in the hope that like the inexperienced and badly advised Brown she will go along with it and then look like a bottler, or go ahead and actually hold one and lose it.
Yeah, it's pretty transparent, isn't it? No woder people who want Sir Keir in Number Ten ASAP, like Dickson, are ramping it.
Yeah, that’s me: ginormous Sir Keir ramper 😄
You can't honestly deny that you want Sir Keir to replace whichever-Tory in Number Ten ASAP, can you?
I do most vigorously deny it.
Red Tories. Blue Tories. Same stench.
Then you need to look at yourself, because it's clear from your posts that you really believe otherwise.
You’ve clearly missed my popular “Keir Starmer is a dud” series. I like to keep my range refreshed.
Truss should get a bounce but it is unlikely to be as big as Major, Brown, May or Johnson got. For starters Truss is the continuity Boris candidate. Major was at least somewhat ideologically different from Thatcher as was Brown from Blair and Johnson from May and indeed even May from Cameron so it seemed more of a change in government. In fact the biggest difference between Truss and Boris is she is more of a tax and spending cutter
I guess it's possible (although I sense not) that Truss is doing a Starmer - ie she's telling the members what they want to hear in order to get the leadership but once ensconced will change and become something else entirely.
It's possible - but she is going to have to change an awful lot of what she has promised because what she has promised just isn't possible.
I note that over the weekend she suggested a review of IR35 - I can point to £70bn reasons why that will never get anywhere...
TBF - abolishing IR35 might bring in more tax than keeping it. When it was introduced, the tax take went noticeably down and, IIRC, it has barely "broke even" in nearly 20 years.
I will give you the Treasury argument.
Employment numbers are reducing as more companies move towards using contingency and freelance workers. This is having a significant impact on Employer NI.
And given the amount of money generated by Employer NI we cannot take the risk that that money will erode away. That literally was the argument used for the changes to IR35 in the public sector (2017) and large firms (2021)..
Now I wouldn't have a problem if the discussion was about employment (as employment law and employment tax law is a utter mess that doesn't relate in whole sets of places) but it's not that - it's a story about IR35 because Liz thinks she will get some votes out of it...
The problem is that the IR35 system as it now exists is broken. HMRC were pissed off because they were doing their normal trick of pushing the remit of the legislation way beyond where it should have been and ended up losing large numbers of court cases where they had said contractors should be inside when clearly under their own rules they should have been outside.
As a result they changed the scheme to take responsibility for deciding who should be inside and who outside away from themselves and the contractor and place it on the end user client. With the threat of massive fines for any company that got it wrong.
The result is that almost all large companies are now using blanket decisions to put all contractors inside IR35 even those who should not be. It is safer for them and HMRC love it.
Of course the result is a massive reduction in consultants to the extent now that, in my business, projects are having to be delayed or abandoned because they do not have the skill sets to complete them.
IR35 can be a sensible system. But it needs to be properly managed and operated and HMRC have shown themselves to be incapable to doing that.
The problem is that IR35 is lipstick on a pig. The problem comes from NI and a sensible long-term solution to abolish it would be better.
Too much money in it and no chance that removing it would result in workers receiving big enough pay increases to ensure they aren't worse off.
Truss should get a bounce but it is unlikely to be as big as Major, Brown, May or Johnson got. For starters Truss is the continuity Boris candidate. Major was at least somewhat ideologically different from Thatcher as was Brown from Blair and Johnson from May and indeed even May from Cameron so it seemed more of a change in government. In fact the biggest difference between Truss and Boris is she is more of a tax and spending cutter
I guess it's possible (although I sense not) that Truss is doing a Starmer - ie she's telling the members what they want to hear in order to get the leadership but once ensconced will change and become something else entirely.
It's possible - but she is going to have to change an awful lot of what she has promised because what she has promised just isn't possible.
I note that over the weekend she suggested a review of IR35 - I can point to £70bn reasons why that will never get anywhere...
TBF - abolishing IR35 might bring in more tax than keeping it. When it was introduced, the tax take went noticeably down and, IIRC, it has barely "broke even" in nearly 20 years.
I will give you the Treasury argument.
Employment numbers are reducing as more companies move towards using contingency and freelance workers. This is having a significant impact on Employer NI.
And given the amount of money generated by Employer NI we cannot take the risk that that money will erode away. That literally was the argument used for the changes to IR35 in the public sector (2017) and large firms (2021)..
Now I wouldn't have a problem if the discussion was about employment (as employment law and employment tax law is a utter mess that doesn't relate in whole sets of places) but it's not that - it's a story about IR35 because Liz thinks she will get some votes out of it...
The problem is that the IR35 system as it now exists is broken. HMRC were pissed off because they were doing their normal trick of pushing the remit of the legislation way beyond where it should have been and ended up losing large numbers of court cases where they had said contractors should be inside when clearly under their own rules they should have been outside.
As a result they changed the scheme to take responsibility for deciding who should be inside and who outside away from themselves and the contractor and place it on the end user client. With the threat of massive fines for any company that got it wrong.
The result is that almost all large companies are now using blanket decisions to put all contractors inside IR35 even those who should not be. It is safer for them and HMRC love it.
Of course the result is a massive reduction in consultants to the extent now that, in my business, projects are having to be delayed or abandoned because they do not have the skill sets to complete them.
IR35 can be a sensible system. But it needs to be properly managed and operated and HMRC have shown themselves to be incapable to doing that.
The problem is that IR35 is lipstick on a pig. The problem comes from NI and a sensible long-term solution to abolish it would be better.
Employer NI is quite literally a tax on jobs, and that remains true whether it was Gordon Brown or Rishi Sunak raising it. In an ideal world, you’d reduce it by 1% per year, and replace the revenue over time with corporation tax. No way that gets past the Treasury mandarins though, especially not at a time of full employment.
Truss should get a bounce but it is unlikely to be as big as Major, Brown, May or Johnson got. For starters Truss is the continuity Boris candidate. Major was at least somewhat ideologically different from Thatcher as was Brown from Blair and Johnson from May and indeed even May from Cameron so it seemed more of a change in government. In fact the biggest difference between Truss and Boris is she is more of a tax and spending cutter
I guess it's possible (although I sense not) that Truss is doing a Starmer - ie she's telling the members what they want to hear in order to get the leadership but once ensconced will change and become something else entirely.
It's possible - but she is going to have to change an awful lot of what she has promised because what she has promised just isn't possible.
I note that over the weekend she suggested a review of IR35 - I can point to £70bn reasons why that will never get anywhere...
TBF - abolishing IR35 might bring in more tax than keeping it. When it was introduced, the tax take went noticeably down and, IIRC, it has barely "broke even" in nearly 20 years.
I will give you the Treasury argument.
Employment numbers are reducing as more companies move towards using contingency and freelance workers. This is having a significant impact on Employer NI.
And given the amount of money generated by Employer NI we cannot take the risk that that money will erode away. That literally was the argument used for the changes to IR35 in the public sector (2017) and large firms (2021)..
Now I wouldn't have a problem if the discussion was about employment (as employment law and employment tax law is a utter mess that doesn't relate in whole sets of places) but it's not that - it's a story about IR35 because Liz thinks she will get some votes out of it...
The problem is that the IR35 system as it now exists is broken. HMRC were pissed off because they were doing their normal trick of pushing the remit of the legislation way beyond where it should have been and ended up losing large numbers of court cases where they had said contractors should be inside when clearly under their own rules they should have been outside.
As a result they changed the scheme to take responsibility for deciding who should be inside and who outside away from themselves and the contractor and place it on the end user client. With the threat of massive fines for any company that got it wrong.
The result is that almost all large companies are now using blanket decisions to put all contractors inside IR35 even those who should not be. It is safer for them and HMRC love it.
Of course the result is a massive reduction in consultants to the extent now that, in my business, projects are having to be delayed or abandoned because they do not have the skill sets to complete them.
IR35 can be a sensible system. But it needs to be properly managed and operated and HMRC have shown themselves to be incapable to doing that.
The problem is that IR35 is lipstick on a pig. The problem comes from NI and a sensible long-term solution to abolish it would be better.
Exactly. If there wasn't such a huge difference in the tax treatment then it wouldn't matter.
Truss should get a bounce but it is unlikely to be as big as Major, Brown, May or Johnson got. For starters Truss is the continuity Boris candidate. Major was at least somewhat ideologically different from Thatcher as was Brown from Blair and Johnson from May and indeed even May from Cameron so it seemed more of a change in government. In fact the biggest difference between Truss and Boris is she is more of a tax and spending cutter
I guess it's possible (although I sense not) that Truss is doing a Starmer - ie she's telling the members what they want to hear in order to get the leadership but once ensconced will change and become something else entirely.
It's possible - but she is going to have to change an awful lot of what she has promised because what she has promised just isn't possible.
I note that over the weekend she suggested a review of IR35 - I can point to £70bn reasons why that will never get anywhere...
TBF - abolishing IR35 might bring in more tax than keeping it. When it was introduced, the tax take went noticeably down and, IIRC, it has barely "broke even" in nearly 20 years.
I will give you the Treasury argument.
Employment numbers are reducing as more companies move towards using contingency and freelance workers. This is having a significant impact on Employer NI.
And given the amount of money generated by Employer NI we cannot take the risk that that money will erode away. That literally was the argument used for the changes to IR35 in the public sector (2017) and large firms (2021)..
Now I wouldn't have a problem if the discussion was about employment (as employment law and employment tax law is a utter mess that doesn't relate in whole sets of places) but it's not that - it's a story about IR35 because Liz thinks she will get some votes out of it...
The problem is that the IR35 system as it now exists is broken. HMRC were pissed off because they were doing their normal trick of pushing the remit of the legislation way beyond where it should have been and ended up losing large numbers of court cases where they had said contractors should be inside when clearly under their own rules they should have been outside.
As a result they changed the scheme to take responsibility for deciding who should be inside and who outside away from themselves and the contractor and place it on the end user client. With the threat of massive fines for any company that got it wrong.
The result is that almost all large companies are now using blanket decisions to put all contractors inside IR35 even those who should not be. It is safer for them and HMRC love it.
Of course the result is a massive reduction in consultants to the extent now that, in my business, projects are having to be delayed or abandoned because they do not have the skill sets to complete them.
IR35 can be a sensible system. But it needs to be properly managed and operated and HMRC have shown themselves to be incapable to doing that.
The problem is that IR35 is lipstick on a pig. The problem comes from NI and a sensible long-term solution to abolish it would be better.
Agreed. Combine NI and Income tax. The argument about NI being for a different purpose is rubbish. Tax income of all forms it is a big pot of Government money and it cannot be beyond the wit of Government to sort out a system of dividing it up accordingly without having to differentiate at source.
Truss should get a bounce but it is unlikely to be as big as Major, Brown, May or Johnson got. For starters Truss is the continuity Boris candidate. Major was at least somewhat ideologically different from Thatcher as was Brown from Blair and Johnson from May and indeed even May from Cameron so it seemed more of a change in government. In fact the biggest difference between Truss and Boris is she is more of a tax and spending cutter
I guess it's possible (although I sense not) that Truss is doing a Starmer - ie she's telling the members what they want to hear in order to get the leadership but once ensconced will change and become something else entirely.
It's possible - but she is going to have to change an awful lot of what she has promised because what she has promised just isn't possible.
I note that over the weekend she suggested a review of IR35 - I can point to £70bn reasons why that will never get anywhere...
TBF - abolishing IR35 might bring in more tax than keeping it. When it was introduced, the tax take went noticeably down and, IIRC, it has barely "broke even" in nearly 20 years.
I will give you the Treasury argument.
Employment numbers are reducing as more companies move towards using contingency and freelance workers. This is having a significant impact on Employer NI.
And given the amount of money generated by Employer NI we cannot take the risk that that money will erode away. That literally was the argument used for the changes to IR35 in the public sector (2017) and large firms (2021)..
Now I wouldn't have a problem if the discussion was about employment (as employment law and employment tax law is a utter mess that doesn't relate in whole sets of places) but it's not that - it's a story about IR35 because Liz thinks she will get some votes out of it...
The problem is that the IR35 system as it now exists is broken. HMRC were pissed off because they were doing their normal trick of pushing the remit of the legislation way beyond where it should have been and ended up losing large numbers of court cases where they had said contractors should be inside when clearly under their own rules they should have been outside.
As a result they changed the scheme to take responsibility for deciding who should be inside and who outside away from themselves and the contractor and place it on the end user client. With the threat of massive fines for any company that got it wrong.
The result is that almost all large companies are now using blanket decisions to put all contractors inside IR35 even those who should not be. It is safer for them and HMRC love it.
Of course the result is a massive reduction in consultants to the extent now that, in my business, projects are having to be delayed or abandoned because they do not have the skill sets to complete them.
IR35 can be a sensible system. But it needs to be properly managed and operated and HMRC have shown themselves to be incapable to doing that.
The problem is that IR35 is lipstick on a pig. The problem comes from NI and a sensible long-term solution to abolish it would be better.
Too much money in it and no chance that removing it would result in workers receiving big enough pay increases to ensure they aren't worse off.
That's why I said a long-term solution. It ought to be phased out over time.
Sunak and Brown have done the opposite though, making the problem worse.
'The Northern Ireland Conservatives is a section of the United Kingdom's Conservative Party that operates in Northern Ireland. The party won 0.03% of the vote in the 2022 Northern Ireland Assembly election and 0.7% of the vote in the 2019 United Kingdom General election in Northern Ireland.'
These are worse GE figures than the MRLP where it stands, though the latter is too sensible to try to stand in NI.
It is a great thing the Conservatives stand in Northern Ireland, reduces sectarianism and ensures they get more of the choice the rest of the UK does.
A pity Labour and the LDs don't stand but just give their sister parties the SDLP and Alliance a free run in the province (although the Conservatives did stand on a joint ticket with their sister party the UUP in 2010 getting 15% of the vote)
Here's a thought to ponder. Had it not been for Brexit and a perceived crumbling of the old European order, would Putin have had the brass neck to invade Ukraine? Remember the hilarity which greeted Cameron's speech about peace in Europe and the EU? Doesn't seem quite so funny now.
Here's a thought to ponder. Had it not been for Brexit and a perceived crumbling of the old European order, would Putin have had the brass neck to invade Ukraine? Remember the hilarity which greeted Cameron's speech about peace in Europe and the EU? Doesn't seem quite so funny now.
Putin invaded Ukraine in 2014.
I know you're stupid, but I didn't think you were that stupid.
Truss should get a bounce but it is unlikely to be as big as Major, Brown, May or Johnson got. For starters Truss is the continuity Boris candidate. Major was at least somewhat ideologically different from Thatcher as was Brown from Blair and Johnson from May and indeed even May from Cameron so it seemed more of a change in government. In fact the biggest difference between Truss and Boris is she is more of a tax and spending cutter
I guess it's possible (although I sense not) that Truss is doing a Starmer - ie she's telling the members what they want to hear in order to get the leadership but once ensconced will change and become something else entirely.
It's possible - but she is going to have to change an awful lot of what she has promised because what she has promised just isn't possible.
I note that over the weekend she suggested a review of IR35 - I can point to £70bn reasons why that will never get anywhere...
TBF - abolishing IR35 might bring in more tax than keeping it. When it was introduced, the tax take went noticeably down and, IIRC, it has barely "broke even" in nearly 20 years.
I will give you the Treasury argument.
Employment numbers are reducing as more companies move towards using contingency and freelance workers. This is having a significant impact on Employer NI.
And given the amount of money generated by Employer NI we cannot take the risk that that money will erode away. That literally was the argument used for the changes to IR35 in the public sector (2017) and large firms (2021)..
Now I wouldn't have a problem if the discussion was about employment (as employment law and employment tax law is a utter mess that doesn't relate in whole sets of places) but it's not that - it's a story about IR35 because Liz thinks she will get some votes out of it...
The problem is that the IR35 system as it now exists is broken. HMRC were pissed off because they were doing their normal trick of pushing the remit of the legislation way beyond where it should have been and ended up losing large numbers of court cases where they had said contractors should be inside when clearly under their own rules they should have been outside.
As a result they changed the scheme to take responsibility for deciding who should be inside and who outside away from themselves and the contractor and place it on the end user client. With the threat of massive fines for any company that got it wrong.
The result is that almost all large companies are now using blanket decisions to put all contractors inside IR35 even those who should not be. It is safer for them and HMRC love it.
Of course the result is a massive reduction in consultants to the extent now that, in my business, projects are having to be delayed or abandoned because they do not have the skill sets to complete them.
IR35 can be a sensible system. But it needs to be properly managed and operated and HMRC have shown themselves to be incapable to doing that.
The problem is that IR35 is lipstick on a pig. The problem comes from NI and a sensible long-term solution to abolish it would be better.
Too much money in it and no chance that removing it would result in workers receiving big enough pay increases to ensure they aren't worse off.
Just merge it with Income tax. Make the whole system more honest and transparent. Also means it removes the idiocy of people past pension age not paying it if they carry on working.
'The Northern Ireland Conservatives is a section of the United Kingdom's Conservative Party that operates in Northern Ireland. The party won 0.03% of the vote in the 2022 Northern Ireland Assembly election and 0.7% of the vote in the 2019 United Kingdom General election in Northern Ireland.'
These are worse GE figures than the MRLP where it stands, though the latter is too sensible to try to stand in NI.
It is a great thing the Conservatives stand in Northern Ireland, reduces sectarianism and ensures they get more of the choice the rest of the UK does.
A pity Labour and the LDs don't stand but just give their sister parties the SDLP and Alliance a free run in the province (although the Conservatives did stand on a joint ticket with their sister party the UUP in 2010 getting 15% of the vote)
Comments
ETA When did she jump ship to the Guardian? I'm surprised it could outbid the Mirror.
The fact this 'leaked' means its expectations management. Therefore labour i suspect think the bounce will be much smaller or none at all so they can say 'she's slready holed below the waterline'
1.08 Liz Truss 93%
13.5 Rishi Sunak 7%
Next Conservative leader
1.07 Liz Truss 93%
13.5 Rishi Sunak 7%
I am of the firm conviction that a snap GE is her only chance.
Year of next UK GE:
2022 16/1
2023 5/1
2024 or later 2/7
2022 has got to be worth fifty quid at that preposterously generous price?
The current average is L41 C31, so it needs a five point bounce for proper crossover, though the odd Conservative lead would happen on a smaller bounce. If Truss can't manage that, she's stuffed.
Meanwhile, I don't entirely trust the recent widening of the gap- the line takes a while to settle down. But it would be amusing if the nature and length of the campaign means that the Truss bounce dissipates before she even takes office.
(The GE is in three weeks.)
https://www.tv4.se/artikel/bGDORHwMftpgyHYgwdvgN/vaeskfynd-innehoell-skarpladdad-bomb
Wasn't she also interviewed for the BBC Political Editor job? That always seemed like a non-starter.
20%
19%
18%
19%
19%
Result last time: 25.1%
In combination with SCon to SLD swingback, the Ross team is in for a spanking if FM Truss goes for a snap GE.
I note that over the weekend she suggested a review of IR35 - I can point to £70bn reasons why that will never get anywhere...
If she flips to the LD/Lab policy then she may get enough of a bounce fro some Tory leads.
But the October energy price cap is announced this Friday, so there's not much time.
Heck we still get discussions going on about Roman conflicts.
Firstly - Labour would say that wouldn’t they “temporary Tory poll leads from new leader bounce, we told you that would happen, nothing to explain here BJO.” Exactly the sort of preemptive chaff we all would push out there?
Secondly, it’s an old Guardian story now, since this came out last week the polls have moved. The “swing back built in” Opinium was incredible, it’s nearly back to double digit lead before swing back built in. Something is suddenly going on that makes a new leader bounce this time unlikely to close the gap. The voters have listened to the Tory’s and made their minds up on next general election now, giving Boris replacement the poll plunge not the bounce? The week the polls put the writing up on the wall? How about No Tory poll lead till 2025 as an interesting betting tip?
Yes Tory lead soon based on history. Yes but no because history never had Bubble from AbFab, going to the palace to touch hands.
To paraphrase Alex Ferguson - this last decade of British politics, bloody hell.
If she does not call a snap election then I think she and the current "Conservatives" are doomed. On the plus side, they can spend electoral oblivion purging all the Kippers and returning to sane politics.
What the heck were the Tories doing in Belfast anyway? They have no mandate in N Ireland, they never stand for election there.
Employment numbers are reducing as more companies move towards using contingency and freelance workers.
This is having a significant impact on Employer NI.
And given the amount of money generated by Employer NI we cannot take the risk that that money will erode away. That literally was the argument used for the changes to IR35 in the public sector (2017) and large firms (2021)..
Now I wouldn't have a problem if the discussion was about employment (as employment law and employment tax law is a utter mess that doesn't relate in whole sets of places) but it's not that - it's a story about IR35 because Liz thinks she will get some votes out of it...
Truss has the big advantage that she doesn’t give a shit about Scotland.
Surely for Brexit to be done, all those remainers in the Blue Wall will have to vote Tory again, as key measurements of it being fully done and dusted?
Or send the issue to a cheaper prep school.
Clearly SCon are struggling but i dont see any SLD revival, there was no signal in the locals for them coming back in the borders or aberdeenshire where Tories have their relative strength? Nor particularly in former strong areas like Argyll?
"For the final time. It's not an unwritten constitution. It's uncodified. It does not "evolve", it is changed by consent, and, even if it did, that does not mean making shit up as you go along. The Cabinet Manual beats a BBC report. Just admit it when you're wrong. It's not hard for most of us."
It's a shame you can't admit you're wrong. The Cabinet Manual absolutely recognises the principle of a caretaker government, of which we presently have one, furthermore it absolutely and explicitly recognises the principle that conventions play in our constitution. Conventions can and do evolve over time. The Cabinet Manual even explicitly recognises conventions in its own full title.
Whether the role of a caretaker Prime Minister existed in 1909 or 1783 or any other year is moot, the principle that it exists has long been recognised as a convention and even if it didn't formerly exist it has been formally recognised by the Cabinet in 2022 when they declared that Boris Johnson was only staying on as a caretaker Prime Minister. Their decision being the next logical step in the evolution of the role that had already been recognised.
It significantly exceeds The Oaf’s six or seven seconds.
The Ukranian attacks on Crimea last week, where many middle-class Russians were on holiday, is waking the average Russian up to what’s actually been going on for the past six months.
There was a call yesterday between Johnson, Biden, Macron and Sholz, who noted Russian escalations in fighting around the Zaporizhzhia nuclear plant. I really, really hope that Putin - or at least someone in the inner circle at the Kremlin - has thought through what the Western reaction would be to the war going nuclear.
The Conservatives won't be able to win by going down the Republican rabbithole; that only works with massive gerrymandering, so we're safe for now. But they will give it a damn good try (unless she blows up, I'd have thought Badenoch is a shoe-in to be LotO 2024-9 before going down to a hefty defeat.)
A bit like mammals 70 million years ago, the next-but-one Conservative PM is scuttling around largely unnoticed.
The UK cheats by counting pension payments (including mine) toward defence spending.
In the Woodward books, the veracity of which have never been challenged, Trump comes across as absolutely obsessed with eliminating US defence commitements abroad. He was only prevented from withdrawing 30,000 troops from South Korea by Gary Cohn taking the paperwork off his desk before he could sign it.
In his next term when he goes full "Dark MAGA" there are going to be far fewer constraints on his caprice.
You post a lot of balanced sense Stew. How to explain the graffs sudden change in directory? Wooly did straight away. Labour came up with a Cap Freeze - the voters loved it, even Tory ones by huge margin - Team Truss said no, tax cuts instead.
As Times report today the Blukip Tory Party would vote Boris as their leader rather than one of this fresh leadership elections candidates, this the truth proving this blukip electorate could not make a decision based on any polling or political sense or sanity
But it’s not just “sod the poor 2/3rds of the country, we want tax cuts”, because there are far too many reason why replacing Boris with Truss is most damaging move for the Tory party itself - what first leaps out, Truss and Kwarteng have no communication skills whatsoever. They are wooden, unlikable, a bit weird. Even if they chose not to anger the electorate and instead adopt the electorates preferred “cap freeze”, they still wouldn’t get a bounce, as they can’t sell policies, popular or unpopular. They are the sort of people who would say Good Morning to you and it would grate, wind you up. The Tory members are daft to ignore it will be prime minister and chancellor without persuasion skills, without the ability to gain trust and followers, and more importantly deflect blame for things. Kwarteng has already acknowledged public spending cuts would be required if tax cuts were implemented, but refuse to say what cuts, there you go, voters won’t stand that game for very long, as the crashing polls show. And you know how voters will quickly tire of their Prime Ministers weekly gaffs, not just hate her policies.
So PM Truss, how could this happen? If Raab hadn’t buggered up Afghan crisis, Truss wouldn’t have been overpromoted to Foreign Secretary. It’s pure Chancey Gardner all this. Or that moment in I, Claudius when the Imperial Guard realise no emperor no imperial guard with extra benefits, so they pull Claudius out from under the table and put him on the throne, so the Brexit Guard can carry on lording it.
Sorry, did I mention Brexit?
When May called an early election what was it for? Essentially she asked the electorate for a blank cheque. The purpose was for her benefit, not the electorates.
The same would be true of an early election now, unless Truss had tried to implement a policy and been blocked by Parliament from doing so. The voters would see that the election was for her benefit, not theirs, and vote accordingly.
Brexit, on the other hand......
3.95 on there right now.
https://en.m.wikipedia.org/wiki/2022_Aberdeenshire_Council_election
Can’t find the figures for D&G or Borders at short notice.
But please note that:
1. SLD almost always outperform their mid-term VI figures.
2. The SLDs have an extraordinarily uneven vote distribution, which all pollsters struggle with
3. A UK GE heavily focussed on the Brexit fiasco will drive many folk back to the SLDs
D and G they got 3.3% in the locals (up a touch but negligible support)
Borders 9.6% again up a little
At the moment, about as likely as his first jail term.
All of which is quickly going to be irrelevant, as the government will be getting hammered in the polls over energy bills, and won’t want an election until autumn 2024 once the economy is recovering.
She has a majority. She doesn't need a personal mandate. There's a lot that needs doing - why spend six weeks on an election campaign? Get on with it, or get out of the way.
As a result they changed the scheme to take responsibility for deciding who should be inside and who outside away from themselves and the contractor and place it on the end user client. With the threat of massive fines for any company that got it wrong.
The result is that almost all large companies are now using blanket decisions to put all contractors inside IR35 even those who should not be. It is safer for them and HMRC love it.
Of course the result is a massive reduction in consultants to the extent now that, in my business, projects are having to be delayed or abandoned because they do not have the skill sets to complete them.
IR35 can be a sensible system. But it needs to be properly managed and operated and HMRC have shown themselves to be incapable to doing that.
2034 yes.
2024 no way.
Don't blame you, though:
'The Northern Ireland Conservatives is a section of the United Kingdom's Conservative Party that operates in Northern Ireland. The party won 0.03% of the vote in the 2022 Northern Ireland Assembly election and 0.7% of the vote in the 2019 United Kingdom General election in Northern Ireland.'
These are worse GE figures than the MRLP where it stands, though the latter is too sensible to try to stand in NI.
Sir Keir Starmer says energy bills will 'go through the roof unless action is taken', as Labour call for a price freeze paid for by a windfall tax on oil and gas companies.
https://trib.al/Rx0iR33
📺 Sky 501 https://twitter.com/SkyNews/status/1561655797448380424/video/1
Brexit is done"The luxury sector, consumer electronics and fashion have all had issues with Brexit."
Fascinating research - especially on Asian markets pivoting towards the EU for luxury goods. Ironically, the exact opposite effect to what Brexit promised. ~AA
https://internetretailing.net/growth-2000/editorial-just-what-is-the-impact-of-brexit-on-uk-retailers/
Lab SNP tacticals, yep, much more of a factor in the rest
Red Tories.
Blue Tories.
Same stench.
https://twitter.com/financialtimes/status/1561649524996804609?s=21&t=Cq5yQQSPcWZ7RcU4_z4fxw
Now I've had a standard solution for years regarding this because we need a means of separating highly skilled freelancers from general abuse of low paid workers. And the solution really isn't that difficult (although it's a political mare) - where the day rate is over £x an hour (where £x is approximately £40-50 an hour) the worker can be self employed / work through a limited company outside IR35. Below that it should be PAYE..... I suggested it as part of the expenses consultation back in 2015 when this end game became obvious but you can see why it's politically an issue...
CPI 18.6%
RPI 21%
If they weren’t such a bunch of unmitigated shits, one would almost feel sorry for Tories.
Sunak and Brown have done the opposite though, making the problem worse.
A pity Labour and the LDs don't stand but just give their sister parties the SDLP and Alliance a free run in the province (although the Conservatives did stand on a joint ticket with their sister party the UUP in 2010 getting 15% of the vote)
I know you're stupid, but I didn't think you were that stupid.
https://www.theguardian.com/business/live/2022/aug/22/cineworld-us-bankruptcy-felixstowe-strike-gas-prices-recession-stock-markets-business-live
I said that the government wouldn’t be wanting an election until the economy was recovering, so they will most likely not call it until autumn 2024.
Happy to be corrected. I’m sure some smart arse will refer to the corn laws or somesuch.