politicalbetting.com » Blog Archive » Generally on days like this George Osborne improves his Betfair “Next PM” chances
Today’s the chancellor’s autumn statement – the second big set piece of Mr. Osborne’s parliamentary year. Usually, the “Omnishambles” budget of 2012 apart, he gets a good initial reaction and the betting markets respond accordingly.
This piece seems like good advice. The commentariat seems to have been stuck in Osborne-is-hopelessly-trapped mode for weeks (perhaps the result of good expectations management behind the scenes). It seems a near certainty that he'll pull some kind of rabbit out of the hat today and, while it may not stand up well in the long term, it will play well for 48 hours.
I should declare an interest. I know and have worked with him and regard him highly. He's right of course. A culture of entitlement exists within highly paid bankers just as much as it does among some on welfare. They are both equally pernicious and need dealing with.
On topic, good strategy from Mike. As well as Osborne being close to evens for next PM after the last budget, Boris was also close to Evens in the days after the election. Both laid - for a reasonable sum in the case of the former, and a large sum in the case of the latter.
This piece seems like good advice. The commentariat seems to have been stuck in Osborne-is-hopelessly-trapped mode for weeks (perhaps the result of good expectations management behind the scenes). It seems a near certainty that he'll pull some kind of rabbit out of the hat today and, while it may not stand up well in the long term, it will play well for 48 hours.
He will remain a serious player for the leadership and is more likely than not to be in the final two I think.
I think he's almost certain to be in the final two, unless he decides not to stand. There's also the question of whether he'd be able to influence who was in the final two with him. (Though if it was between May and Boris, who would he see as most dangerous?)
Given the pathetic nature of PMQs from Corbyn, I can only presume he doesn't care right now. McDonnell is going to be entertaining - assume he's going to at least attempt to put his case today.
He will remain a serious player for the leadership and is more likely than not to be in the final two I think.
I think he's almost certain to be in the final two, unless he decides not to stand. There's also the question of whether he'd be able to influence who was in the final two with him. (Though if it was between May and Boris, who would he see as most dangerous?)
The way Osborne is trampling over his fellow cabinet members by grabbing all their good news announcements, IMHO Osborne will struggle to get into the final two. How to lose friends and influence people.
OGH betting strategy very smart. I disagree with one conclusion though. "One thing about Osborne is that he learns from past mistakes. There’ve been no more 2012-type budgets." Osborne's post GE budget has a number of howlers which have backfired. Tax Credits is one and some of the BTL changes is a hidden one. We will see how much of those mistakes he tackles today.
It will be a busy day for the Shadow Chancellor, John McDonnell, in the Commons this afternoon and later in the TV and radio studios.
Except that’s not where McDonnell will be this evening. He won’t be telling wavering voters about his party’s opposition to cuts or trying to persuade them of his personal commitment to balancing the budget while defending public services.
Instead John McDonnell will be sharing a platform with Labour’s opponents – not to debate with them, but to show solidarity with them.
He will remain a serious player for the leadership and is more likely than not to be in the final two I think.
I think he's almost certain to be in the final two, unless he decides not to stand. There's also the question of whether he'd be able to influence who was in the final two with him. (Though if it was between May and Boris, who would he see as most dangerous?)
The way Osborne is trampling over his fellow cabinet members by grabbing all their good news announcements, IMHO Osborne will struggle to get into the final two. How to lose friends and influence people.
Ironically this study almost PROVES there is no weekend effect. Paediatrics and Obstetrics run a fully staffed weekend rota. There is a consultant ward round daily and the same cover as if it were a weekday. The only difference is there are no elective caesarians (the lower risk procedures obviously) or planned clinics. But shop floor labour ward staffing is equivilent, as is SCBU level care.
Also this 250k figure is banded around, but you do realise that actually is the all in cost of training? That is not minused the tuition fees people pay, and includes living costs and lost production costs that are bourne by the individual through the SLC.
Actual to staffing a job cost to taxpayer is at the level of 150k. However this does not reflect work that these people do on wards whilst students. After this each year they work for the NHS they are a net benefit to the taxpayer. You are right in that it would be unfair to other students that don't have any obligations - nursing/OT/physio students pay no fees and get a bursary for living expenses for example.
I do not think you can achieve a fully staffed 7 day NHS on the cheap.
We're pouring money in by the bucket load. Even Gordon Brown said they'd had enough.
There are plenty of places where the NHS can find cost savings. Decent management could implement them.
Cull management numbers. Stop staff retiring at 50 on frankly over generous pension terms, and don't rehire those that have left at ridiculous rates. And lock Doctors into working for the training they've received. If they want to bugger off for more cash elsewhere, they should be required to compensate the taxpayer.
This thing about medical students needing to repay their training (and the vast majority will work for the NHS in any case) -- does it also apply to other students? Should TSE and Antifrank be required to do a couple of years at the local CAB? Should geography and history graduates have to work as schoolteachers for a stretch?
Have TSE and Antifrank received £250,000 worth of training paid for by the taxpayer?
Total debt to fall this year - large asset disposals coming..?
Debt or deficit? Even deficit, how the hell is he going to achieve that?
He definitely said debt. I guess the bank bailout cash liability is counted there, along with assets like Lloyds and possibly Railtrack, maybe even some undoing of QE.
Edit: looks like he is talking about debt/GDP ratio, which strikes me as a bit of a fudge.
It was something something female kids, something something mothers being erased, something something I'm pregnant with a daughter, something something.
I've no idea - Cameron gave a non answer that sounded nice, I'm not sure if he understood her either.
He will remain a serious player for the leadership and is more likely than not to be in the final two I think.
I think he's almost certain to be in the final two, unless he decides not to stand. There's also the question of whether he'd be able to influence who was in the final two with him. (Though if it was between May and Boris, who would he see as most dangerous?)
The way Osborne is trampling over his fellow cabinet members by grabbing all their good news announcements, IMHO Osborne will struggle to get into the final two. How to lose friends and influence people.
Like Brown did?
Osborne is even worse, since Blair at least did take some credit with the ministers and had people that he promoted and nurtured whereas Cameron seems to leave it all to Osborne.
Ironically this study almost PROVES there is no weekend effect. Paediatrics and Obstetrics run a fully staffed weekend rota. There is a consultant ward round daily and the same cover as if it were a weekday. The only difference is there are no elective caesarians (the lower risk procedures obviously) or planned clinics. But shop floor labour ward staffing is equivilent, as is SCBU level care. ....
Are you sure? What about all the key support staff in the areas of tests, scans etc and monitoring? Also what about the time to get through A&E for women admitted and assessed?
I disagree with George. I think we should (slowly) wean ourselves off tax credits whilst there is political cover to do so. So I still think there should be some cuts to it.
A bigger budget surplus helps with shocks and to pay down our debt.
OBGYN perform their own ultrasound scans in urgent cases or get the radiologist to do so. Truly emergency CT scans are easier to get on the weekend as there are not routine lists although obstetric CTs are very infrequent. Without routine bloods coming through from GP surgeries there is little difference between result times at the weekend, and it is easier to phone the chap there if you want something ASAP. But obstetrics does not really rely on many of these modalities for baby outcomes - it is all on the CTG which is constantly outputting. If you are waiting for xyz then you have waited too long.
A/E is bypassed and things move straight to labour ward for deliveries if they feel labour is oncoming.
Ironically this study almost PROVES there is no weekend effect. Paediatrics and Obstetrics run a fully staffed weekend rota. There is a consultant ward round daily and the same cover as if it were a weekday. The only difference is there are no elective caesarians (the lower risk procedures obviously) or planned clinics. But shop floor labour ward staffing is equivilent, as is SCBU level care. ....
Are you sure? What about all the key support staff in the areas of tests, scans etc and monitoring? Also what about the time to get through A&E for women admitted and assessed?
John McDonnell, Labour's shadow chancellor, said he would "throw up" if George Osborne used the phrase "fixing the roof while the sun in shining". Osborne has duly, and rather gleefully, put this to the test. It's probably for the best that Mr McDonnell reneged on his promise. Tory MPs point at him and laugh.
Pretty clear Osbourne never intended to carry the tax credit cut through. Master tactician
It's a hell of a master tactician that allows himself to be the story, allows himself to be held hostage to fortune (unpredictably) and sews doubt amongst his own MPs about his own leadership competence in doing so.
I don't understand those who think all of this was some huge triple-bluff by Osborne.
Why would he bother?
I think he thought Labour's disarray gave him all the political cover he needed and he cocked up.
Comments
This piece seems like good advice. The commentariat seems to have been stuck in Osborne-is-hopelessly-trapped mode for weeks (perhaps the result of good expectations management behind the scenes). It seems a near certainty that he'll pull some kind of rabbit out of the hat today and, while it may not stand up well in the long term, it will play well for 48 hours.
I should declare an interest. I know and have worked with him and regard him highly. He's right of course. A culture of entitlement exists within highly paid bankers just as much as it does among some on welfare. They are both equally pernicious and need dealing with.
Over to you George.
*impressed face*
Beginner's luck with the first post.
With the ISIS issues and Middle East tension; on the day of the Autumn Statement, he goes with green issues?
Kate McCann @KateEMcCann 12m12 minutes ago
John McDonnell has decided he doesn't want to live in Number 11 when he becomes chancellor... ahem: http://www.telegraph.co.uk/news/politics/12015911/John-McDonnell-wouldnt-live-in-Number-11-if-he-was-
@JournoStephen: "Prime Minister, I have a question from Ziggy, Occupied Palestine, and Jay." #PMQs
But then again I've backed Osbo at around 2.74, and he's drifted.
He will remain a serious player for the leadership and is more likely than not to be in the final two I think.
Osbo: Buy @ 5-2 or longer
Hold @ 6-4 -> 5-2
Sell @ 5-4 or shorter.
Does Labour recognise that there is life outside London?
Oops, here comes Hampstead.
https://twitter.com/wwwfoecouk/status/646398831601451008
Osborne's post GE budget has a number of howlers which have backfired. Tax Credits is one and some of the BTL changes is a hidden one. We will see how much of those mistakes he tackles today.
And a hearty welcome to Mr Wanderer.
Also this 250k figure is banded around, but you do realise that actually is the all in cost of training? That is not minused the tuition fees people pay, and includes living costs and lost production costs that are bourne by the individual through the SLC.
Actual to staffing a job cost to taxpayer is at the level of 150k. However this does not reflect work that these people do on wards whilst students. After this each year they work for the NHS they are a net benefit to the taxpayer. You are right in that it would be unfair to other students that don't have any obligations - nursing/OT/physio students pay no fees and get a bursary for living expenses for example.
Figures as of 2012. https://view.officeapps.live.com/op/view.aspx?src=http://bma.org.uk/-/media/Files/Word%20files/News%20views%20analysis/pressbriefing_cost_of_training_doctors.docx
No, it's been fuelled by an irresponsible housing bubble!
Edit: looks like he is talking about debt/GDP ratio, which strikes me as a bit of a fudge.
I've no idea - Cameron gave a non answer that sounded nice, I'm not sure if he understood her either.
How is Osborne killing "his own" ?
A bigger budget surplus helps with shocks and to pay down our debt.
A/E is bypassed and things move straight to labour ward for deliveries if they feel labour is oncoming.
George Osborne will never lead the conservative party.
You can see as Osborne as a Prime Minister in a way that you can't see Corbyn as PM, and I think Osborne is a fecking massive tw@
I don't understand those who think all of this was some huge triple-bluff by Osborne.
Why would he bother?
I think he thought Labour's disarray gave him all the political cover he needed and he cocked up.