politicalbetting.com » Blog Archive » William Hill makes it 9-1 that GE2015 will lead to a second CON-LD coalition
But the best market of all and which I have had a bet on is the William Hill post-GE2015 government one. The price I like is the 9/1 that there’ll be another LD-CON coalition.
21-30 LD feels most likely to me, don't know enough about odds to think there's any good ones out there on that.
I don't think there's any chance of a LD-Con coalition. The LD argument gfor 2015 will surely be that they took the hard choice to work with the Tories to fix things, and it mostly worked. I can see a support arragement to 'finish what they started' in terms of a budget maybe, given there will be more austerity, but no desire for a full coalition on either side.
I'm convinced Clegg will go either late 2014, early 2015. Doesn't seem worth the bet though.
I'm convinced Clegg will go either late 2014, early 2015.
None of the prospective leaders want to take up Clegg's position as coalition shit magnet in chief just yet. For obvious reasons. Otherwise we would be hearing the same high level briefings against Clegg from his fellow ministers that Clegg himself did against Ming Campbell just before he was forced out.
I'm convinced Clegg will go either late 2014, early 2015.
None of the prospective leaders want to take up Clegg's position as coalition shit magnet in chief just yet. For obvious reasons. Otherwise we would be hearing the same high level briefings against Clegg from his fellow ministers that Clegg himself did against Ming Campbell before he went.
Agreed, not yet. But I think the party sees the benefit of parachuting in someone else 8-12 months, or even less, from the GE to superficially take some sting out of the party that Clegg has with Lab leaning voters in particular. Not that it worked for the Labor party in Aus.
Speaking of Aus, apparently Julia Gillard feels an acute sense of loss at being shafted by her party, describing the move as cynical and shallow. Feels different when one is on the receiving end I suppose.
Fraser Nelson is running the risk of looking as much a numpty on the housing market as Ed Conman at Sky.
Why, why oh, can't journalists look at the statistics before spouting prejudices unfounded in fact? It just makes them look complete fools.
Here is Fraser's recommendation (via Sam Fleming of The Times) to the BoE (I assume the PRA and FCA) on how to regulate the mortgage market to reduce the risk of a Brownian early noughties bubble repeating:
Fleming proposes that Mark Carney, the new BoE Governor, seeks the powers to impose caps on loan-to-value mortgages – regionally, if needs be.
If Fleming had only bothered to look at the latest BoE MLAR report he would have discovered that this is exactly what lenders and their regulators have been doing:
BoE MLAR Report: September 2013 2007 | 2013 | Change Q1 | Q1 | --------------------------------------|-------------|------------ LTV | | < = 75% 48.63% | 67.02% | + 18.39% Over 75 < = 90% 37.24% | 30.90% | - 6.34% Over 90 < = 95% 8.52% | 1.62% | - 6.90% Over 95% 5.62% | 0.46% | - 5.16% Total 100.00% | 100.00% | - 0.00% | | LTV and Income multiple | | Over 90 < = 95% | | Single: 3.50 x or more 1.90% | 0.23% | - 1.67% Joint : 2.75 x or more 3.41% | 0.79% | - 2.62% Total HIM 5.31% | 1.02% | - 4.29% | | Over 95% | | Single: 3.50 x or more 1.21% | 0.16% | - 1.05% Joint : 2.75 x or more 2.26% | 0.09% | - 2.17% Total HIM 3.47% | 0.25% | - 3.22% | | High LTV (All over 90%) | | Single: 3.50 x or more 3.11% | 0.39% | - 2.72% Joint : 2.75 x or more 5.67% | 0.88% | - 4.79% Total HIM 8.78% | 1.27% | - 7.51%
Mark Carney, through the Financial Policy Committee and the two regulators, the PRA and FCA, already has the powers to do what your friend Sam Fleming is recommending and, what's more, Carney (and his predecessors), together with the lenders themselves, have been prudentially exercising those powers. Mortgage lending today is far, far more risk averse than it was in 2007.
Much as I think your analysis sounds plausible I decided that the cost of half a pint was money I wouldn't miss. If it comes in then I can buy a bottle of scotch to numb for one night the pain of there being LDs in govt again.
A lot depends on how the Lib Dem party (not its leaders) would react to Cameron winning a narrow majority (i.e. not sufficient for a full term) or a lead in seats but with no prospect of a workable competing coalition.
Clegg and his ministers will almost certainly want to keep their ministerial cars and the kudos and power of being a "governing party".
The party however may not be so keen especially if their negotiating power has been weakened over 2010 and the number of Cabinet places on offer is likely to be commensurately fewer.
Still 9/1 is an great price on what looks to us insiders as the most likely outcome.
I'm probably alone in not minding if the LDs stay in government next time, whoever it be with (not that I think it likely), except in the sense that they could conceivably do it eternally switching back and forth - I don't like governments to be able to relax in the comfort of a massive majority, and coalitions of two (as opposed to some of these foreign coalitions with multiple parties), especially where each party has its own internal divisions which can be quite fractious, keeps them on their toes.
Cameron hasn't had it easy, which is a good thing and means the PM has to work hard to get things done (rather than Blair, who though I'm sure worked hard to keep his people in line, had such a commanding lead he could afford to ignore them more), although he hasn't been as adept at managing the coalition politics (most particularly his own side of it) to achieve things as I would have liked, but I think it's not a bad model for government, in theory.
The Coalitition has been a success. I think the country would like to see it continue its good work for a further five years. The idea of a Tory majority is unattractive , a Labour one viscerally and intellectually repellent.
FPT I asked "Going into GE 2010, does anyone know what the betting was saying the day before about the likely number of LD seats?" I just wanted to see how accurate the money was in forecasting the outcome.
FPT I asked "Going into GE 2010, does anyone know what the betting was saying the day before about the likely number of LD seats?" I just wanted to see how accurate the money was in forecasting the outcome.
Sorry I cannot recall exactly what the betting was . My memory is that prior to the Cleggasm the betting was pretty much spot on the actual end number of LD seats but the expected number increased as did the LD figures in the polls .
kle4 She argues Rudd was not able to campaign on her achievements. The ALP leadership race has now begun between Anthony Albanese and Bill Shorten. Gillard has said both are good candidates but Albanese is probably the best bet for party unity, A Rudd backer he was nonetheless a loyal member of Gillard's cabinet, while Shorten ultimately shafted both Rudd and Gillard. In many ways, Shorten would be another Bill Nelson, the first Liberal leader after Howard lost, who was weak and uninspiring while Albanese could be an ALP Abbott, from the left of the party, but a heavy hitter and prepared to get stuck in! http://www.abc.net.au/news/2013-09-13/anthony-albanese-to-run-for-labor-leadership/4956100
I'm probably alone in not minding if the LDs stay in government next time, whoever it be with (not that I think it likely), except in the sense that they could conceivably do it eternally switching back and forth - I don't like governments to be able to relax in the comfort of a massive majority, and coalitions of two (as opposed to some of these foreign coalitions with multiple parties), especially where each party has its own internal divisions which can be quite fractious, keeps them on their toes.
Cameron hasn't had it easy, which is a good thing and means the PM has to work hard to get things done (rather than Blair, who though I'm sure worked hard to keep his people in line, had such a commanding lead he could afford to ignore them more), although he hasn't been as adept at managing the coalition politics (most particularly his own side of it) to achieve things as I would have liked, but I think it's not a bad model for government, in theory.
I agree with quite a lot of what you say here, especially that it's not a bad model for government, in theory.
My reservation is that, although I have an emotional bias against Conservatives, I also have an intellectual difficulty with the simultaneous propositions that "coalition government is a good thing" plus "but not coalitions with one of the two major parties".
IMHO, when a coalition government became a fact, LIbDems who demonstrated that they actually held this dual belief have done a lot to undermine their cause.
I'm probably alone in not minding if the LDs stay in government next time, whoever it be with (not that I think it likely), except in the sense that they could conceivably do it eternally switching back and forth - I don't like governments to be able to relax in the comfort of a massive majority, and coalitions of two (as opposed to some of these foreign coalitions with multiple parties), especially where each party has its own internal divisions which can be quite fractious, keeps them on their toes.
Cameron hasn't had it easy, which is a good thing and means the PM has to work hard to get things done (rather than Blair, who though I'm sure worked hard to keep his people in line, had such a commanding lead he could afford to ignore them more), although he hasn't been as adept at managing the coalition politics (most particularly his own side of it) to achieve things as I would have liked, but I think it's not a bad model for government, in theory.
I agree with quite a lot of what you say here, especially that it's not a bad model for government, in theory.
My reservation is that, although I have an emotional bias against Conservatives, I also have an intellectual difficulty with the simultaneous propositions that "coalition government is a good thing" plus "but not coalitions with one of the two major parties".
IMHO, when a coalition government became a fact, LIbDems who demonstrated that they actually held this dual belief have done a lot to undermine their cause.
I'd agree with that. It'd be ok to hold that dual belief if you presented yourself as, essentially, the junior party of the left or right (one reason I think UKIP doing well might be useful, to provide a more palatable coalition partner for the right), but the LDs like to claim they are centre and not merely a Labour-lite option, but the visceral reaction of so many, jumping ship long before any negatives emerged, showed many could never contemplate actually working with whoever was in power if in the national interest.
Considering the L&N model is currently 'predicting' a 99% chance that the Tories win the PV, and a 60% chance they wind up largest party in a hung-parliament, it looks like a stand-out bet...
MarkSenior If Labour is the largest party in 2015 and forms a coalition with the LDs then the Tories will dump Cameron for a rightwinger. There would then be an outside chance of a UKIP/Tory pact or even merger by 2020!
Margaret Watt, chair of the Scotland Patients Association, said: “There is a lot of misdiagnosis out there and the patients seem to know more than their doctors because they are using the internet.”
It does seem to me that nowadays, when patients first present themselves with a 'new' issue, the first person they see ought to be someone with medically orientated Googling skills. Then pass them on to GPs with a list of possibilities.
MarkSenior If Labour is the largest party in 2015 and forms a coalition with the LDs then the Tories will dump Cameron for a rightwinger. There would then be an outside chance of a UKIP/Tory pact or even merger by 2020!
Who would that be? What 'right wing' figures exist in the parliamentary Conservative Party?
I am pleased to announce that I have been selected as the UKIP PPC for Cambridge City for GE 2015 at a hustings this afternoon.
If anybody is interested in the Cambridge constituency, my email address is d.kendrick@btconnect.com
Congratulations David. Doesn't seem the most fertile ground for UKIP though. I think if you could take some of the Con share and get 5-10% you would be doing well.
AnotherDave - Boris, who is pro grammar school, sceptical of climate change and the EU and a tax cutter for one. David Davis and Liam Fox would also be contendors if Cameron lost, dragging down Osborne and Gove with him and Hague has no appetite for another go. Hammond could also be a contendor from the Tory right, and he opposed gay marriage. May will try and present herself as a Merkel-like safe pair of hands but has no support.
Russell Whiting has been selected as Labour candidate for Suffolk Coastal. Here he is speaking at the 2010 Labour conference.
Interestingly, he was a member of Broxtowe CLP at that time, and had previously been a Conservative Party member and a member of Conservatives for Nick Palmer:
@tim - It is joyous indeed to see you droning on and on about the wickedness of what (allegedly) will happen under a re-elected Tory led government (though George will be Foreign Secretary by then). Get your attack in early. Good man.
You've palpably given up on May 2015 then. Very astute. It will ease the pain.
1. What a dreadfull place is the SECC! Even in sunshine. 2. Farron received a standing ovation from packed audience. Apart from the obvious the message was we need a new Beveridgean consensus to replace that destroyed by Thatcher and Blair. Also that climate change could lead to the return of his 5 evils. 3. At a fringe meeting on Trident there was straw poll on the options: replace 0 votes; contingency posture 15 votes; abolition 85 votes. Could be an interesting vote on Tuesday.
TimMontgomerie retweeted @StewartWood: Warnings to Osborne about our housing bubble have now come from the IMF, Vince Cable, Mervyn King, Fitch, RICS & most economics commentators
Plus Tory economic advisors and the Adam Smith Institute Across the spectrum it's becoming clearer and clearer that Osborne is the biggest current danger to the Uk economy
Well, let's see each warning in turn, tim. I think you will find they are either warnings about the stimulus if it becomes permanent, or, non evidence based political argument.
But I keep an open mind. Post the arguments and the figures and I will comment.
In the meantime please would you point out to me where the bubble exists in the following figures for total mortgage lending over the past six years?
It doesn't look very bubble-like to me, tim, but I may have missed something.
BoE: MLAR Report September 2013 Total Mortgage Lending to Individuals
It'll be tough. The UKIP branch in Cambridge could be described as 'lightweight', without causing offence. We need 24 candidates for the local elections which are taking place next year, on the same date as the Euro elections. We ought to have candiadtes standing in all 24. Not yet, we haven't....
TimMontgomerie retweeted @StewartWood: Warnings to Osborne about our housing bubble have now come from the IMF, Vince Cable, Mervyn King, Fitch, RICS & most economics commentators
Plus Tory economic advisors and the Adam Smith Institute Across the spectrum it's becoming clearer and clearer that Osborne is the biggest current danger to the Uk economy
Ha ha ha - clearly all would be well if the British people put their trust in the 2 Ed's who built so many houses in their time whilst maintaining Labour's legendary commitment to sound finances - oh wait....
It'll be tough. The UKIP branch in Cambridge could be described as 'lightweight', without causing offence. We need 24 candidates for the local elections which are taking place next year, on the same date as the Euro elections. We ought to have candiadtes standing in all 24. Not yet, we haven't....
Thats great news David, good luck for the campaign and the future. Hope to see you next friday at UKIP conference.
Thanks for the tip Mike - I've had a small and rare political bet on the 9-1 outcome. I think Labour won't make the cut and a Con/LD coalition - albeit with a smaller majority - will be the most realistic post-election option.
1. What a dreadfull place is the SECC! Even in sunshine. 2. Farron received a standing ovation from packed audience. Apart from the obvious the message was we need a new Beveridgean consensus to replace that destroyed by Thatcher and Blair. Also that climate change could lead to the return of his 5 evils. 3. At a fringe meeting on Trident there was straw poll on the options: replace 0 votes; contingency posture 15 votes; abolition 85 votes. Could be an interesting vote on Tuesday.
re: point 2. Yes can I see that. If the weather becomes sunnier it might lead to Idleness ;-)
1. What a dreadfull place is the SECC! Even in sunshine. 2. Farron received a standing ovation from packed audience. Apart from the obvious the message was we need a new Beveridgean consensus to replace that destroyed by Thatcher and Blair. Also that climate change could lead to the return of his 5 evils. 3. At a fringe meeting on Trident there was straw poll on the options: replace 0 votes; contingency posture 15 votes; abolition 85 votes. Could be an interesting vote on Tuesday.
re: point 2. Yes can I see that. If the weather becomes sunnier it might lead to Idleness ;-)
TimMontgomerie retweeted @StewartWood: Warnings to Osborne about our housing bubble have now come from the IMF, Vince Cable, Mervyn King, Fitch, RICS & most economics commentators
Plus Tory economic advisors and the Adam Smith Institute Across the spectrum it's becoming clearer and clearer that Osborne is the biggest current danger to the Uk economy
Well, let's see each warning in turn, tim. I think you will find they are either warnings about the stimulus if it becomes permanent, or, non evidence based political argument.
But I keep an open mind. Post the arguments and the figures and I will comment.
In the meantime please would you point out to me where the bubble exists in the following figures for total mortgage lending over the past six years?
It doesn't look very bubble-like to me, tim, but I may have missed something.
tim
You missed a trick.
I copied the wrong line from Excel. The figures are outstanding net loans which should have been divided by 4 after summing the quarters to get the average loans outstanding for each year. The percentage increases which would be the pointer to a 'bubble', if it existed, don't of course change.
Here is the corrected table:
BoE: MLAR Report September 2013 Total Mortgage Lending to Individuals
AnotherDave - Boris, who is pro grammar school, sceptical of climate change and the EU and a tax cutter for one. David Davis and Liam Fox would also be contendors if Cameron lost, dragging down Osborne and Gove with him and Hague has no appetite for another go. Hammond could also be a contendor from the Tory right, and he opposed gay marriage. May will try and present herself as a Merkel-like safe pair of hands but has no support.
I don't think Boris' politics are any different to Mr Cameron's.
Hammond, May, and Fox all voted against an EU referendum in 2011.
Margaret Watt, chair of the Scotland Patients Association, said: “There is a lot of misdiagnosis out there and the patients seem to know more than their doctors because they are using the internet.” It does seem to me that nowadays, when patients first present themselves with a 'new' issue, the first person they see ought to be someone with medically orientated Googling skills. Then pass them on to GPs with a list of possibilities.
In 10 years time, will GPs exist in a similar way that they now operate?
Expert systems could do much of their current role once the access to most tests is available to the patient. Smart GPs could double or treble their volumes by setting up the facilities in their surgeries - including evenings and weekends!
It'll be tough. The UKIP branch in Cambridge could be described as 'lightweight', without causing offence. We need 24 candidates for the local elections which are taking place next year, on the same date as the Euro elections. We ought to have candiadtes standing in all 24. Not yet, we haven't....
Congrats David - so it is just you and Nick Palmer as PPCs active on PB?
Russell Whiting has been selected as Labour candidate for Suffolk Coastal. Here he is speaking at the 2010 Labour conference.
Interestingly, he was a member of Broxtowe CLP at that time, and had previously been a Conservative Party member and a member of Conservatives for Nick Palmer:
Yes, Russell initially supported me personally despite his politics. He decided after the election that he had more in common with us than the Tories and came over - I was really pleased he got the selection, and that the party was open-minded enough not to hold his past allegiance against him. His family in the Suffolk area where he's standing goes back hundreds of years: it's not exactly a Labour target seat, but I predict he'll do well.
OT. A nice article in the Guardian by Russel Brandt where he talks about his spat with Hugo Boss after making a jibe about their previous Nazi associations. "Subsequent to my jokes the evening took a peculiar turn....."
"Foreign secretary William Hague gave an award to former Telegraph editor Charles Moore, for writing a hagiography of Margaret Thatcher, who used his acceptance speech to build a precarious connection between my comments about the sponsors, my foolish answerphone scandal at the BBC and the Sachs family's flight, 70 years earlier, from Nazi-occupied Europe. It was a confusing tapestry that Moore spun but he seemed to be saying that a) the calls were as bad as the Holocaust and b) the Sachs family may not've sought refuge in Britain had they known what awaited them. Even for a man whose former job was editing the Telegraph this is an extraordinary way to manipulate information........."
It'll be tough. The UKIP branch in Cambridge could be described as 'lightweight', without causing offence. We need 24 candidates for the local elections which are taking place next year, on the same date as the Euro elections. We ought to have candiadtes standing in all 24. Not yet, we haven't....
Congrats David - so it is just you and Nick Palmer as PPCs active on PB?
There might be a few more not using their real names of course. (Hopefully saying that doesn't break the rules of PB).
UKIP polled 3.7% in Cambridge constituency in the local elections: 933 votes out of 25,464. The party contested 5 divisions, polling 8.7% in those divisions.
The seat consists of all of the Cambridge divisions except Queen Edith's:
No doubt the Lib Dems will spend this conference pointing out all the differences between themselves and the Conservatives. On Europe, on the environment, on employment legislation, on immigration, on wealth taxes, on crime, on constitutional reform, on voting reform, on childcare, on trident etc. Given Clegg presumably wants to keep equidistant between Labour and the Tories, there must be a similar number of differences with Labour.
It'll be tough. The UKIP branch in Cambridge could be described as 'lightweight', without causing offence. We need 24 candidates for the local elections which are taking place next year, on the same date as the Euro elections. We ought to have candiadtes standing in all 24. Not yet, we haven't....
Thats great news David, good luck for the campaign and the future. Hope to see you next friday at UKIP conference.
I'll be at the UKIP conference next Friday. Many from PB there?
Apparently, I have to bring my UKIP party membership card. I had no idea I was supposed to keep it.
"Given Clegg presumably wants to keep equidistant between Labour and the Tories, there must be a similar number of differences with Labour.
What are they?
Hard to remain equidistant from Labour until we know what Labour's policy are "On Europe, on the environment, on employment legislation, on immigration, on wealth taxes, on crime, on constitutional reform, on voting reform, on childcare, on trident etc."
Perhaps we'll find out during Labour's trip to the seaside.
"Given Clegg presumably wants to keep equidistant between Labour and the Tories, there must be a similar number of differences with Labour.
What are they?
Hard to remain equidistant from Labour until we know what Labour's policy are "On Europe, on the environment, on employment legislation, on immigration, on wealth taxes, on crime, on constitutional reform, on voting reform, on childcare, on trident etc."
Perhaps we'll find out during Labour's trip to the seaside.
True, but given the scale of the differences between the Tories and Lib Dems, if Labour can't make themselves more appealing to the Lib Dems than the blues, they really don't deserve to be in government.
Jeremy Clarkson tweeting that he may stand in Doncaster North at the GE. ..
Presumably as an independent? If so, he'd lose. However unlike the current incumbent, at least he has a very strong connection with the town.
Besides, he is making too much money from the Beeb for him to risk an attempt. Remember the trouble the BBC had with Lord Sugar before the 2010 GE? Would the BBC be allowed to show Top Gear during the run-up?
AndyJS I was a university contemporary of Kevin Foster's and indeed helped him with some council campaigns in Coventry, given the LDs poll rating he should have an excellent chance of once again turning traditionally 'Torybay' blue once again
"Given Clegg presumably wants to keep equidistant between Labour and the Tories, there must be a similar number of differences with Labour.
What are they?
Hard to remain equidistant from Labour until we know what Labour's policy are "On Europe, on the environment, on employment legislation, on immigration, on wealth taxes, on crime, on constitutional reform, on voting reform, on childcare, on trident etc."
Perhaps we'll find out during Labour's trip to the seaside.
"if Labour can't make themselves more appealing to the Lib Dems than the blues, they really don't deserve to be in government.
AndyJS I was a university contemporary of Kevin Foster's and indeed helped him with some council campaigns in Coventry, given the LDs poll rating he should have an excellent chance of once again turning traditionally 'Torybay' blue once again
Unfortunately for the Tories Adrian Sanders is standing again for the LDs. If he'd retired I think the Conservatives would have been favourites.
AndyJS I was a university contemporary of Kevin Foster's and indeed helped him with some council campaigns in Coventry, given the LDs poll rating he should have an excellent chance of once again turning traditionally 'Torybay' blue once again
I too am a friend of his. He is very good at that traditional Lib Dem strength - The Ground game. The seat will be very close in 2015 I think.
AndyJS I was a university contemporary of Kevin Foster's and indeed helped him with some council campaigns in Coventry, given the LDs poll rating he should have an excellent chance of once again turning traditionally 'Torybay' blue once again
Unfortunately for the Tories Adrian Sanders is standing again for the LDs. If he'd retired I think the Conservatives would have been favourites.
Pulpstar/AndyJS - True, but Kevin is also Devon born and bred and campaigning hard and in 2015 the anti LD swing is likely to be so high even popular incumbents like Sanders will have difficulty stopping it. Sanders had a majority of 8.3% in 2010, according to today's UK polling report even on present polling there is a swing of 4% from LD to Tory since 2010, making it too close to call. If Foster squeezes the UKIP vote he should have a strong chance
Mr. Kendrick, Babur was reduced to one fortress and a hundred men at one point, but went on to become the first great Moghal emperor.
Or, to get Biblical on you, from tiny seeds does the mighty mustard tree grow.
Anyway, I wish you luck. I just hope that come the General Election UKIP doesn't end up allowing a Lib-Lab coalition in.
You can't be too concerned about that prospect Morris or you wouldn't be intending to vote UKIP yourself. It's likely to depend on whether UKIP wins 5% or 10% of the vote which will determine the outcome of the next GE. Anything close to or above the latter figure and the Tories will be dead in the water, no question.
TimMontgomerie retweeted @StewartWood: Warnings to Osborne about our housing bubble have now come from the IMF, Vince Cable, Mervyn King, Fitch, RICS & most economics commentators
Plus Tory economic advisors and the Adam Smith Institute Across the spectrum it's becoming clearer and clearer that Osborne is the biggest current danger to the Uk economy
Well, let's see each warning in turn, tim. I think you will find they are either warnings about the stimulus if it becomes permanent, or, non evidence based political argument.
But I keep an open mind. Post the arguments and the figures and I will comment.
In the meantime please would you point out to me where the bubble exists in the following figures for total mortgage lending over the past six years?
It doesn't look very bubble-like to me, tim, but I may have missed something.
tim
You missed a trick.
I copied the wrong line from Excel. The figures are outstanding net loans which should have been divided by 4 after summing the quarters to get the average loans outstanding for each year. The percentage increases which would be the pointer to a 'bubble', if it existed, don't of course change.
Here is the corrected table:
BoE: MLAR Report September 2013 Total Mortgage Lending to Individuals
Tim It all depends if the leadership change is pre 2015 LD massacre or post 2015 LD massacre. If before and the LDs try and do a Rudd and save the furniture it will be Cable, if after it will be Farron, either way there is no way in my view Clegg will be party leader after the election, if he holds his seat at all! Alexander may be an outside bet though if Cameron leads the largest party in a hung parliament and the LDs stick with their policy of supporting the party with most seats
It'll be tough. The UKIP branch in Cambridge could be described as 'lightweight', without causing offence. We need 24 candidates for the local elections which are taking place next year, on the same date as the Euro elections. We ought to have candiadtes standing in all 24. Not yet, we haven't....
Thats great news David, good luck for the campaign and the future. Hope to see you next friday at UKIP conference.
I'll be at the UKIP conference next Friday. Many from PB there?
Apparently, I have to bring my UKIP party membership card. I had no idea I was supposed to keep it.
Congratulations, David. I'll be running the BUAV (animal protection NGO) stand there on Saturday (a colleague is doing it on Friday) - do come over and say hello. MikeK said earlier that he'll be there, but only on Friday.
Mr. Kendrick, Babur was reduced to one fortress and a hundred men at one point, but went on to become the first great Moghal emperor.
Or, to get Biblical on you, from tiny seeds does the mighty mustard tree grow.
Anyway, I wish you luck. I just hope that come the General Election UKIP doesn't end up allowing a Lib-Lab coalition in.
You can't be too concerned about that prospect Morris or you wouldn't be intending to vote UKIP yourself. It's likely to depend on whether UKIP wins 5% or 10% of the vote which will determine the outcome of the next GE. Anything close to or above the latter figure and the Tories will be dead in the water, no question.
Voters on the politcal centre-right have no obligation to vote Conservative despite what the Conservative party seems to assume.
Rather the Conservative party has an obligation to earn the support of those voters.
If it is unable to do so through having the wrong people or the wrong policies then it has nobody to blame but itself.
And not the voters or the parties they do vote for.
Comments
No overall maj: 2.42
Lab overall maj: 2.86
Con overall maj: 4.1
Other overall maj: 160
https://touch.betfair.com/#/market_1_101416490?ts=1379169285154
I don't think there's any chance of a LD-Con coalition. The LD argument gfor 2015 will surely be that they took the hard choice to work with the Tories to fix things, and it mostly worked. I can see a support arragement to 'finish what they started' in terms of a budget maybe, given there will be more austerity, but no desire for a full coalition on either side.
I'm convinced Clegg will go either late 2014, early 2015. Doesn't seem worth the bet though.
Speaking of Aus, apparently Julia Gillard feels an acute sense of loss at being shafted by her party, describing the move as cynical and shallow. Feels different when one is on the receiving end I suppose.
http://www.bbc.co.uk/news/world-asia-24090100
Fraser Nelson is running the risk of looking as much a numpty on the housing market as Ed Conman at Sky.
Why, why oh, can't journalists look at the statistics before spouting prejudices unfounded in fact? It just makes them look complete fools.
Here is Fraser's recommendation (via Sam Fleming of The Times) to the BoE (I assume the PRA and FCA) on how to regulate the mortgage market to reduce the risk of a Brownian early noughties bubble repeating:
Fleming proposes that Mark Carney, the new BoE Governor, seeks the powers to impose caps on loan-to-value mortgages – regionally, if needs be.
If Fleming had only bothered to look at the latest BoE MLAR report he would have discovered that this is exactly what lenders and their regulators have been doing:
[to be continued with chart in following post]
Duh, Fraser! Time to up your game!
Note: LTV = Loan to Value
A lot depends on how the Lib Dem party (not its leaders) would react to Cameron winning a narrow majority (i.e. not sufficient for a full term) or a lead in seats but with no prospect of a workable competing coalition.
Clegg and his ministers will almost certainly want to keep their ministerial cars and the kudos and power of being a "governing party".
The party however may not be so keen especially if their negotiating power has been weakened over 2010 and the number of Cabinet places on offer is likely to be commensurately fewer.
Still 9/1 is an great price on what looks to us insiders as the most likely outcome.
Cameron hasn't had it easy, which is a good thing and means the PM has to work hard to get things done (rather than Blair, who though I'm sure worked hard to keep his people in line, had such a commanding lead he could afford to ignore them more), although he hasn't been as adept at managing the coalition politics (most particularly his own side of it) to achieve things as I would have liked, but I think it's not a bad model for government, in theory.
Farron now highlighting his modest background. This is a thinly veiled leadership pitch. #ldconf
Mark Thompson @MarkReckons
Fsrron: "Life is short and we will all be forgotten". Tim getting a bit Dawkins there.
Mark Thompson @MarkReckons
"We do not compromise in our manifesto allowing a series of pre-conceded policies" - Farron - sustained round of applause
Mark Thompson @MarkReckons
@binny_uk He'll deny it but it's becoming increasingly obvious
http://www.dailymail.co.uk/debate/article-2420389/Neglecting-North-lose-David-Cameron-Election.html
http://www.abc.net.au/news/2013-09-13/anthony-albanese-to-run-for-labor-leadership/4956100
Liberal/National Coalition: 53.38%
Labor: 46.62%
Still about 2 million 2PP votes to be counted.
http://vtr.aec.gov.au/
tim .. it is maybe time you attempted growing up.
..totally pathetic
Anyone else going to have nightmare of a Rose garden press conference with Farron and Miliband in May 2015...
I feel ill.
My reservation is that, although I have an emotional bias against Conservatives, I also have an intellectual difficulty with the simultaneous propositions that "coalition government is a good thing" plus "but not coalitions with one of the two major parties".
IMHO, when a coalition government became a fact, LIbDems who demonstrated that they actually held this dual belief have done a lot to undermine their cause.
It does seem to me that nowadays, when patients first present themselves with a 'new' issue, the first person they see ought to be someone with medically orientated Googling skills. Then pass them on to GPs with a list of possibilities.
If anybody is interested in the Cambridge constituency, my email address is d.kendrick@btconnect.com
a total of 1,237 complaints received across all areas of health in 2012-13.
Proportionally much less than:
England & Wales
a total of 162,019 complaints received across all areas of health in 2012-13.
How much more damage can Hunt and his troop of coalition clowns do ?
Interestingly, he was a member of Broxtowe CLP at that time, and had previously been a Conservative Party member and a member of Conservatives for Nick Palmer:
http://www.youtube.com/watch?v=Yhtn2F6RPOw&
https://docs.google.com/spreadsheet/ccc?key=0At91c3wX1Wu5dFkzTjFrRmJRN3F6ODBTTEs4NGFhcUE#gid=0
Congratulations, Mr. Kendrick.
You've palpably given up on May 2015 then. Very astute. It will ease the pain.
Three comments:
1. What a dreadfull place is the SECC! Even in sunshine.
2. Farron received a standing ovation from packed audience. Apart from the obvious the message was we need a new Beveridgean consensus to replace that destroyed by Thatcher and Blair. Also that climate change could lead to the return of his 5 evils.
3. At a fringe meeting on Trident there was straw poll on the options: replace 0 votes; contingency posture 15 votes; abolition 85 votes. Could be an interesting vote on Tuesday.
Why do we need a consensus? Isn't the prime purpose of democracy to give people alternatives?
On Trident: I thought this has been delayed until after the election?
But I keep an open mind. Post the arguments and the figures and I will comment.
In the meantime please would you point out to me where the bubble exists in the following figures for total mortgage lending over the past six years?
It doesn't look very bubble-like to me, tim, but I may have missed something.
It'll be tough. The UKIP branch in Cambridge could be described as 'lightweight', without causing offence. We need 24 candidates for the local elections which are taking place next year, on the same date as the Euro elections. We ought to have candiadtes standing in all 24. Not yet, we haven't....
Ha ha ha - clearly all would be well if the British people put their trust in the 2 Ed's who built so many houses in their time whilst maintaining Labour's legendary commitment to sound finances - oh wait....
Or, to get Biblical on you, from tiny seeds does the mighty mustard tree grow.
Anyway, I wish you luck. I just hope that come the General Election UKIP doesn't end up allowing a Lib-Lab coalition in.
.............................................................
Warm congratulations to David Kendrick on his Ukip Cambridge PPC selection. A mighty big ask to carry the kipper banner to the HoC !!
You missed a trick.
I copied the wrong line from Excel. The figures are outstanding net loans which should have been divided by 4 after summing the quarters to get the average loans outstanding for each year. The percentage increases which would be the pointer to a 'bubble', if it existed, don't of course change.
Here is the corrected table:
Hammond, May, and Fox all voted against an EU referendum in 2011.
http://www.telegraph.co.uk/news/worldnews/europe/eu/8847123/EU-referendum-how-the-MPs-voted.html
And Mr Hague seems to have morphed into a pro-EU figure.
http://www.dailymail.co.uk/news/article-2374418/William-Hagues-review-branded-Whitehall-whitewash.html
Expert systems could do much of their current role once the access to most tests is available to the patient. Smart GPs could double or treble their volumes by setting up the facilities in their surgeries - including evenings and weekends!
Congratulations.
"Foreign secretary William Hague gave an award to former Telegraph editor Charles Moore, for writing a hagiography of Margaret Thatcher, who used his acceptance speech to build a precarious connection between my comments about the sponsors, my foolish answerphone scandal at the BBC and the Sachs family's flight, 70 years earlier, from Nazi-occupied Europe. It was a confusing tapestry that Moore spun but he seemed to be saying that a) the calls were as bad as the Holocaust and b) the Sachs family may not've sought refuge in Britain had they known what awaited them. Even for a man whose former job was editing the Telegraph this is an extraordinary way to manipulate information........."
http://www.theguardian.com/culture/2013/sep/13/russell-brand-gq-awards-hugo-boss
The seat consists of all of the Cambridge divisions except Queen Edith's:
https://docs.google.com/spreadsheet/ccc?key=0At91c3wX1Wu5dGR3MnV4ay1OSG5SemoxaVNab185SFE&usp=drive_web#gid=0
What are they?
ComGov
YouRes
Angus-BMRB
TNS-Reid
Ipsos-HARI
Morris
Popinium
Opulus
IPIX
BCM
London.
"• Excluding London and the South East, UK house prices increased by 1.0% in the 12 months to June 2013"
http://www.ons.gov.uk/ons/dcp171778_322716.pdf
Apparently, I have to bring my UKIP party membership card. I had no idea I was supposed to keep it.
Perhaps we'll find out during Labour's trip to the seaside.
*If* it is limited in size and duration, as proposed, it will probably be fine.
If it become permanent or much larger that will most definitely not be a good thing
http://sports.williamhill.com/bet/en-gb/betting/t/3622/UK-Politics.html
Besides, he is making too much money from the Beeb for him to risk an attempt. Remember the trouble the BBC had with Lord Sugar before the 2010 GE? Would the BBC be allowed to show Top Gear during the run-up?
'We're going to have a long list of what the LD's stopped the Toxic Party doing I suspect.'
Kept Labour away from government is sufficient.
'Why do you think that across the political and economic spectrum all commentators have latched onto the recklessness of Help To Buy so quickly?'
At least we can all agree that Labour would be pursuing an identical policy
http://www.conservatives.com/News/News_stories/2013/02/Kevin_Foster_selected_as_Conservative_candidate_for_Torbay.aspx
http://sports.williamhill.com/bet/en-gb/betting/g/1744492/Next-Government.html
Just out BBC/ComRes survey of 580 LD councillors on Clegg's successor
Cable 38%
Farron 27%
Alexander 10%
Swinson 7%
Davey 6%
Webb 5%
http://sports.williamhill.com/bet/en-gb/betting/g/1744492/Next-Government.html
Rather the Conservative party has an obligation to earn the support of those voters.
If it is unable to do so through having the wrong people or the wrong policies then it has nobody to blame but itself.
And not the voters or the parties they do vote for.
Detainees at Yarl's Wood immigration centre 'facing sexual abuse'
Ex-inmate alleges that guards 'preyed on isolated women' at institution run by Serco, and claims cover-up
http://www.theguardian.com/uk-news/2013/sep/14/detainees-yarls-wood-sexual-abuse