politicalbetting.com » Blog Archive » Even though he’s projecting that LAB will lost three quarters of its Scottish MPs Baxter HAS the party 32 ahead overall
The monthly prediction from the grand-daddy of general election prediction sites, Electoral Calculus, came out overnight and saw a sharp reduction in LAB seats reflecting the latest polling.
Interesting that he projects 17 LibDem seats Mike. How many do you think they will get?
That means, according to him, 40 yellows up for grabs.
At the end of this week I'll post the first of my 4 pre-election monthly projections and will give the rationale. Some on here will be surprised I think. They will be based on an algorithm with minimal latitude for my own preference.
Interesting that he projects 17 LibDem seats Mike. How many do you think they will get?
That means, according to him, 40 yellows up for grabs.
At the end of this week I'll post the first of my 4 pre-election monthly projections and will give the rationale. Some on here will be surprised I think. They will be based on an algorithm with minimal latitude for my own preference.
Interesting that he projects 17 LibDem seats Mike. How many do you think they will get?
That means, according to him, 40 yellows up for grabs.
At the end of this week I'll post the first of my 4 pre-election monthly projections and will give the rationale. Some on here will be surprised I think. They will be based on an algorithm with minimal latitude for my own preference.
Presumably Lynton is advising you
Mike, how many LibDem seats do you envisage, or would you rather not say because of how it would be seized upon? I can understand if so.
Under that prediction, a Lib-Lab coalition wouldn't quite have a majority, technically. Sinn Fein MPs don't vote in the Commons, but that would still leave Lib-Lab coalition with a minuscule majority. In principle, they could come to some arrangement with the SNP, but I don't see that working well.
We'd probably be looking at another election pretty soon.
I think we are all likely to agree that the Lib Dems will probably have at least 10 more seats than this so the question must be at whose expense?
I also think that the SNP will not do quite as well as this which will give Labour perhaps another 10 seats. Add these together and Labour are still short of a majority but even further ahead of the Tories. It shows how far the Tories have to improve from their current position. I cannot recall an election campaign that has had that sort of impact since at least 1992. It is not impossible that this will swing the tory's way but it seems a big ask to me and it gets bigger the longer the two main parties stay pretty much locked together. If the Tories are to be the largest party they need to move decisively ahead and soon. So far there is no sign of that.
I should also say that although I am confident that the Lib Dems will get more seats than this I am getting less confident that their share of the vote will increase markedly for very similar reasons to the Tories. Their loss of 2/3 of their 2010 vote is looking increasingly permanent. I still think they will claw back some support but they may struggle to get to 50% of their vote in 2010. I think that improvement will come at the cost of Labour and the greens and will shave another couple of percent off Labour but the effect is not going to be as great as the Tories once hoped.
I think we are all likely to agree that the Lib Dems will probably have at least 10 more seats than this
Absolutely not and don't try and claw everyone in to your own preference. There are reasoned arguments for and against the LibDems being either side of Baxter's 17 seats based on current polling.
If the Tories are to be the largest party they need to move decisively ahead and soon. So far there is no sign of that.
With five parties, plus the Nationalists, now in contention to one extent or another, there is, I think, more potential than normal for the campaign itself to change voting intention. It also means that the connection between national polling numbers and seats won could be more distorted than normal.
Excepting the scenario where the campaign of one side self-destructs, I think this election will be competitive right down to the wire.
I think we are all likely to agree that the Lib Dems will probably have at least 10 more seats than this
Absolutely not and don't try and claw everyone in to your own preference. There are reasoned arguments for and against the LibDems being either side of Baxter's 17 seats based on current polling.
I did my own trawl of the LD seats yesterday and came to 29. I see Slugger O'toole came to 30, and Shadsy's bar is 28.5.
If the Tories are to be the largest party they need to move decisively ahead and soon. So far there is no sign of that.
With five parties, plus the Nationalists, now in contention to one extent or another, there is, I think, more potential than normal for the campaign itself to change voting intention. It also means that the connection between national polling numbers and seats won could be more distorted than normal.
Excepting the scenario where the campaign of one side self-destructs, I think this election will be competitive right down to the wire.
It seems quite likely that the wheels will fall off at least one campaign. Nonetheless this is going to be a very uncertain election. Possible that stock markets may wobble a bit and create some value too.
I should also say that although I am confident that the Lib Dems will get more seats than this I am getting less confident that their share of the vote will increase markedly for very similar reasons to the Tories. Their loss of 2/3 of their 2010 vote is looking increasingly permanent. I still think they will claw back some support but they may struggle to get to 50% of their vote in 2010. I think that improvement will come at the cost of Labour and the greens and will shave another couple of percent off Labour but the effect is not going to be as great as the Tories once hoped.
A shift of 1% leaves the parties at Con 279, Lab 286, even without any incumbency factor, so there's everything to play for.
@tnewtondunn: EXCL: Ed Miliband’s former friend Martin Winter warns Labour may lose 20 seats to UKIP because of him http://t.co/E5Qxk1oqqA
My prediction for UKIP is 3-4 seats, but I expect that at least one of these will be in an unexpected place, so have picked out a few in the second tier with tempting odds, but 20 from Labour? Not likely.
I think we are all likely to agree that the Lib Dems will probably have at least 10 more seats than this
Absolutely not and don't try and claw everyone in to your own preference. There are reasoned arguments for and against the LibDems being either side of Baxter's 17 seats based on current polling.
I did my own trawl of the LD seats yesterday and came to 29. I see Slugger O'toole came to 30, and Shadsy's bar is 28.5.
I placed a few stakes as a result.
The last time the LibDems polled in single figures they won 6 seats.*
Leaving aside the wisdom or not of attacking Boots I must say I had some sympathy with Labour's response to Pessina's comments i.e. that a tax exile living in Monaco may not have the best view of what's best for Britain.
If Labour do form a government, it will be taxpayers here who bear the brunt not those who neither live nor vote here.
@tnewtondunn: EXCL: Ed Miliband’s former friend Martin Winter warns Labour may lose 20 seats to UKIP because of him http://t.co/E5Qxk1oqqA
Where on earth does he get 20 from ?
5, on a bad night for Labour - maybe.
Dudley North, Rother Valley, Rotherham, Great Grimsby - can't see so many others.
Leicester West is one of my longer shot UKIP bets. The demographics are more WWC than the other Leicester seats, and there is significant EU migration. I can see that the Tories and others here voting a bit tactically. Should be a safe hold for Liz Kendall, unless the Labour campaign collapses in chaos.
Baxter is self-evidently not taking into account personal votes for incumbent LD MPs and I honestly think that will lead to his projection being inaccurate on election day.
Baxter is self-evidently not taking into account personal votes for incumbent LD MPs and I honestly think that will lead to his projection being inaccurate on election day.
Southport is a Con gain according to this on UNS I think, one look at the Ashcroft poll shows Pugh's personal vote.
Leaving aside the wisdom or not of attacking Boots I must say I had some sympathy with Labour's response to Pessina's comments i.e. that a tax exile living in Monaco may not have the best view of what's best for Britain.
If Labour do form a government, it will be taxpayers here who bear the brunt not those who neither live nor vote here.
The tax antics of Boots, Google, Amazon, Starbucks etc show why we need some sort of viable turnover tax. It should be a priority at the Treasury, whatever the colour of the government. Having paid my Self Assessment this weekend, I get annoyed at these shysters that pay next to nothing.
@tnewtondunn: EXCL: Ed Miliband’s former friend Martin Winter warns Labour may lose 20 seats to UKIP because of him http://t.co/E5Qxk1oqqA
Where on earth does he get 20 from ?
5, on a bad night for Labour - maybe.
Dudley North, Rother Valley, Rotherham, Great Grimsby - can't see so many others.
Leicester West is one of my longer shot UKIP bets. The demographics are more WWC than the other Leicester seats, and there is significant EU migration. I can see that the Tories and others here voting a bit tactically. Should be a safe hold for Liz Kendall, unless the Labour campaign collapses in chaos.
There are a few of us on here who are on Kendall for leader at long odds who will hope you are wrong that there's a risk in her back yard!
Mr. Foxinsox, turnover tax sounds like madness. If a business makes 0 profit but has a £300,000 turnover, asking it to be taxed (as a business) is silly.
@tnewtondunn: EXCL: Ed Miliband’s former friend Martin Winter warns Labour may lose 20 seats to UKIP because of him http://t.co/E5Qxk1oqqA
Where on earth does he get 20 from ?
5, on a bad night for Labour - maybe.
Dudley North, Rother Valley, Rotherham, Great Grimsby - can't see so many others.
I think he misspoke himself maybe. I can't see UKIP getting 20 seats, I can easily see Labour losing 20 seats because their majority wanders off to UKIP and the CONs or the LDs get the seat, but I suspect the same is going to happen to CON seats as well.
@tnewtondunn: EXCL: Ed Miliband’s former friend Martin Winter warns Labour may lose 20 seats to UKIP because of him http://t.co/E5Qxk1oqqA
Where on earth does he get 20 from ?
5, on a bad night for Labour - maybe.
Dudley North, Rother Valley, Rotherham, Great Grimsby - can't see so many others.
Leicester West is one of my longer shot UKIP bets. The demographics are more WWC than the other Leicester seats, and there is significant EU migration. I can see that the Tories and others here voting a bit tactically. Should be a safe hold for Liz Kendall, unless the Labour campaign collapses in chaos.
There are a few of us on here who are on Kendall for leader at long odds who will hope you are wrong that there's a risk in her back yard!
I am backing Liz at 50/1 too, but I looked at all the local seats for predictors of kipperism and came up with this one and Burton (If ever there was a town eager to elect a Man in a Pub!).
Both should be safe Labour really, just worth covering if kipper surgers are not completely demented.
Conservative gains market seems to be based off of UNS - 16 -20 gains at 6-4 is a nonsense price when you compare it to individual seat prices
Anyway due to the sticky nature and massive personal votes of Lib Dems particularly in Lib Dem-Conservative contests (Lib Dem vs SNP and Lib Dem vs Labour are a different matter altogether)
1-5 at 14-1 is value.
6-10 3-1 is a fair price, but I'm on that already at 11-2.
Conservative gains market seems to be based off of UNS - 16 -20 gains at 6-4 is a nonsense price when you compare it to individual seat prices
Anyway due to the sticky nature and massive personal votes of Lib Dems particularly in Lib Dem-Conservative contests (Lib Dem vs SNP and Lib Dem vs Labour are a different matter altogether)
1-5 at 14-1 is value.
6-10 3-1 is a fair price, but I'm on that already at 11-2.
I'm saying this as someone who has piled against the yellows in Solihull, Wells and Somerton & Frome btw - DYOR.
Conservative gains market seems to be based off of UNS - 16 -20 gains at 6-4 is a nonsense price when you compare it to individual seat prices
Anyway due to the sticky nature and massive personal votes of Lib Dems particularly in Lib Dem-Conservative contests (Lib Dem vs SNP and Lib Dem vs Labour are a different matter altogether)
1-5 at 14-1 is value.
6-10 3-1 is a fair price, but I'm on that already at 11-2.
I think so too. Though my forecast was for 10 Con gains.
Leaving aside the wisdom or not of attacking Boots I must say I had some sympathy with Labour's response to Pessina's comments i.e. that a tax exile living in Monaco may not have the best view of what's best for Britain.
If Labour do form a government, it will be taxpayers here who bear the brunt not those who neither live nor vote here.
The tax antics of Boots, Google, Amazon, Starbucks etc show why we need some sort of viable turnover tax. It should be a priority at the Treasury, whatever the colour of the government. Having paid my Self Assessment this weekend, I get annoyed at these shysters that pay next to nothing.
The tax antics of those who pay by self assessment need to be sorted out, there are far too many things that are allowable/claimed against tax that are not open to r the humble PAYE taxpayer
@tnewtondunn: EXCL: Ed Miliband’s former friend Martin Winter warns Labour may lose 20 seats to UKIP because of him http://t.co/E5Qxk1oqqA
Where on earth does he get 20 from ?
5, on a bad night for Labour - maybe.
Dudley North, Rother Valley, Rotherham, Great Grimsby - can't see so many others.
Leicester West is one of my longer shot UKIP bets. The demographics are more WWC than the other Leicester seats, and there is significant EU migration. I can see that the Tories and others here voting a bit tactically. Should be a safe hold for Liz Kendall, unless the Labour campaign collapses in chaos.
There are a few of us on here who are on Kendall for leader at long odds who will hope you are wrong that there's a risk in her back yard!
I am backing Liz at 50/1 too, but I looked at all the local seats for predictors of kipperism and came up with this one and Burton (If ever there was a town eager to elect a Man in a Pub!).
Both should be safe Labour really, just worth covering if kipper surgers are not completely demented.
Hah I arbed Burton with Conservative and Labour when the prices were both wrong (The Con one was too long at 4-6 actually) but I made sure to take 100-1 on UKIP there - struck me as the sort of place that could do my money if I didn't take a saver there
@MaxWindCowie: Tad confused. Boots boss should STFU because he lives in Europe but business leaders are right to be worried about leaving the EU. Got that?
Boots derives a large portion of its revenue from public funds (they say 40%), while avoiding an estimated £1.2 billion in taxes over the past seven years by claiming tax relief on costs that have nothing to do with the UK business. - See more at: http://www.taxresearch.org.uk/Blog/2014/06/11/pay-up-boots/#sthash.WQs5N7mv.dpuf
Presumably Ed closing this little loophole would be a disaster for whom?
The Lib Dems will retain atleast 30 seats, because where they are popular, they remain so. Look at the council by-election results, near where they have an MP. They have retained seats and even won them from other parties.
I think the predictions showing Labout and Tories both with around 280 seats is probably about right. It will then be about which party can form a coalition and it may take a few weeks to resolve. I think the Lib Dems may opt to work with Labour and the SNP will offer limited support from opposition.
The Lib Dems will retain atleast 30 seats, because where they are popular, they remain so. Look at the council by-election results, near where they have an MP. They have retained seats and even won them from other parties.
I think the predictions showing Labout and Tories both with around 280 seats is probably about right. It will then be about which party can form a coalition and it may take a few weeks to resolve. I think the Lib Dems may opt to work with Labour and the SNP will offer limited support from opposition.
Another scenario is Con + LD + DUP, not in coalition as such but with a confidence and supply arrangement. If you assume the LDs get 30 seats and the DUP 8, that means the Tories would have to reach 285 to make it possible. At the moment it looks like they might just be able to reach that level.
The Lib Dems will retain atleast 30 seats, because where they are popular, they remain so. Look at the council by-election results, near where they have an MP. They have retained seats and even won them from other parties.
I think the predictions showing Labout and Tories both with around 280 seats is probably about right. It will then be about which party can form a coalition and it may take a few weeks to resolve. I think the Lib Dems may opt to work with Labour and the SNP will offer limited support from opposition.
If the Conservatives have 280 seats and the Lib Dems have 30 or so, the two together will not command a majority. So there would be a Labour-led government of some variety.
The Lib Dems will retain atleast 30 seats, because where they are popular, they remain so. Look at the council by-election results, near where they have an MP. They have retained seats and even won them from other parties.
I think the predictions showing Labout and Tories both with around 280 seats is probably about right. It will then be about which party can form a coalition and it may take a few weeks to resolve. I think the Lib Dems may opt to work with Labour and the SNP will offer limited support from opposition.
If they are both on around 280, then surely it would be a continuation of present coalition? Cameron gets first go as PM. Clegg is hardly going to be busting a gut to go with Labour.
What would he get from Lab that couldn't get from Tories? Possibly House of Lords reform - as it seems clear Cameron will struggle to deliver this even if he wants to.
@BBCNormanS: Labour say "lot of public resentment" over Boots boss 'catastrophe' comments and "this is an argument we can win"
Really?
He said Ed would be a disaster. That is not an argument that is readily winnable...
Agreed..
"Lots of public resentment" falls in the same league as "everyone knows" the "British public recognises" etc etc for when Labour haven't got a clue let alone any proof that anyone supports there point being put forward but have to make it seem like everyone is behind them so they can big up what they saying. Most commonly used when the NHS is mentioned used a lot by Miliband and also by Burnham. Link to any speech on anything by Ed and most stuff by Burnham.
Leaving aside the wisdom or not of attacking Boots I must say I had some sympathy with Labour's response to Pessina's comments i.e. that a tax exile living in Monaco may not have the best view of what's best for Britain.
If Labour do form a government, it will be taxpayers here who bear the brunt not those who neither live nor vote here.
The tax antics of Boots, Google, Amazon, Starbucks etc show why we need some sort of viable turnover tax. It should be a priority at the Treasury, whatever the colour of the government. Having paid my Self Assessment this weekend, I get annoyed at these shysters that pay next to nothing.
For sure and the first party to really take an interest in sorting tax out and chasing these lowlifes will walk an election. Neither Tories or Labour are really interested in fixing it.
Mr. Foxinsox, turnover tax sounds like madness. If a business makes 0 profit but has a £300,000 turnover, asking it to be taxed (as a business) is silly.
The problem is that corporations making squillions can reduce that taxable profit to zero by setting up another company that charges the operating company for marketing or patent licensing or some such. This other company will be based in a low-tax country. In real life it is more complicated as dozens of shell companies are used to shuffle money round the world. If you google "Hollywood accounting" to see why no film, no matter how successful, ever makes a net profit, the principles are the same but more entertaining and easier to follow.
At the £300,000 level of your comment, the issue is more likely a sole trader or small business owner taking money as dividends rather than salary, and therefore being taxed at a lower rate.
EDIT Doubtless the real tax experts will comment later.
Boots derives a large portion of its revenue from public funds (they say 40%), while avoiding an estimated £1.2 billion in taxes over the past seven years by claiming tax relief on costs that have nothing to do with the UK business. - See more at: http://www.taxresearch.org.uk/Blog/2014/06/11/pay-up-boots/#sthash.WQs5N7mv.dpuf
Presumably Ed closing this little loophole would be a disaster for whom?
If Ed does close that loophole will he do the same with the Guardian Media Group?
Boots derives a large portion of its revenue from public funds (they say 40%), while avoiding an estimated £1.2 billion in taxes over the past seven years by claiming tax relief on costs that have nothing to do with the UK business. - See more at: http://www.taxresearch.org.uk/Blog/2014/06/11/pay-up-boots/#sthash.WQs5N7mv.dpuf
Presumably Ed closing this little loophole would be a disaster for whom?
It would be a disaster for UK PLC when the company put up its prices to cover its loses.
The Lib Dems will retain atleast 30 seats, because where they are popular, they remain so. Look at the council by-election results, near where they have an MP. They have retained seats and even won them from other parties.
I think the predictions showing Labout and Tories both with around 280 seats is probably about right. It will then be about which party can form a coalition and it may take a few weeks to resolve. I think the Lib Dems may opt to work with Labour and the SNP will offer limited support from opposition.
If they are both on around 280, then surely it would be a continuation of present coalition? Cameron gets first go as PM. Clegg is hardly going to be busting a gut to go with Labour.
What would he get from Lab that couldn't get from Tories? Possibly House of Lords reform - as it seems clear Cameron will struggle to deliver this even if he wants to.
Cant see anything other than EICIPM on those numbers Lab and SNP almost maj without Respect Green
"Lots of public resentment" falls in the same league as "everyone knows" the "British public recognises" etc etc for when Labour haven't got a clue let alone any proof that anyone supports there point being put forward but have to make it seem like everyone is behind them so they can big up what they saying.
Sounds like Sir Humphrey anyway.
"Say that the results have been questioned" "What if they haven't?" "Ask some, then they have!"
Leaving aside the wisdom or not of attacking Boots I must say I had some sympathy with Labour's response to Pessina's comments i.e. that a tax exile living in Monaco may not have the best view of what's best for Britain.
If Labour do form a government, it will be taxpayers here who bear the brunt not those who neither live nor vote here.
The tax antics of Boots, Google, Amazon, Starbucks etc show why we need some sort of viable turnover tax. It should be a priority at the Treasury, whatever the colour of the government. Having paid my Self Assessment this weekend, I get annoyed at these shysters that pay next to nothing.
For sure and the first party to really take an interest in sorting tax out and chasing these lowlifes will walk an election. Neither Tories or Labour are really interested in fixing it.
The tories have done nothing but chase people and businesses for tax. All the celebs being chased were in the papers over the weekend. 43000 people are being sued for £7.2 billion in back tax.
@BBCNormanS: Labour say "lot of public resentment" over Boots boss 'catastrophe' comments and "this is an argument we can win"
Really?
He said Ed would be a disaster. That is not an argument that is readily winnable...
Agreed..
"Lots of public resentment" falls in the same league as "everyone knows" the "British public recognises" etc etc for when Labour haven't got a clue let alone any proof that anyone supports there point being put forward but have to make it seem like everyone is behind them so they can big up what they saying. Most commonly used when the NHS is mentioned used a lot by Miliband and also by Burnham. Link to any speech on anything by Ed and most stuff by Burnham.
I think Lab could have turned this very quickly to their advantage by applying an extremely honed response and focussing on it and no other comment. They should have said, "as an individual he is entitled to his opinion - but why is his company HQ in Switzerland?" Just keep hammering on this question. The problem is you have 100s of Labour MPs and Spads who can twitter any old response which the news picks up.
Leaving aside the wisdom or not of attacking Boots I must say I had some sympathy with Labour's response to Pessina's comments i.e. that a tax exile living in Monaco may not have the best view of what's best for Britain.
If Labour do form a government, it will be taxpayers here who bear the brunt not those who neither live nor vote here.
The tax antics of Boots, Google, Amazon, Starbucks etc show why we need some sort of viable turnover tax. It should be a priority at the Treasury, whatever the colour of the government. Having paid my Self Assessment this weekend, I get annoyed at these shysters that pay next to nothing.
For sure and the first party to really take an interest in sorting tax out and chasing these lowlifes will walk an election. Neither Tories or Labour are really interested in fixing it.
Problem is some fool suggested joining the EU, which was designed to make it easy to move your money to low tax jurisdictions, free movement of goods, services, capital and people and all that.
Boots derives a large portion of its revenue from public funds (they say 40%), while avoiding an estimated £1.2 billion in taxes over the past seven years by claiming tax relief on costs that have nothing to do with the UK business. - See more at: http://www.taxresearch.org.uk/Blog/2014/06/11/pay-up-boots/#sthash.WQs5N7mv.dpuf
Presumably Ed closing this little loophole would be a disaster for whom?
It would be a disaster for UK PLC when the company put up its prices to cover its loses.
Your definition of disaster is on par with Boots bloke catastrophe one.
Mr. Foxinsox, turnover tax sounds like madness. If a business makes 0 profit but has a £300,000 turnover, asking it to be taxed (as a business) is silly.
I think Lab could have turned this very quickly to their advantage by applying an extremely honed response and focussing on it and no other comment. They should have said, "as an individual he is entitled to his opinion - but why is his company HQ in Switzerland?" Just keep hammering on this question. The problem is you have 100s of Labour MPs and Spads who can twitter any old response which the news picks up.
Problem is lefties, and Cameroons like to have their cake and eat it. We join a trade block that is explicitly built to let you move your money around it in the most efficient manner possible, that is explicitly designed to let you set up different parts of your company in different regions to run your business in the most efficient manner, and then they bitch when people do just that. We also in a company structure have Directors which are legally required to run the company in the best interests of the shareholders, and then we expect them to run the company in a way that pays more tax when they have legal options to not do so.
A couple of comments on Electoral Calculus in relation to likely Lib Dem seat numbers. First he uses UNS. Many Lib Dems reject this method as they say that it does non reflect the incumbancy factor which is the basis of the LD's fortress strategy.However the 2010 GE results using UNS v 2005 were remarkably close to the actual LD seat numbers. Second Martin Baxter uses a mean of poll results.The mean is heavily influenced by the number of pools by each polling company.Therefore frequent pollsters like You Gov as opposed to the monthly ICM weight the vote sharss he uses.On the whole You gov tend st o under record Lib Dems.Thus the seat results maybe a little on the low side from this factor. Personally my approach will be to use ICM the gold standard shares for the GE, and use UNS calculated seperately for England and Scotland.
Mr. Foxinsox, turnover tax sounds like madness. If a business makes 0 profit but has a £300,000 turnover, asking it to be taxed (as a business) is silly.
Isn't VAT a turnover tax?
No, you are collecting VAT from the end customer on behalf of HMRC, you collect the VAT, deduct from it any VAT you paid to other suppliers and pass on the balance to HMRC. If your inputs and outputs are the same, you might have turned over a lot of money, but you wont be paying any VAT.
I don't take a lot of notice of business leaders when they speak out. They're advocates for their own benefit, in the same way that union leaders are advocates for their members' own parochial interests. The country as a whole is irrelevant. I could add that political parties tend to be exactly the same.
But in two years time, when Pessino makes a case for GB staying in Europe, Labour will be falling over themselves to say "Listen to this man, he knows what he's talking about."
Some of us remember Baxter's forecasts in the last parliament of the Lib Dems getting 0 seats at around a national VI of 13% in polls at the time . It took several months of ridicule before he admitted his then current methodology was rubbish and revamped it .
Another day starts badly for Labour and this time it's the vice chancellors filleting their policies. Having lashed out at Milburn/Hutton and Boots presumably it's time for Labour to tell the profs to STFU.
UKIP 1, LibDems 17 look ball-park. Not sure that Labour will still be 1% ahead come May. I still think Tories could squeak largest party with a 3-4% lead. And given the way the Labour campaign is misfiring, that should be easily exceeded.
If UKIP takes votes disproportionately from Labour in the Midlands, that could certainly influence the outcome in 20 seats. I also reckon that with Labour, LibDems, Greens and UKIP (and MK in Cornwall) all fighting over the same pool of non-Tory votes in the South-west, that will give the blues a springboard for big gains here. Could be very little that isn't coloured blue in Somerset, Devon and Cornwall come May. Exeter* and Yeovil to be a bridge too far in one go, but otherwise, Bristol before the blue tide is halted.
*Exeter is interesting. Taken by Gwyneth Dunwoody in 1966, but 1970 to 1997 solidly blue. Now a red pimple in a sea of blue and yellow. Ten and a half thousand LibDem votes to plunder (not even a candidate yet) should see Labour safe, but the Labour vote has fallen from 49.8% to 38.2% over the last two General Elections. I suspect that UKIP could hold some attraction for the Labour vote there. Another seat where a good UKIP performance could make things tight - their last two outings have been only 3% though.
Comments
That means, according to him, 40 yellows up for grabs.
At the end of this week I'll post the first of my 4 pre-election monthly projections and will give the rationale. Some on here will be surprised I think. They will be based on an algorithm with minimal latitude for my own preference.
Mike, how many LibDem seats do you envisage, or would you rather not say because of how it would be seized upon? I can understand if so.
We'd probably be looking at another election pretty soon.
I also think that the SNP will not do quite as well as this which will give Labour perhaps another 10 seats. Add these together and Labour are still short of a majority but even further ahead of the Tories. It shows how far the Tories have to improve from their current position. I cannot recall an election campaign that has had that sort of impact since at least 1992. It is not impossible that this will swing the tory's way but it seems a big ask to me and it gets bigger the longer the two main parties stay pretty much locked together. If the Tories are to be the largest party they need to move decisively ahead and soon. So far there is no sign of that.
http://www.telegraph.co.uk/news/general-election-2015/11383152/Gordon-Brown-to-promise-Scots-higher-pensions-and-benefits.html
Compared to my ARSE his model is but a historical footnote in the annals of the genre.
Excepting the scenario where the campaign of one side self-destructs, I think this election will be competitive right down to the wire.
I placed a few stakes as a result.
Really?
He said Ed would be a disaster. That is not an argument that is readily winnable...
http://www.theguardian.com/politics/2015/feb/01/francis-maude-step-down-mp-cabinet-office-horsham-general-election
5, on a bad night for Labour - maybe.
Dudley North, Rother Valley, Rotherham, Great Grimsby - can't see so many others.
I'll say more in my 1st GE projection on Feb 8th.
(*1970 as the Liberals).
If Labour do form a government, it will be taxpayers here who bear the brunt not those who neither live nor vote here.
@steve_hawkes: Ed Balls tells Radio 4 Labour are offering a more "pro business agenda" than either the PM or George Osborne - UK PLC would disagree
@Pop_Pendleton: @BBCNormanS @DPJHodges Not in Erewash and Broxtowe they won't. Lots of us work at Boots.
Mr. Foxinsox, turnover tax sounds like madness. If a business makes 0 profit but has a £300,000 turnover, asking it to be taxed (as a business) is silly.
http://www.independent.co.uk/news/uk/politics/labour-faces-crisis-in-scotlandas-yes-voters-stay-with-snp-for-general-election-10016933.html
Both should be safe Labour really, just worth covering if kipper surgers are not completely demented.
Has a Con gains from Lib Dem market
Conservative gains market seems to be based off of UNS - 16 -20 gains at 6-4 is a nonsense price when you compare it to individual seat prices
Anyway due to the sticky nature and massive personal votes of Lib Dems particularly in Lib Dem-Conservative contests (Lib Dem vs SNP and Lib Dem vs Labour are a different matter altogether)
1-5 at 14-1 is value.
6-10 3-1 is a fair price, but I'm on that already at 11-2.
http://newstonoone.blogspot.co.uk/2015/01/bedtime-stories-extending-my-thoughts.html
@MaxWindCowie: Tad confused. Boots boss should STFU because he lives in Europe but business leaders are right to be worried about leaving the EU. Got that?
Trust BJESUS.
Jacks ARSE will be as wildly inaccurate as MCARSE
I don't think UKIP will take any of these but they could put themselves in useful second positions for the next election.
Any "special Labour cases" in Ayrshire ?
http://ericjoyce.co.uk/2015/02/scots-populism/
It's a great shame that such a talented man has such inner demons.
Presumably Ed closing this little loophole would be a disaster for whom?
I think the predictions showing Labout and Tories both with around 280 seats is probably about right. It will then be about which party can form a coalition and it may take a few weeks to resolve. I think the Lib Dems may opt to work with Labour and the SNP will offer limited support from opposition.
"I DONT READ THE ECONOMIST"
(management trainee aged 42)
Perhaps something like
"LABOUR ARE BAD FOR BRITAIN"
(72 year old tax exile owner of Boots living in Monaco)
What would he get from Lab that couldn't get from Tories? Possibly House of Lords reform - as it seems clear Cameron will struggle to deliver this even if he wants to.
"Lots of public resentment" falls in the same league as "everyone knows" the "British public recognises" etc etc for when Labour haven't got a clue let alone any proof that anyone supports there point being put forward but have to make it seem like everyone is behind them so they can big up what they saying. Most commonly used when the NHS is mentioned used a lot by Miliband and also by Burnham. Link to any speech on anything by Ed and most stuff by Burnham.
http://www.theguardian.com/politics/2015/feb/01/2016-general-election-prediction?CMP=share_btn_tw
Author: Prof Paul Whiteley at the University of Essex, co-director of the British Election Study from 2001 to 2012.
What do others think?
At the £300,000 level of your comment, the issue is more likely a sole trader or small business owner taking money as dividends rather than salary, and therefore being taxed at a lower rate.
EDIT Doubtless the real tax experts will comment later.
"Say that the results have been questioned"
"What if they haven't?"
"Ask some, then they have!"
How greedy does global capitalism have to get before PB Tories recognise something needs to be done?
http://www.bbc.co.uk/news/business-30420571
If I ran a bookie that made exactly 0 profit, turnover tax would mean I (effectively) make a loss. [I don't think VAT affects bookies].
First he uses UNS. Many Lib Dems reject this method as they say that it does non reflect the incumbancy factor which is the basis of the LD's fortress strategy.However the 2010 GE results using UNS v 2005 were remarkably close to the actual LD seat numbers.
Second Martin Baxter uses a mean of poll results.The mean is heavily influenced by the number of pools by each polling company.Therefore frequent pollsters like You Gov as opposed to the monthly ICM weight the vote sharss he uses.On the whole You gov tend st o under record Lib Dems.Thus the seat results maybe a little on the low side from this factor.
Personally my approach will be to use ICM the gold standard shares for the GE, and use UNS calculated seperately for England and Scotland.
I don't take a lot of notice of business leaders when they speak out. They're advocates for their own benefit, in the same way that union leaders are advocates for their members' own parochial interests. The country as a whole is irrelevant. I could add that political parties tend to be exactly the same.
But in two years time, when Pessino makes a case for GB staying in Europe, Labour will be falling over themselves to say "Listen to this man, he knows what he's talking about."
http://www.fabians.org.uk/revolt-on-the-left-labours-ukip-problem-and-how-it-can-be-overcome/
"Are Labour going to attack every business leader who speaks out against them? Or just the first half dozen or so?"
Just the first. 'Bogeyman' is always singular
If UKIP takes votes disproportionately from Labour in the Midlands, that could certainly influence the outcome in 20 seats. I also reckon that with Labour, LibDems, Greens and UKIP (and MK in Cornwall) all fighting over the same pool of non-Tory votes in the South-west, that will give the blues a springboard for big gains here. Could be very little that isn't coloured blue in Somerset, Devon and Cornwall come May. Exeter* and Yeovil to be a bridge too far in one go, but otherwise, Bristol before the blue tide is halted.
*Exeter is interesting. Taken by Gwyneth Dunwoody in 1966, but 1970 to 1997 solidly blue. Now a red pimple in a sea of blue and yellow. Ten and a half thousand LibDem votes to plunder (not even a candidate yet) should see Labour safe, but the Labour vote has fallen from 49.8% to 38.2% over the last two General Elections. I suspect that UKIP could hold some attraction for the Labour vote there. Another seat where a good UKIP performance could make things tight - their last two outings have been only 3% though.