Majorities – politicalbetting.com
Majorities – politicalbetting.com
My view on this market is that a party winning an overall majority is underpriced, in 2024 Labour won a Brobdingnagian majority with just 33.7% of the vote.
1
My view on this market is that a party winning an overall majority is underpriced, in 2024 Labour won a Brobdingnagian majority with just 33.7% of the vote.
Comments
Last night's results couldn't have been any worse for Scotland plus we have a new Disgrace of Gijón, the Disgrace of San Francisco.
https://www.bbc.co.uk/sport/football/live/c8d2e4geze2t
We should kick Australia out of the Commonwealth and stop sharing a monarch with them.
I’d also say it’s when, not if, Burnham proves meh.
Ed Miliband really does have some backing now and clearly a well organised campaign behind him.
‘ Ed Miliband should be Andy Burnham's chancellor, says Harriet Harman.’
https://x.com/skynews/status/2070288220248555731?s=61
So nevertheless I've laid off some NOM and am now green on all outcomes except a Reform majority, which is a comfortable position to be in.
Having said that, at the current prices I don't feel the need to see the path to be a backer when the other options are also difficult to see. I guess that is why the market favours the hung parliament but small shifts can be quite dramatic in this environment.
Edited: wait a minute, maybe Epic Fury wasn't the bombing campaign, but a Delphic assessment of the USA's general reaction to the peace terms.
Depending on who you ask, James Purnell is a Blairite social butterfly, a cross-factional pragmatist, a BBC hipster who dreams in French, a modernizer, a Whitehall machine operator — or all of the above
Most of all, though, he's just Andy Burnham's mate
My profile ⬇️
https://x.com/danbloom1/status/2070402514357252441
I simply noted that she had had a porch added about 15 years ago. They already had a copy of the covenants from our solicitor so the question came directly from the vendors solicitor. I thought they just meant planning permission, which wasn’t needed.
I wouldn’t have volunteered it. But I was truthful in all responses to their questions.
As the original home builder was Yuill I don’t know who’d have enforced it.
And the world will be as one.
I wonder if AC would be permitted!!
So presumably they cannot whip the door out and replace it with a crap plastic one from some shitehawks like Pennine ?
Mind you they are lovely looking houses, for new builds.
First trouble is that the Yellow Peril are famously hard to shift until the election after they become a junior coalition partner.
Second one is that Kemi and Ed aren't Dave and Nick.
No doubt the Mob will be happy to invest there.
When we moved to Yorkshire the house we bought had a covenant placed on it by the builder, effectively no extensions allowed. Why? - No idea.
But as the builder had ceased trading our solicitor advised it was unenforceable, so we ignored it. When we sold we explained the situation and it was not a problem.
Although we refused to accept any new covenants on the plot we bought for our current house, there is an inherited one 'not to interrupt the water supply' to a nearby manor. As far as we can tell the manor no longer exists as an entity.
The whole world of covenants seems a bit of a mess. Great free money for people selling convenant insurance though.
Basic rate to be applied to payments that exceed the tax-free allowance from next year, reports say
Income tax will be automatically deducted from state pensions for millions of retirees under plans being considered by Labour, The Telegraph understands.
Under the plans, the basic 20pc rate of tax could be applied to payments when the value of the state pension rises beyond the tax-free allowance of £12,570 next year.
It comes after Rachel Reeves, the Chancellor, previously said retirees who live only on the state pension would not be forced to pay tax when their income crosses the threshold.
But research commissioned by the Department for Work and Pensions, and circulated within Whitehall, proposes deducting the basic tax rate from all state pension payments before they are sent to retirees.
https://www.telegraph.co.uk/money/pensions/state-pensions/income-tax-to-automatically-come-out-of-state-pension/
https://x.com/maria_drutska/status/2070403688372269522
Ukraine is telling everyone on the peninsula, civilian and military, to leave as soon as possible, and the Kerch Bridge is now the only reliable way out still left, for light vehicles only. There’s extensive disruption to power and water already, with the promise of more disruption to come.
In fact there’s remarkably few reports of any incidents involving the various European fan bases in the US, perhaps the price of the trip filters out the less savoury fans that travel within Europe?
Have tens of thousands of German fans singing “99 Luftballons” after their match.
https://x.com/simonebett/status/2070182172787347613
Here they are doing the flypast for DC’s baseball team, ahead of their match yesterday.
https://x.com/newsairshow/status/2070289519778173401
If that was the case, then another Labour majority and a clear defeat for both Reform and the Tories would clearly see both Farage and Kemi resign. In which case as long as we keep FPTP a new figure would be needed to unite the right as clearly the division between Reform and the Tories would have played a big part in re electing Labour given on the MiC poll this week while a Burnham led Labour leads Reform by just 1% and the Tories by just 4% the Tories and Reform combined are still on 49% of the vote even against Burnham. Who could that figure be? Only one I can see who could do that is Jacob Rees Mogg if he wins back his seat, The Mogg could reunite the right in the same way Corbyn united the left
https://www.bbc.co.uk/news/articles/cj9g7w0xnnjo
They are a party whose only principle seems to be to say what people want to hear.
The daft thing is up here, if they bothered, in Durham, Gateshead and Newcastle they could do really well in some seats and be challengers. But they put no effort in and show no interest.
However State Pension isn't set up to be taxable, to be operated through PAYE or to a cept tax codes so could lead to overpayment issues for those who are already taxed on private/employer pensions.
They could also do with moving it onto a monthly payment schedule rather than the current 4-weekly
If the desire is to eject Labour instead, then the deal fractures and they're down to a focus leaflet defence.
https://x.com/i/status/2070396953158930711
https://x.com/i/status/2070298348460835093
Just because someone's currently indicating they'll vote Reform/Green doesn't make them a lunatic whose vote can never be regained by a more sensible party.
If he does, he will go soon (in October, say) and Labour Majority will be value.
If he goes long, then it's a mix-up.
The thing is pensions are taxable income, the personal allowance is once again below the state pension so tax needs to be paid on the bit above the personal allowance
It will be Putin’s ultimate humiliation to lose what he’s held since 2014, the jewel in the crown of the occupation.
The Lib Dems are working on it, and the advent of Burnham and the coming failure of Farage will shake the political kaleidoscope up quite a bit in the coming months. I would not be writing off the Lib Dems just yet- Gails is still expanding.
Rees Mogg to unite the right is a weird dream of yours
Much like Cabinet Ministers not liking to resign, one suspects there will be immense PLP pressure to not go early.
See you in 2.5 years time
Got to say having wasted 2 years Labour had given Andy a lot of work to do
Oh, and they put on a damn good show, which makes millions of people happy every year.
Worth every penny.