Most Popular
1. THE INFLATION MONSTER is Forecasting RECESSION - Nadeem_Walayat
2.Why APPLE Could CRASH the Stock Market! - Nadeem_Walayat
3.The Stocks Stealth BEAR Market - Nadeem_Walayat
4.Inflation, Commodities and Interest Rates : Paradigm Shifts in Macrotrends - Rambus_Chartology
5.Stock Market in the Eye of the Storm, Visualising AI Tech Stocks Buying Levels - Nadeem_Walayat
6.AI Tech Stocks Earnings BloodBath Buying Opportunity - Nadeem_Walayat
7.PPT HALTS STOCK MARKET CRASH ahead of Fed May Interest Rate Hike Meeting - Nadeem_Walayat
8.50 Small Cap Growth Stocks Analysis to CAPITALISE on the Stock Market Inflation -Nadeem_Walayat
9.WE HAVE NO CHOICE BUT TO INVEST IN STOCKS AND HOUSING MARKET - Nadeem_Walayat
10.Apple and Microsoft Nuts Are About to CRACK and Send Stock Market Sharply Lower - Nadeem_Walayat
Last 7 days
AI Tech Stock PORTFOLIO NAME OF THE GAME - 29th June 22
Rebounding Crude Oil Gets Far Away from the Bearish Side - 29th June 22
UK House Prices - Lets Get Jiggy With UK INTEREST RATES - 28th June 22
GOLD STOCKS ARE WORSE THAN GOLD - 28th June 22
This “Bizarre” Chart is Wrecking the Stock Market - 28th June 22
Recession Question Answered - 28th June 22
Technical Analysis: Why You Should Expect a Popularity Surge - 28th June 22
Have US Bonds Bottomed? - 27th June 22
Gold Junior Miners: A Bearish Push Is Coming to Move Them Lower - 27th June 22
Stock Market Watching Out - 27th June 22
The NEXT BIG EMPIRE WILL BE..... CANZUK - 25th June 22
Who (or What) Is Really in Charge of Bitcoin's Price Swings? - 25th June 22
Crude Oil Price Forecast - Trend Breaks Downward – Rejecting The $120 Level - 25th June 22
Everyone and their Grandma is Expecting a Big Stocks Bear Market Rally - 23rd June 22
The Fed’s Hawkish Bite Left Its Mark on the S&P 500 Stocks - 23rd June 22
No Dodging the Stock Market Bullet - 23rd June 22
How To Set Up A Business To Better Manage In The Free Market - 23rd June 22
Why Are Precious Metals Considered A Good Investment? Find Out Here - 23rd June 22
UK House Prices and the Inflation Mega-trend - 22nd June 22
Sportsbook Betting Reviews: How to Choose a Sportsbook- 22nd June 22
Looking to buy Cannabis Stocks? - 22nd June 22
UK House Prices Momentum Forecast - 21st June 22
The Fed is Incompetent - Beware the Dancing Market Puppet - 21st June 22
US Economy Headed for a Hard Landing - 21st June 22
How to Invest in EU - New Opportunities Uncovered - 21st June 22
How To Protect Your Assets During Inflation - 21st June 22
AI Tech Stocks Current State, Is AMAZON a Dying Tech Giant? - 20th June 22
Gold/Gold miners fundamental checkup - 20th June 22
Personal Finance Tips: How To Get Out Of A Tough Financial Situation - 20th June 22
UK House Prices Relative to GDP Growth - 19th June 22
Will Global Markets Be Pushed Deeper Into Crisis Event By The US Fed? - 19th June 22
Useful Things You Need To Know About Tweezer Top Candlestick Pattern - 19th June 22

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Vote Yes to AV or No More Labour Governments

ElectionOracle / UK Politics May 03, 2011 - 09:50 AM GMT

By: Submissions

ElectionOracle

Labour has 48 hours to wake up and vote Yes to AV warns influential centre-left campaign group
Without a yes vote in Thursday’s referendum Gordon Brown’s administration could be the last Labour government ever according to the influential centre-left pressure group Compass.


At least three factors could combine, without a Yes vote on Thursday, to lock Labour out of power for good. Electoral boundary changes without the offsetting negative impact that AV has on Tory hopes, the rise of the SNP in Scotland and changes to party funding rules that disadvantage Labour, could see the last hope of a Labour government.

Against the odds and expectations Labour won 258 seats at the last election. Boundary changes are expected to ensure that of the 65 seats to go around 45 would be Labour. In Scotland 41 of the current 59 seats are Labour held. With the SNP riding high in the polls the chances of a Scottish breakaway at some stage are stronger than ever. Even without a vote on independence Labour are likely to lose out in Westminster elections to the SNP in the future.

Taking into account any double counting Labour could lose up to 70 seats before the Conservatives try to put a limit on union donations to the parties of around £50,000. Labour already has serious financial problems and needs the unions to be able to fund the next election. Against a Tory government that will want to be cutting taxes and not services in four years time Labour could be fighting from a position not from 258 seats but in effect from less than 200 to get past the new 300 seat wining line. Such an electoral feat is all but impossible.

A yes vote on AV gives Labour a fighting chance. If AV had been used in the last election the Tories would have won 23 less seats according the British Electoral Study. As important as the seats gain, is the creation of a progressive alliance that AV offers. Throughout this campaign Labour Shadow Cabinet members have shared platforms with leading Liberal Democrats and Greens. As John Denham, Chris Huhne and Caroline Lucas said at the weekend “you cannot build a fair society on an unfair politics”.

Neal Lawson Chair of Compass said today: “Labour has just 48 hours to wake up. This is a campaign in which every Tory is voting No and almost every penny of the No campaign comes from Tory supporters. The Tories know a Yes vote gives Labour a lifeline. The outcome of the referendum is in Labour hands. If Labour members and supporters want to see a Labour government again, then voting Yes on Thursday is essential.”

For further information contact Neal Lawson on 07976 292522
- Compass is the UK's most influential political pressure group with over 40,000 members and supporters across the UK. Together we campaign for a more democratic, equal and sustainable society. See www.compassonline.org.uk for more details.
- Neal Lawson is on the Board of the Yes campaign


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in