Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Friday Stock Market CRASH Following Israel Attack on Iranian Nuclear Facilities - 19th Apr 24
All Measures to Combat Global Warming Are Smoke and Mirrors! - 18th Apr 24
Cisco Then vs. Nvidia Now - 18th Apr 24
Is the Biden Administration Trying To Destroy the Dollar? - 18th Apr 24
S&P Stock Market Trend Forecast to Dec 2024 - 16th Apr 24
No Deposit Bonuses: Boost Your Finances - 16th Apr 24
Global Warming ClImate Change Mega Death Trend - 8th Apr 24
Gold Is Rallying Again, But Silver Could Get REALLY Interesting - 8th Apr 24
Media Elite Belittle Inflation Struggles of Ordinary Americans - 8th Apr 24
Profit from the Roaring AI 2020's Tech Stocks Economic Boom - 8th Apr 24
Stock Market Election Year Five Nights at Freddy's - 7th Apr 24
It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- 7th Apr 24
AI Revolution and NVDA: Why Tough Going May Be Ahead - 7th Apr 24
Hidden cost of US homeownership just saw its biggest spike in 5 years - 7th Apr 24
What Happens To Gold Price If The Fed Doesn’t Cut Rates? - 7th Apr 24
The Fed is becoming increasingly divided on interest rates - 7th Apr 24
The Evils of Paper Money Have no End - 7th Apr 24
Stock Market Presidential Election Cycle Seasonal Trend Analysis - 3rd Apr 24
Stock Market Presidential Election Cycle Seasonal Trend - 2nd Apr 24
Dow Stock Market Annual Percent Change Analysis 2024 - 2nd Apr 24
Bitcoin S&P Pattern - 31st Mar 24
S&P Stock Market Correlating Seasonal Swings - 31st Mar 24
S&P SEASONAL ANALYSIS - 31st Mar 24
Here's a Dirty Little Secret: Federal Reserve Monetary Policy Is Still Loose - 31st Mar 24
Tandem Chairman Paul Pester on Fintech, AI, and the Future of Banking in the UK - 31st Mar 24
Stock Market Volatility (VIX) - 25th Mar 24
Stock Market Investor Sentiment - 25th Mar 24
The Federal Reserve Didn't Do Anything But It Had Plenty to Say - 25th Mar 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Rotherham By-Election Result, Labour Sarah Champion Wins, UKIP 2nd, BNP 3rd

ElectionOracle / UK Politics Nov 29, 2012 - 07:34 PM GMT

By: N_Walayat

ElectionOracle

Labour's Sarah Champion held onto the Rotherham Seat on a sizeable majority, with the UKIP doing well to come 2nd, who benefited form a week of frenzy of reporting surrounding the Rotherham fostering scandal. Whilst the BNP surprised many by beating Respect into 3rd Place, though the facts are that the BNP candidate was the only person to actually reside in Rotherham, the rest resided from several miles to hundreds of miles away (Respect) which undoubtedly influenced voters at the ballot box.


Rotherham By-election Results

Party Candidate Votes % Share
Labour Sarah Champion 9,866 46.25%
UKIP Jane Collins 4,648 21.79%
BNP Marlene Guest 1,804 8.46%
Respect Yvonne Ridley 1,778 8.34%
Conservative Simon Wilson 1,157 5.42%
Ind Simon Copley 582 2.73%
Lib Dem Michael Beckett 451 2.11%
TUSC Ralph Dyson 261 1.22%
Ind Paul Dickson 51 0.24%
EDL Clint Bristow 29 0.14%

Turnout 33.8%, down from 59% at the 2010 general election (lost deposits).

Whilst the mainstream press reporting had built itself up into a frenzy of possible expectations for either Respect or UKIP winning the by-election from Labour, however the probable outcome had never remained in any doubt that it was near impossible for Labour to lose the Rotherham by-election during the Coalition Governments mid-term blues as the following articles illustrated.

24 Nov 2012 - Rotherham Election Frenzy, UKIP Fostering Scandal, Campaigning Gets Dirtier by the day

My recent analysis (Rotherham By-election Who Will Win?) concluded that given Labour's large majority of 10,500, and regardless of all of the mud that is flying around, Rotherham still remains a very safe Labour seat, that coupled with the mid-term unpopularity of the Coalition government implies less votes for the Liberal Democrats and Conservatives, which means that the probability still remains extremely high that Labour will win on Thursday, albeit with a much reduced majority.

22 Nov 2012 - Rotherham By-election Who Will Win? Hospice CEO, Journalist or a Priest?

Probability continues to strongly favour Labour's Sarah Champion winning the by-election by a sizeable margin, as the candidate who would probably be in the best interests of the people of Rotherham, Simon Copley, lacks a party machine that can go up against Labour's slick election machine, it remains to be see if Rotherham is in for an election surprise!

Therefore were I to put money on the by-election, I would put it on Labour to win.

14 Nov 2012 - Rotherham By-election Labour Elite Betrays Local People by Dictating Outside MP

Labour goes into the by-election with a strong 10,450 majority, so despite voter anger at having an outsider imposed upon them still has an huge unbridgeable advantage that is enhanced by Coalition Government mid-term blues. So probability strongly favours the Labour candidate winning the by-election, albeit with a smaller majority, because at the end of the day ALL of the other major parties are putting up candidates from outside of Rotherham with the most ridiculous being Respect who had to cross Hadrian's wall to find a candidate, how the hell is someone living in Scotland going to know what the day to day issues of people living in Rotherham are?

Source and Comments: http://www.marketoracle.co.uk/Article37797.html

By Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2012 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 25 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of three ebook's - The Inflation Mega-Trend; The Interest Rate Mega-Trend and The Stocks Stealth Bull Market Update 2011 that can be downloaded for Free.

Stocks Stealth Bull Market Ebook DownloadThe Interest Rate Mega-Trend Ebook DownloadThe Inflation Mega-Trend Ebook Download

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 600 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

© 2005-2022 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