And now back down to $1.1065 off the back of the #10 and OBR meeting and subsequent announcements. It was $1.1228 prior to the meeting.
[Politics] Liz Truss **RESIGNS 20/10/2022**
- Thread starter Ethelwulf
- Start date
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And now back down to $1.1065 off the back of the #10 and OBR meeting and subsequent announcements. It was $1.1228 prior to the meeting.
Pevenseagull
Anti-greed coalition
- Jul 20, 2003
- 19,847
We know so very many of you have suffered terribly under this administration but don't waste your sacrifices now by stopping us from carrying out our masterplan/ final solution.
Pevenseagull
Anti-greed coalition
- Jul 20, 2003
- 19,847
Weather v Climate Change.
So, how long until the Tory party knives come out?
All of the polls released this week, where the field work was all done after the "fiscal event", show a significant worsening for Tory party and a much stronger Labour position. 6 polls released showing massive Labour leads:
- FindOutNow 17% (up from 6% back in Feb)
- Deltapoll 19% (up from 13% in immediate aftermath of the event, and 10% just before)
- Redfield & Wilton 17% (up from 13% in immediate aftermath of the event, and 10% immediately before)
- YouGov 33% (up from 17% in immediate aftermath of the event, and 8% immediately before)
- Techne 20% (up from 7%)
- Survation 21% (up from 10% before Truss became PM)
Don't think I believe that YouGov one - but a real figure around 20% wouldn't surprise me.
I'd expect Kantar and Savanta ComRes to have new polls out soon as well. Kantar did one recently (just a 4% Labour lead), but it straddles the fiscal event and we don't know how much of it was done before the event. GB News get frequent polls done by PeoplePolling that were running weekly in the lead up to the fiscal event - the last 3 all showed a 12% Labour lead, and they must be due to release another one either today or Monday (assuming GB News were brave enough to commission it / allow it to be released).
All of the polls released this week, where the field work was all done after the "fiscal event", show a significant worsening for Tory party and a much stronger Labour position. 6 polls released showing massive Labour leads:
- FindOutNow 17% (up from 6% back in Feb)
- Deltapoll 19% (up from 13% in immediate aftermath of the event, and 10% just before)
- Redfield & Wilton 17% (up from 13% in immediate aftermath of the event, and 10% immediately before)
- YouGov 33% (up from 17% in immediate aftermath of the event, and 8% immediately before)
- Techne 20% (up from 7%)
- Survation 21% (up from 10% before Truss became PM)
Don't think I believe that YouGov one - but a real figure around 20% wouldn't surprise me.
I'd expect Kantar and Savanta ComRes to have new polls out soon as well. Kantar did one recently (just a 4% Labour lead), but it straddles the fiscal event and we don't know how much of it was done before the event. GB News get frequent polls done by PeoplePolling that were running weekly in the lead up to the fiscal event - the last 3 all showed a 12% Labour lead, and they must be due to release another one either today or Monday (assuming GB News were brave enough to commission it / allow it to be released).
People are like goldfish when it comes to politics. One or two weeks of nice and quiet and maybe even one or two good news about something, and those numbers will go back to what they were-ish.
Huge bills through the (virtual) letterbox over coming months will focus minds a bit...
Machiavelli
Well-known member
YouGov and People Polling have been giving Lab the biggest leads since I've been paying more attention (last few months)
https://twitter.com/timespolitics/status/1575815192759472128?s=20&t=pAvUGmui9AiMqgE5syJQCw
[tweet]1575815192759472128[/tweet]
[tweet]1575815192759472128[/tweet]
Fantastic. That should calm everything down nicely.
There's nothing the markets like better than a bit of secrecy and a total lack of oversight.
Pevenseagull
Anti-greed coalition
- Jul 20, 2003
- 19,847
Wouldn't it be available under The Freedom Of Information Act?
Another 30 point poll lead
[tweet]1575817377874419712[/tweet]
[tweet]1575817377874419712[/tweet]
Will depend a lot on what happens next. If you look back at the polling history over the last 12 months, the goldfish effect hasn't really kicked in at any point. The only significant recovery in the polls that Boris enjoyed was off the back of Russia starting their invasion, and most likely driven by a reluctance to back a government change at such a time. That effect only last for a month or so before the gap started to widen again.
I'm sure there's an element of shock driving the current polling numbers and they will revert somewhat over time, but at the same time people won't forget this in a hurry because they'll get a timely remind from the BoE every time the base rate gets increased.
IMO the Truss era is dead before it has had a chance to get started. Just a matter of time before MPs start to make the moves that will eventually result in a resignation or a rule change to allow an early challenge.
Yup. Just what the markets needed. Thank god we didn’t get Corbyn in charge with his chaos & disastrous economic plans the Tories threatened he’d implement. If you don’t think about it, Truss is actually quite good.
Is it PotG?
Thrifty non-licker
We'd all still be living in the lap of luxury with free Wi-fi though.
Steve Foster
Well-known member
Hurrah - Some good news.
UK is not in recession as second quarter GDP grows 0.2%
In Liz we trust?
UK is not in recession as second quarter GDP grows 0.2%
In Liz we trust?
studio150
Well-known member
I'm far more worried about quarter 4 which unless something happens will be full blown Lizonomics.
What exactly was her role in the shaping the second quarter of this year?
Pevenseagull
Anti-greed coalition
- Jul 20, 2003
- 19,847
Great, that'll mean they won't cut benefits in real terms vs the rampant inflation.
The OBR are clearly not independent if the government decide when they do their calculations and when they issue the report
Uh_huh_him
Well-known member
- Sep 28, 2011
- 11,005
This made me chuckle
[TWEET]1575200680264208385[/TWEET]
[TWEET]1575200680264208385[/TWEET]