Starmer's vision quest

[TailWindHome]

I think there's an admission here somewhere that the markets are content with Reeves

 

[briantrumpet]

I think there's an admission here somewhere that the markets are content with Reeves

Maybe something to do with her recognising that a closer trading relationship with the EU would be beneficial 😉

 

[Shortfall]

I think there's an admission here somewhere that the markets are content with Reeves

Stick around.

 

[icowden]

You do realise that more people voted for a Starmer led Labour Party in 2024.

I'm not so sure about this one. The net result was that more people voted for a Starmer led Labour Party but I'm strongly of the opinion that it wasn't about voting *for* Labour but voting in whichever direction would unseat a Tory MP. Thus representation for Lib Dems rocketed and Greens and Reform all improved.

I don't recall anyone enthusing about how Starmer would be the next great leader...

 

[TailWindHome]

Stick around.

Again. That's just pointing out that the markets don't want a change in Chancellor

 

[Shortfall]

Again. That's just pointing out that the markets don't want a change in Chancellor

As I understand it Government borrowing costs were at higher sustained levels under Reeves in 2024/25 than under Truss. That's the money markets warning Reeves that they're very cautious about lending her more money. Always worth remembering the warning from history about things going wrong very slowly at first, then all of a sudden but if you're wanting to make the case that Reeves is doing a good job as Chancellor then I'm more than happy to hear your rationale.

 

[Dorset Boy]

PMQs got a bit spicy today, and Starmer lost his cool when Ed Davey piled in to him. Ed Davey's reaction to him was he had clearly touched a raw nerve!

 

[First Aspect]

Maybe rational, but unwise, and rather poorly phrased, as not only did it sound like he expected Starmer to adapt his politics to suit Sarwar's local needs, he didn't give himself any space for manoeuvre. Maybe he expected a flood of other people to wield knives so didn't need an escape hatch, but either he had faulty info or just badly misjudged, based on the media frenzy.

Talented politicians in Scotland (other than those of the SNP persuasion) have two general options to aspire to. MP, MSP. Unless you are of the SNP persuasion, you understand that an MSP is closer to local councillor than it is to prime minister, with the First Minister being more like the Mayor of London of greater Manchester than PM.

Where do you think most of the talent ends up. Westminster or Holyrood?

To my mind this makes the SNP people in Holyrood look good, because they send bulldogs to Westminster and reserve their best to run the independent country that doesn't exist.

 

[BoldonLad]

You do realise that more people voted for a Starmer led Labour Party in 2024.

More than what?, certainly not more than voted for other options, if I recall, Labour got approximately 34% of the votes, which means, they did not get the other 66%.

With a turn out of approximately 60%.

To me, that means a LOT of the voting age population did not vote for Starmer (or Labour), which may explain the level of complaining (not that I have sympathy with those who do not vote, "don't vote?, then, don't complain" is my motto.

 

[First Aspect]

More than what?, certainly not more than voted for other options, if I recall, Labour got approximately 34% of the votes, which means, they did not get the other 66%.

Yup, pretty widely noted that it was a weak landslide.

Also widely predicted, by which I mean by me, that the main opposition party was actually Labour rather than the Tories.

 

[BoldonLad]

Yup, pretty widely noted that it was a weak landslide.

Also widely predicted, by which I mean by me, that the main opposition party was actually Labour rather than the Tories.

well done 😂

 

[TailWindHome]

As I understand it Government borrowing costs were at higher sustained levels under Reeves in 2024/25 than under Truss. That's the money markets warning Reeves that they're very cautious about lending her more money. Always worth remembering the warning from history about things going wrong very slowly at first, then all of a sudden but if you're wanting to make the case that Reeves is doing a good job as Chancellor then I'm more than happy to hear your rationale.

Nothing in there to refute the suggestion that the markets are content with Reeves as Chancellor. Furthermore they seem to have reacted positively to the November statements. In fact I recall people on here howling for her to go as the public finances were in *better* shape than they thought.

Obviously the economic hellscape of your imagination may tell a different story

 

[BoldonLad]

Nothing in there to refute the suggestion that the markets are content with Reeves as Chancellor. Furthermore they seem to have reacted positively to the November statements. In fact I recall people on here howling for her to go as the public finances were in *better* shape than they thought.

Obviously the economic hellscape of your imagination may tell a different story

My uneducated view would be that the markets are happier with Reeves than they would be with the uncertainty of who might replace her, a case of "better the devil you know". In the case of markets, "happiness" is relative, IMHO.

 

[TailWindHome]

PMQs got a bit spicy today, and Starmer lost his cool when Ed Davey piled in to him. Ed Davey's reaction to him was he had clearly touched a raw nerve!

Starmer was woeful but Badenoch just not agile enough to give him the beating he deserved*



* based on listening to 5 of her 6 questions

 

[secretsqirrel]

More than what?, certainly not more than voted for other options, if I recall, Labour got approximately 34% of the votes, which means, they did not get the other 66%.

With a turn out of approximately 60%.

To me, that means a LOT of the voting age population did not vote for Starmer (or Labour), which may explain the level of complaining (not that I have sympathy with those who do not vote, "don't vote?, then, don't complain" is my motto.

He got the mandate under the rules by which general elections operate. It may not be fair but Labour played the rules and got a landslide. That was down to McSweeney, he has his uses I suppose.

I thought that bit was quite straight forward, but I forgot the nuance bit.

I mean, ask any brexiteer they would say, get over it wouldn’t they?