The Conservatives could be in danger of losing more than a dozen seats in their so-called “blue wall” heartlands, a new poll suggests.
YouGov found that voting intention in 53 such constituencies in the south and east of England currently held by the party stood at 44% for the Conservatives, 24% for Labour, 18% for the Liberal Democrats and 9% for the Greens.
“The Conservatives could be set to lose up to 16 seats in their ‘blue wall’ heartlands if an election was held tomorrow,” research manager Patrick English said.
Our new survey of people in ‘Blue Wall’ constituencies shows that the Conservatives could lose up to 16 of these 53 heartland seats.
He said the voting intention figures represent “a change of minus eight for the Conservatives from their 2019 performance in these constituencies, plus four for Labour, a surprising six-point drop for the Liberal Democrats, and a sizable seven-point gain for the Greens”.
Mr English added: “The Conservatives are falling almost twice as fast in the blue wall as they are nationally, with the latest YouGov poll showing them five points down on their 2019 general election showing.”
Advertisement
Those surveyed for the research expressed concerns about the government’s handling of Brexit and the need for people to have their say on local housing developments.
All of the seats voted Remain in the 2016 EU referendum and have a higher-than-average concentration of university degree holders.
More on Conservatives
Boris Johnson currently has a Commons majority of more than 80, with the Tories taking a number of traditional Labour “red wall” constituencies in 2019 on the way to the party’s best election result in decades.
That success means the party would have to lose a number of seats elsewhere, in addition to any “blue wall” reverses, in order to see its status as the largest party in parliament evaporate.
Some have suggested the prime minister has been preoccupied with shoring up Tory support in the former Labour heartlands it now holds, at the expense of traditional Conservative constituencies.
Please use Chrome browser for a more accessible video player
YouGov said its findings suggest that particular result was “no isolated incident”.
The Conservatives won the seat at the last general election in 2019 with a majority of more than 16,000.
But this was overturned by the Liberal Democrats, who won the constituency by 8,028 votes in what was a stunning result.
“If the swings were uniform across all constituencies, Labour would be set to gain a total of nine blue wall seats and the Liberal Democrats three,” Mr English said.
Please use Chrome browser for a more accessible video player
Liberal Democrats take by election seat
“While it would not be anywhere near enough to offset the party’s losses in the so-called red wall in 2019, Labour punching holes in traditional Tory foundations will send alarm bells ringing across Conservative Associations and MPs in the south.”
YouGov said its findings suggest that constituencies such as Chingford and Woodford Green (represented by former cabinet minister and party leader Iain Duncan Smith), Chipping Barnet (currently held by former cabinet minister Theresa Villiers) and Wycombe (represented by prominent Brexiteer and former minister Steve Baker) could change hands.
“A large drop in the Conservative vote share would also severely threaten four other Tory constituencies, including current Foreign Secretary Dominic Raab in Esher and Walton as well as Cambridgeshire South, Cities of London and Westminster, and Guildford,” Mr English said.
YouGov polled 1,141 adults between 20 and 28 July.
A growing demand for US dollar-tied crypto stablecoins could help push down the interest rate, says US Federal Reserve Governor Stephen Miran.
The Donald Trump-appointed Miran told the BCVC summit in New York on Friday that the dollar-pegged crypto tokens could be “putting downward pressure” on the neutral rate, or r-star, that doesn’t stimulate or impede the economy.
If the neutral rate drops, then the central bank would also react by dropping its interest rate, he said.
The total current market cap of all stablecoins sits at $310.7 million according to CoinGecko data, and Miran suggested that Fed research found the market could grow to up to $3 trillion in value in the next five years.
Stephen Miran speaking at a conference in New York on Friday. Source: BCVC
“My thesis is that stablecoins are already increasing demand for US Treasury bills and other dollar-denominated liquid assets by purchasers outside the United States and that this demand will continue growing,” Miran said.
“Stablecoins may become a multitrillion-dollar elephant in the room for central bankers.”
Organizations, including the International Monetary Fund, have warned that stablecoins pose a threat to traditional financial assets and services, as they could potentially compete for customers. US banking groups have also urged Congress to tighten oversight of stablecoins with yield, arguing they could attract would-be bank users.
During his speech, Miran praised the GENIUS Act for setting out clear guidelines and consumer protections, as he indicated that the regulatory framework will play a key role in spurring broader adoption of stablecoins.
“While I tend to view new regulations skeptically, I’m greatly encouraged by the GENIUS Act. This regulatory apparatus for stablecoins establishes a level of legitimacy and accountability congruent with holding traditional dollar assets,” he said, adding:
“For the purposes of monetary policy, the most important aspect of the GENIUS Act is that it requires U.S.-domiciled issuers to maintain reserves backed on at least a one-to-one basis in safe and liquid US dollar–denominated assets.”
The crypto market could soon see some much-needed relief after the US Senate reached an agreement on a three-part budget deal to end the government shutdown, Politico reports.
Pending legislation to fund the US government has more than enough support to pass the 60-vote threshold, Politico reported on Sunday, citing two people familiar with the matter.
It was Republican Senate Majority Leader John Thune’s 15th attempt to win Democratic support for a House-approved bill, putting the record 40-day government shutdown within reach of being lifted.
An official vote is still needed to finalize the agreement.
Ongoing uncertainty over when the US government would reopen has been a key factor holding back Bitcoin (BTC) and the broader crypto market from mounting a rebound.
Bitcoin initially rallied to a new high of $126,080 six days into the government shutdown on Oct. 6, but has since fallen over 17% to $104,370, CoinGecko data shows.
Bitcoin’s fall over the past month saw it drop by double-digit percentage points on Oct. 10 after US President Donald Trump’s announcement of 100% tariffs on China sent shockwaves throughout the markets.
Bitcoin’s change in price since Oct. 1. Source: CoinGecko
Bitcoin rallied 266% after last government shutdown lifted
The last US government shutdown occurred between late December 2018 and late January the following year in Trump’s first term.
After it ended on Jan. 25, 2019, Bitcoin rose over 265% from $3,550 to $13,000 over the next five months.
Prediction markets back shutdown to end this week
Bettors on prediction market Polymarket are backing that the government shutdown will be lifted on Thursday, with the market showing a 54% chance it will happen between Tuesday and Friday.
Amid serious concerns over the editorial mistakes made by the BBC, the downfall of its leaders has been greeted with undisguised glee by many on the right of British politics.
Former prime minister Liz Truss was quick off the mark to retweet gloating posts from Donald Trump and White House press secretary Karoline Leavitt with clapping emojis.
Ms Truss argued not just for the abolition of the licence fee, but for the end of nationalised broadcasting altogether.
X
This content is provided by X, which may be using cookies and other technologies.
To show you this content, we need your permission to use cookies.
You can use the buttons below to amend your preferences to enable X cookies or to allow those cookies just once.
You can change your settings at any time via the Privacy Options.
Unfortunately we have been unable to verify if you have consented to X cookies.
To view this content you can use the button below to allow X cookies for this session only.
Her former cabinet colleague Suella Braverman has also called for the licence fee to be scrapped.
It’s an idea long advocated by Nadine Dorries during her time as culture secretary. The recent Reform convert is particularly pessimistic about the BBC’s future – telling me she believes its “core bias” has worsened in recent years.
“I’m afraid the resignation of Tim Davie will change nothing,” she said. “Under this Labour government overseeing the new appointment… it will probably get worse.”
Please use Chrome browser for a more accessible video player
2:17
Why ‘Teflon Tim’ resigned from BBC
All three politicians were close allies of Boris Johnson, who has been instrumental this week in piling the pressure on the BBC.
He dramatically threatened in the Daily Mail to boycott the licence fee until Tim Davie explained what happened with the Trump Panorama documentary – or resigned.
Shadow culture secretary Nigel Huddleston told Sky News “we want them to be successful” – but he and his boss Kemi Badenoch are calling for wide-ranging editorial reforms to end what they describe as “institutional bias”.
Their list calls for changes to BBC Arabic, its coverage of the US and Middle East, and “basic matters of biology”, by which they mean its stories on trans issues.
Please use Chrome browser for a more accessible video player
0:47
‘Catastrophic failure’ at BBC
The irony of demanding editorial changes from a supposedly independent organisation dealing with allegations of bias has been lost in the furore.
Similarly, Nigel Farage is calling for the government to appoint a new director-general from the private sector who has “a record of coming in and turning companies and cultures around”.
As part of its editorial independence, the appointment of the BBC’s next editor-in-chief is meant to be entirely down to its own independent board – and out of the hands of ministers.
The government’s own response to the scandal has therefore been relatively muted. In a statement, Culture Secretary Lisa Nandy thanked Mr Davie for his long service to public service broadcasting – and paid tribute to the BBC as “one of our most important national institutions”.
Image: Tim Davie and Deborah Turness. Pics: PA
Before the news of the resignations broke, she had been expressing her “complete confidence” in how the BBC’s leadership were dealing with the “serious allegations” described in the leaked memo from Michael Prescott, a former external adviser to the corporation’s editorial standards committee.
The departure of Mr Davie and the CEO of BBC News Deborah Turness just hours later seemed to be something of a shock.
A more detailed government response is sure to come when parliament returns from recess tomorrow.
The Culture Media and Sport Committee of MPs – which has played an active role in the scandal by writing to the BBC chairman and demanding answers – is due to receive its response today, which is expected to include an apology for the Panorama edits.
Its chair Dame Caroline Dinenage described Mr Davie’s resignation as “regrettable” but said that “restoring trust in the corporation must come first”.
Please use Chrome browser for a more accessible video player
1:29
Ex-Panorama staffer: ‘Worst crime imaginable’
So far, the only British political leader prepared to mount an outspoken defence of the BBC is Sir Ed Davey.
The Liberal Democrat argues that seeing the White House take credit for Mr Davie’s downfall – and attacking the BBC – “should worry us all”.
He’s called on the PM and all British political leaders to stand united in “telling Trump to keep his hands off it”.
Please use Chrome browser for a more accessible video player
4:13
What did the BBC do to anger Trump?
Given the diplomatic contortions Sir Keir Starmer has gone through to develop close relations with the current president, this seems entirely unlikely.
But for a prime minister already juggling an overflowing in-tray of problems, controversy over the national broadcaster as the government prepares to enter negotiations about renewing its charter for the next decade is another political tripwire in waiting.