Connect with us

Published

on

Losing both the Kingswood and Wellingborough by-elections means the Conservatives have established a new record – the largest number of defeats it has suffered in a single parliament.

A net loss of nine seats is one more than the eight defeats in the mid-1990s as John Major led the party to one of its heaviest general election defeats.

The odds of Rishi Sunak repeating that have increased.

The defeat in Wellingborough is one of the worst in the Conservative Party‘s long history. Peter Bone’s majority of more than 18,000 votes swept aside, with Labour winning with a 6,000 majority of its own. The Conservative vote fell by 38 percentage points, more than enough to erase its 36% majority.

By-election results live: Labour secures double victory

Wellingborough rewrites the record books. The decline in vote share from the preceding general election – 37.6 points – is the largest since 1945 and shatters the previous record 32-point fall in Christchurch in 1993.

Wellingborough becomes the eighth-largest Conservative majority overturned since 1945.

Six of the top 10 by-elections in that list are contests held during the current parliament.

There was a 28.5-point swing away from the Conservatives, not quite beating the record 29.1-point swing to Labour in Dudley West established in 1994, but easily the largest this parliament.

Labour was understandably quick to celebrate these numbers, using the Con to Lab swing to suggest that if this had been a general election the Conservative party would be all but wiped out.

An exaggeration, but Labour’s almost 20-point increase in vote share ranks among the best, marginally smaller than the improvement shown in the Rutherglen & Hamilton West, Tamworth and Selby & Ainsty by-elections earlier in this parliament.

The party has six by-election net gains this parliament, the most Labour has ever made.

A significant fraction of the collapse in Conservative vote share is explained by the 13% of voters who supported Reform.

How many of these were Conservative defectors is difficult to say, but there is no doubting the importance of this performance in the context of an imminent general election.

National polls suggest Reform has the support of one in 10 voters, about the same number intending to vote for the Liberal Democrats. Given that, polling 13% in a constituency where a clear majority voted to leave the EU in 2016, is about a par result but not an indication that the party can win seats.

However, Reform is a real threat, the catalyst for far greater Conservative seat losses than would otherwise be the case.

In Kingswood there was a small 21-point drop in the Conservative vote, but there too that was not mirrored by Labour’s increase of 12 points.

The difference is again explained by the 10% of voters who supported Reform. Here, as with Mid Bedfordshire and Tamworth beforehand, the combined votes of the Conservative and Reform exceeded those cast for the Labour winner.

The far smaller 16.4-point swing to Labour is in line with the swing suggested by current national polls, rather than repeating the scale of the Wellingborough victory.

This won’t worry Labour, of course, with a general election now less than a year away, a swing of this scale would give Sir Keir Starmer a Commons majority of 110 seats.

In both seats there was a sharp fall in turnout, falling by 26 points in Wellingborough but one of 34 points in Kingswood.

It would be wrong to say this came as a result of holding by-elections in winter weather because it reflects the indifference generally shown by electors throughout this parliament.

With the Rochdale by-election just two weeks away (the first by-election to be held on 29 February since 1944) it is prudent not to extrapolate too much from these two results. Labour has disowned its candidate there, although his name remains on the ballot paper.

If, as seems likely, Labour loses the seat, the Conservatives will exploit that to the full. Whether they succeed in halting Labour’s progress towards the next general election remains to be seen.

Continue Reading

Politics

Thailand’s 5-year crypto tax break: What they’re not telling you

Published

on

By

Thailand’s 5-year crypto tax break: What they’re not telling you

Thailand’s 5-year crypto tax break: What they’re not telling you

Thailand’s five-year tax break on crypto capital gains looks like a dream for investors, but the fine print reveals a strategic push for surveillance, platform control and regulatory dominance.

Continue Reading

Politics

TON’s UAE ‘golden visa’ mishap shows why legal reviews matter

Published

on

By

TON’s UAE ‘golden visa’ mishap shows why legal reviews matter

TON’s UAE ‘golden visa’ mishap shows why legal reviews matter

The TON Foundation could have avoided its golden visa controversy in the UAE with a brief legal review, a local lawyer told Cointelegraph.

Continue Reading

Politics

Norman Tebbit: Former Tory minister who served in Margaret Thatcher’s government dies aged 94

Published

on

By

Norman Tebbit: Former Tory minister who served in Margaret Thatcher's government dies aged 94

Norman Tebbit, the former Tory minister who served in Margaret Thatcher’s government, has died at the age of 94.

Lord Tebbit died “peacefully at home” late on Monday night, his son William confirmed.

One of Mrs Thatcher’s most loyal cabinet ministers, he was a leading political voice throughout the turbulent 1980s.

He held the posts of employment secretary, trade secretary, Chancellor of the Duchy of Lancaster and Conservative party chairman before resigning as an MP in 1992 after his wife was left disabled by the Provisional IRA’s bombing of the Grand Hotel in Brighton.

He considered standing for the Conservative leadership after Mrs Thatcher’s resignation in 1990, but was committed to taking care of his wife.

Prime Minister Margaret Thatcher and party chairman Norman Tebbit.
Pic: PA
Image:
Margaret Thatcher and Norman Tebbit in 1987 after her election victory. Pic: PA

Tory leader Kemi Badenoch called him an “icon” in British politics and was “one of the leading exponents of the philosophy we now know as Thatcherism”.

“But to many of us it was the stoicism and courage he showed in the face of terrorism, which inspired us as he rebuilt his political career after suffering terrible injuries in the Brighton bomb, and cared selflessly for his wife Margaret, who was gravely disabled in the bombing,” she wrote on X.

“He never buckled under pressure and he never compromised. Our nation has lost one of its very best today and I speak for all the Conservative family and beyond in recognising Lord Tebbit’s enormous intellect and profound sense of duty to his country.

“May he rest in peace.”

Lord Tebbit and his wife Margaret stand outside the Grand Hotel in Brighton.
Pic: PA
Image:
Lord Tebbit and his wife Margaret stand outside the Grand Hotel in Brighton. Pic: PA

Tory grandee David Davis told Sky News Lord Tebbit was a “great working class Tory, always ready to challenge establishment conventional wisdom for the bogus nonsense it often was”.

“He was one of Thatcher’s bravest and strongest lieutenants, and a great friend,” Sir David said.

“He had to deal with the agony that the IRA visited on him and his wife, and he did so with characteristic unflinching courage. He was a great man.”

Reform leader Nigel Farage said Lord Tebbit “gave me a lot of help in my early days as an MEP”.

He was “a great man. RIP,” he added.

Prime Minister Margaret Thatcher with Employment Secretary Norman Tebbit.
Pic: PA
Image:
Lord Tebbit as employment secretary in 1983 with Mrs Thatcher. Pic: PA

Born to working-class parents in north London, he was made a life peer in 1992, where he sat until he retired in 2022.

Lord Tebbit was trade secretary when he was injured in the Provisional IRA’s bombing in Brighton during the Conservative Party conference in 1984.

Five people died in the attack and Lord Tebbit’s wife, Margaret, was left paralysed from the neck down. She died in 2020 at the age of 86.

Before entering politics, his first job, aged 16, was at the Financial Times where he had his first experience of trade unions and vowed to “break the power of the closed shop”.

He then trained as a pilot with the RAF – at one point narrowly escaping from the burning cockpit of a Meteor 8 jet – before becoming the MP for Epping in 1970 then for Chingford in 1974.

Norman Tebbit during the debate on the second reading of the European Communities (Amendment) Bill, in the House of Lords.
Pic: PA
Image:
Lord Tebbit during an EU debate in the House of Lords in 1997. Pic: PA

As a cabinet minister, he was responsible for legislation that weakened the powers of the trade unions and the closed shop, making him the political embodiment of the Thatcherite ideology that was in full swing.

His tough approach was put to the test when riots erupted in Brixton, south London, against the backdrop of high rates of unemployment and mistrust between the black community and the police.

He was frequently misquoted as having told the unemployed to “get on your bike”, and was often referred to as “Onyerbike” for some time afterwards.

What he actually said was he grew up in the ’30s with an unemployed father who did not riot, “he got on his bike and looked for work, and he kept looking till he found it”.

Continue Reading

Trending