Connect with us

Published

on

Labour could be swept into power with a landslide of more than 400 seats at the next general election, according to the latest YouGov mega poll.

The survey of 18,000 people predicts Sir Keir Starmer’s party will win a parliamentary majority of 154 – almost double what the Conservatives achieved with Boris Johnson in 2019.

The poll forecasts Labour will win 403 seats, a gain of 201, while the Tories will crash to just 155 seats – a loss of 210.

Follow live: The big Tory names forecast to lose their seats

If correct, the result would be a worse defeat for the Conservatives than under Sir John Major in 1997, when the rise of Sir Tony Blair‘s New Labour left them with just 165 MPs.

Key Conservatives projected to lose their seats include Chancellor Jeremy Hunt, cabinet ministers Grant Shapps and Penny Mordaunt and former party leader Sir Iain Duncan Smith.

A loss for Ms Mordaunt would be particularly embarrassing as she has been already a two-time contender for the party leadership, and has been touted as a potential successor to Rishi Sunak.

More from Politics

Other cabinet ministers set to lose their seats include Transport Secretary Mark Harper, Justice Secretary Alex Chalk, Science Secretary Michelle Donelan and Wales Secretary David TC Davies.

There is also bad news for the SNP, which is forecast to lose 29 seats, with most of them going to Labour.

That would mean Labour once again becoming the largest party in Scotland, having been virtually wiped out north of the border in 2015.

Meanwhile the Liberal Democrats, who are targeting Conservative heartlands in southern England, are forecast to gain 38 seats, giving them 49 in total.

Please use Chrome browser for a more accessible video player

‘We’re ready – just call an election’

This includes in Mr Hunt’s new Godalming and Ash constituency (formerly South West Surrey), where he has a majority of 8,817 votes.

The poll was conducted by YouGov between 7 and 27 March, and it used a multi-level regression and post-stratification (MRP) process to model constituency-level results.

Read More:
Labour can take comfort as ‘mega’ poll shows they are on right path – but remain wary of complacency
Tories in ‘dire position’ and ‘good MPs will lose seats’ at general election

It is generally considered one of the most accurate forms of polling due to the number of interviews conducted, which enables pollsters to examine voting intentions in very small geographical areas.

It is the latest in a series of disastrous polls for the Conservative Party ahead of a general election expected in the second half of this year.

Tory MP Brendan Clarke-Smith, who is projected to lose his seat to Labour, posted on X that the polling model is “clearly flawed and fails to factor in my infectious charm and charisma”.

Politicians are often sceptical about opinion polls, and many of YouGov’s predictions will no doubt by queried by MPs and party officials in the coming days.

Despite a double-digit lead in the polls for some time now, Sir Keir Starmer has imposed an iron discipline on his shadow cabinet about the danger of complacency.

While some pundits predict the next election will be a repeat of the party’s 1997 landslide victory, there are fears within Labour of a 1992 false dawnwhen Neil Kinnock lost what was believed to be an “unlosable” election.

The 154-seat Labour majority in the new poll is edging towards the 179-seat majority won by Tony Blair in 1997, though well short of a 254-seat majority suggested in another MRP-style poll in mid-February.

If Labour were to win the next election, it would bring an end to 14 years of Conservative government under five prime ministers.

Continue Reading

Politics

Chancellor Rachel Reeves considering ‘changes’ to ISAs – and says there’s too much focus on ‘risk’ in investing

Published

on

By

Chancellor Rachel Reeves considering 'changes' to ISAs - and says there's too much focus on 'risk' in investing

The chancellor has confirmed she is considering “changes” to ISAs – and said there has been too much focus on “risk” in members of the public investing.

In her second annual Mansion House speech to the financial sector, Rachel Reeves said she recognised “differing views” over the popular tax-free savings accounts, in which savers can currently put up to £20,000 a year.

She was reportedly considering reducing the threshold to as low as £4,000 a year, in a bid to encourage people to put money into stocks and shares instead and boost the economy.

However the chancellor has shelved any immediate planned changes after fierce backlash from building societies and consumer groups.

In her speech to key industry figures on Tuesday evening, Ms Reeves said: “I will continue to consider further changes to ISAs, engaging widely over the coming months and recognising that despite the differing views on the right approach, we are united in wanting better outcomes for both savers and for the UK economy.”

She added: “For too long, we have presented investment in too negative a light, quick to warn people of the risks, without giving proper weight to the benefits.”

Please use Chrome browser for a more accessible video player

Rachel Reeves’s fiscal dilemma

Ms Reeves’s speech, the first major one since the welfare bill climbdown two weeks ago, appeared to encourage regulators to focus less on risks and more on the benefits of investing in things like the stock market and government bonds (loans issued by states to raise funds with an interest rate paid in return).

She welcomed action by the financial regulator to review risk warning rules and the campaign to promote retail investment, which the Financial Conduct Authority (FCA) is launching next year.

“Our tangled system of financial advice and guidance has meant that people cannot get the right support to make decisions for themselves”, Ms Reeves told the event in London.

Read more:
Should you get Lifetime ISA? Two key issues to consider
Building societies protest against proposed ISA reforms
Is there £15bn of wiggle room in Reeves’s fiscal rules?

Last year, Ms Reeves said post-financial crash regulation had “gone too far” and set a course for cutting red tape.

On Tuesday, she said she would announce a package of City changes, including a new competitive framework for a part of the insurance industry and a regulatory regime for asset management.

Please use Chrome browser for a more accessible video player

Reeves is ‘totally’ up for the job

In response to Ms Reeves’s address, shadow chancellor Sir Mel Stride said: “Rachel Reeves should have used her speech this evening to rule out massive tax rises on businesses and working people. The fact that she didn’t should send a shiver down the spine of taxpayers across the country.”

👉Listen to Politics at Sam and Anne’s on your podcast app👈  

The governor of the Bank of England, Andrew Bailey, also spoke at the Mansion House event and said Donald Trump’s taxes on US imports would slow the economy and trade imbalances should be addressed.

“Increasing tariffs creates the risk of fragmenting the world economy, and thereby reducing activity”, he said.

Continue Reading

Politics

Crypto-backed group gathers $141M funding to influence US elections

Published

on

By

Crypto-backed group gathers 1M funding to influence US elections

Crypto-backed group gathers 1M funding to influence US elections

Fairshake reported raising $52 billion from the crypto industry in the first half of 2025, at a time when candidates previously supported by the PAC were providing crucial votes.

Continue Reading

Politics

Programmable regulation is the missing key to DeFi’s legal future

Published

on

By

Programmable regulation is the missing key to DeFi’s legal future

Programmable regulation is the missing key to DeFi’s legal future

Programmable regulation could be the solution to legacy regulatory frameworks struggling to keep pace with DeFi’s rapidly evolving ecosystems. Embedding compliance in code can bring legal clarity, reduce risk and foster innovation in DeFi.

Continue Reading

Trending