General election: In the marginal seat of North East Fife, it’s all to play for

Published

5 months ago

June 16, 2024

admin

In the marginal seat of North East Fife in this election, it is not a straight fight between red and blue, but shades of yellow too.

In 2017, the SNP won here by just two votes ahead of the Scottish Liberal Democrats. That astonishing two-vote tipping point made it the UK’s most marginal seat at the time.

But in 2019, the Lib Dems won it from the SNP, giving the party one of its four MPs in Scotland.

Today, Lib Dem posters line the winding road that takes you to Anstruther’s waterfront.

It’s a charming fishing village and overlooking the harbour are quaint restaurants and gift shops – handmade soap, whisky and fresh fish – it’s all on offer.

With this allure comes a melee of tourists who join us as we hop to each business, talking to them about how the campaigns have resonated with them here.

Election latest: Minister says election ‘not about the past’ as poll suggests Tory wipeout on 4 July

“The tourists are a big part of this area for us,” says Tom Cooper, who’s owned his whisky gift shop for over six years.

He’s even had a few celebrities pop by.

“We get up to eight to nine tourist buses each day in the summer, if we didn’t have that, we wouldn’t survive,” he adds.

He loves having them dropped off outside his door, but the tourist season isn’t long enough to make the off-season easier.

“When it’s very, very quiet, you’re talking maybe four months of the year with maybe a six or seven hours a day, that you’re not doing very much. And you can’t really drag people in the door.

“We need to bring people in. The villages needs money. You know, that’s that’s where the economy lies, I think, in the future.”

And when at the ballot box, Tom says it’ll be his shop at the forefront of his mind.

“I look for somebody that’s going to help businesses like myself, small businesses, and keep the high streets going, get people out,” he says.

This is one of the constituencies to have had its boundary lines redrawn.

Changes have now led to areas with higher levels of deprivation being added to the North East Fife seat.

Away from the picturesque coastline, further inland there are signs of a lack of investment and care.

? Click here to follow Electoral Dysfunction wherever you get your podcasts ?

Glenrothes shopping centre stands partially derelict.

“That’s been like that for about six years,” someone comments, as we look on at the peeling sides of a building and faded shop signage.

This constituency has one of the highest levels of child poverty.

“People are struggling, there are a lot of people not in work,” Chris Lewis, a business owner, tells us.

Chris runs an ice cream parlour, fish and chip bar and waterfront restaurant.

“Employment is what I care about, we need to lift people back to work on a decent wage,” he says.

“I would like to see everybody getting a job, then everybody could work hard and get people off benefits.”

Chris says he has been burnt by past promises.

“This area – whether Lib Dem and SNP – to me it seems they never seem to deliver.”

Chris adds: “There’s just so many promises and you think, you’ve had your time, can someone else do more for the country. We’re a very tourist-heavy area and we can’t afford to lose that. If Scotland loses its attraction, you know, we failed.”

The national narrative and the polls are having an impact on how he is feeling.

“I never thought I’d say it, but Labour are coming to mind, I think they’re going to do more for the country than the others.

“But who do you believe? There’s always promises. And when it comes down to how many are delivered, usually very few.”

We’ve met those across this constituency who intend to back Reform, SNP and Labour throughout the day.

A sign that even the most seemingly straightforward of seats is all to play for.

The list of candidates standing in North East Fife are:

Conservatives – Bill Bowman
Liberal Democrats – Wendy Chamberlain
Labour Party – Jennifer Gallagher
SNP – Stefan Hoggan-Radu
Scottish Green Party – Morven Ovenstone-Jones
Reform UK – Matthew Wren

Politics

‘There is a global race underway for Bitcoin’ — Anthony Pompliano

Published

3 hours ago

November 16, 2024

admin

<div>'There is a global race underway for Bitcoin' — Anthony Pompliano</div>

The election of a pro-crypto President in the United States and growing macroeconomic turmoil will continue to drive investors to Bitcoin.

Politics

Sir Keir Starmer vows to defend budget decisions ‘all day long’ as farmers slam ‘disrespectful’ PM

Published

5 hours ago

November 16, 2024

admin

Sir Keir Starmer vows to defend budget decisions 'all day long' as farmers slam 'disrespectful' PM

Sir Keir Starmer has said he will defend the decisions made in the budget “all day long” amid anger from farmers over inheritance tax changes.

Chancellor Rachel Reeves announced last month in her key speech that from April 2026, farms worth more than £1m will face an inheritance tax rate of 20%, rather than the standard 40% applied to other land and property.

The announcement has sparked anger among farmers who argue this will mean higher food prices, lower food production and having to sell off land to pay for the tax.

Sir Keir defended the budget as he gave his first speech as prime minister at the Welsh Labour conference in Llandudno, North Wales, where farmers have been holding a tractor protest outside.

Sir Keir admitted: “We’ve taken some extremely tough decisions on tax.”

He said: “I will defend facing up to the harsh light of fiscal reality. I will defend the tough decisions that were necessary to stabilise our economy.

“And I will defend protecting the payslips of working people, fixing the foundations of our economy, and investing in the future of Britain and the future of Wales. Finally, turning the page on austerity once and for all.”

He also said the budget allocation for Wales was a “record figure” – some £21bn for next year – an extra £1.7bn through the Barnett Formula, as he hailed a “path of change” with Labour governments in Wales and Westminster.

And he confirmed a £160m investment zone in Wrexham and Flintshire will be going live in 2025.

‘PM should have addressed the protesters’

Among the hundreds of farmers demonstrating was Gareth Wyn Jones, who told Sky News it was “disrespectful” that the prime minister did not mention farmers in his speech.

He said “so many people have come here to air their frustrations. He (Starmer) had an opportunity to address the crowd. Even if he was booed he should have been man enough to come out and talk to the people”.

He said farmers planned to deliver Sir Keir a letter which begins with “‘don’t bite the hand that feeds you”.

Mr Wyn Jones told Sky News the government was “destroying” an industry that was already struggling.

“They’re destroying an industry that’s already on its knees and struggling, absolutely struggling, mentally, emotionally and physically. We need government support not more hindrance so we can produce food to feed the nation.”

He said inheritance tax changes will result in farmers increasing the price of food: “The poorer people in society aren’t going to be able to afford good, healthy, nutritious British food, so we have to push this to government for them to understand that enough is enough, the farmers can’t take any more of what they’re throwing at us.”

Mr Wyn Jones disputed the government’s estimation that only 500 farming estates in the UK will be affected by the inheritance tax changes.

“Look, a lot of farmers in this country are in their 70s and 80s, they haven’t handed their farms down because that’s the way it’s always been, they’ve always known there was never going to be inheritance tax.”

On Friday, Sir Keir addressed farmers’ concerns, saying: “I know some farmers are anxious about the inheritance tax rules that we brought in two weeks ago.

“What I would say about that is, once you add the £1m for the farmland to the £1m that is exempt for your spouse, for most couples with a farm wanting to hand on to their children, it’s £3m before anybody pays a penny in inheritance tax.”

Ministers said the move will not affect small farms and is aimed at targeting wealthy landowners who buy up farmland to avoid paying inheritance tax.

But analysis this week said a typical family farm would have to put 159% of annual profits into paying the new inheritance tax every year for a decade and could have to sell 20% of their land.

The Country and Land Business Association (CLA), which represents owners of rural land, property and businesses in England and Wales, found a typical 200-acre farm owned by one person with an expected profit of £27,300 would face a £435,000 inheritance tax bill.

The plan says families can spread the inheritance tax payments over 10 years, but the CLA found this would require an average farm to allocate 159% of its profits each year for a decade.

To pay that, successors could be forced to sell 20% of their land, the analysis found.