Connect with us

Published

on

Labour would lose its majority and nearly 200 seats if a general election was held today, a new mega poll suggests.

While Sir Keir Starmer would still come out on top, it would be in a “highly fragmented and unstable” parliament with five parties holding over 30 seats.

More in Common, which used the data of more than 11,000 people to produce the analysis, said the results show the UK’s First Past the Post (FPTP) system is “struggling to function” in the new world of multi-party politics, and if the results come true it would make government formation “difficult”.

The model estimates Labour would win, but with barely a third of the total number of seats and a lead of just six seats over the Conservatives.

According to the analysis, Labour would lose 87 seats to the Tories overall, 67 to Reform UK and 26 to the SNP – with “red wall” gains at the July election almost entirely reversed.

Nigel Farage’s Reform party would emerge as the third largest in the House of Commons, increasing its seat total 14-fold to 72.

A number of cabinet ministers would lose their seats to Reform – the main beneficiary of the declining popularity of Labour and the Tories – including Angela Rayner, Yvette Cooper, Ed Miliband, Bridget Philipson, Jonathan Reynolds and John Healey.

Wes Streeting, the health secretary, would lose Ilford North to an independent, the analysis suggests.

Luke Tryl, director of More in Common UK, said the model is “not a prediction of what would happen at the next general election”, which is not expected until 2029.

But he said the polling highlights a significant acceleration of electoral fragmentation since July’s vote, and that the UK’s First Past the Post system “is struggling to deal” with it.

Under the UK’s FPTP system, the person with the most votes in each constituency becomes the MP and candidates from other parties get nothing.

There has long been criticism that this can generate disproportionate results.

At the July election for example, Labour won 411 seats out of 650 on just under 34% of the popular vote.

Reform UK took 14.3% of the popular vote – the third party by vote share – but only won five seats.

Please use Chrome browser for a more accessible video player

Farage attacks UK’s voting system

Tories would ‘struggle to come close’ to forming government

More in Common’s analysis found 271 seats would be won on under a third of the vote.

Labour would win 228 seats, the Conservatives 222 and Reform 72. The Liberal Democrats would win 58 seats, with the SNP on 37 and the Greens on two.

The Tories would be highest in terms of national vote share – at 26% compared with Labour’s 25% – but this would still be their second-worst vote share in history and they would “struggle to come even close” to forming a majority government without making gains against Reform on the right or the Lib Dems on the left, Mr Tryl said.

In a post on X, he said he had “no idea” what the model would mean for coalition building if it became a reality at the next election, saying government formation would be “difficult”.

Read More:
Major political consequences for Farage, Badenoch and the Tories ahead in 2025
Embattled Starmer released Christmas message

Kemi Badenoch
Image:
Tory leader Kemi Badenoch

More in Common used the MRP technique, which uses large amounts of individual and constituency-level data.

‘Uncertain future’

The results are similar to a model by JL Partners published this week, which shows Labour would lose 155 seats, leaving it on 256, if an election were held today.

The analysis, which used council by-election data, put the Tories on track to win 208 seats, Reform on 71, the Lib Dems on 66 and the SNP on six.

If the results played out at the next election, it would “make governing almost impossible for any of the parties, sending the country into an unsure future”, JL Partners said.

The results are the latest in a series of grim polls for Labour, who are being made to pay for unpopular decisions such as the means testing of the winter fuel payment and PR nightmares like the freebies row.

Labour are now on track for their worst end to the year in opinion polls since the Second World War, a Sky News analysis has found.

Please use Chrome browser for a more accessible video player

Party leaders’ Christmas messages

However, history suggests all is not yet lost for the party, who have previously rebounded from historic lows.

And polling experts have told Sky News they have “certainly got time” to turn things around – and must focus on delivery and improving their messaging to the public.

Continue Reading

Politics

Billionaire investor would ‘not be surprised’ if Trump postpones tariffs

Published

on

By

<div>Billionaire investor would 'not be surprised' if Trump postpones tariffs</div>

<div>Billionaire investor would 'not be surprised' if Trump postpones tariffs</div>

Crypto-friendly billionaire investor Bill Ackman is considering the possibility that US President Donald Trump may pause the implementation of his controversial proposed tariffs on April 7.

“One would have to imagine that President Donald Trump’s phone has been ringing off the hook. The practical reality is that there is insufficient time for him to make deals before the tariffs are scheduled to take effect,” Ackman, founder of Pershing Square Capital Management, said in an April 5 X post.

Trump may postpone tariffs to make more deals, says Ackman

“I would, therefore, not be surprised to wake up Monday with an announcement from the President that he was postponing the implementation of the tariffs to give him time to make deals,” Ackman added.

On April 2, Trump signed an executive order establishing a 10% baseline tariff on all imports from all countries, which took effect on April 5. Harsher reciprocal tariffs on trading partners with which the US has the largest trade deficits are scheduled to kick in on April 9.

Ackman — who famously said “crypto is here to stay” after the FTX collapse in November 2022 — said Trump captured the attention of the world and US trading partners, backing the tariffs as necessary after what he called an “unfair tariff regime” that hurt US workers and economy “over many decades.” 

Following Trump’s announcement on April 2, the US stock market shed more value during the April 4 trading session than the entire crypto market is currently worth. The fact that crypto held up better than the US stock market caught the attention of both crypto industry supporters and skeptics.

United States, Donald Trump

Source: Cameron Winklevoss

Prominent crypto voices such as BitMEX co-founder Arthur Hayes and Gemini co-founder Cameron Winklevoss also recently showed their support for Trump’s tariffs.

Related: Trump tariffs squeeze already struggling Bitcoin miners — Braiins exec

Ackman said a pause would be a logical move by Trump — not just to allow time for closing potential deals but also to give companies of all sizes “time to prepare for changes.” He added:

“The risk of not doing so is that the massive increase in uncertainty drives the economy into a recession, potentially a severe one.”

Ackman said April 7 will be “one of the more interesting days” in US economic history.

Magazine: New ‘MemeStrategy’ Bitcoin firm by 9GAG, jailed CEO’s $3.5M bonus: Asia Express

Continue Reading

Politics

Labour suspends MP Dan Norris after arrest

Published

on

By

Labour MP Dan Norris arrested on suspicion of rape and child sex offences

The Labour Party has suspended its MP Dan Norris after “being informed of his arrest”.

A Labour Party spokesperson said: “Dan Norris MP was immediately suspended by the Labour Party upon being informed of his arrest.

“We cannot comment further while the police investigation is ongoing.”

Mr Norris defeated Jacob Rees-Mogg to win the new seat of North East Somerset and Hanham in last year’s general election.

He has also lost the party whip in the House of Commons.

This breaking news story is being updated and more details will be published shortly.

Please refresh the page for the fullest version.

You can receive breaking news alerts on a smartphone or tablet via the Sky News app. You can also follow us on WhatsApp and subscribe to our YouTube channel to keep up with the latest news.

Continue Reading

Politics

Satoshi Nakamoto turns 50 as Bitcoin becomes US reserve asset

Published

on

By

Satoshi Nakamoto turns 50 as Bitcoin becomes US reserve asset

Satoshi Nakamoto turns 50 as Bitcoin becomes US reserve asset

Satoshi Nakamoto, the pseudonymous creator of Bitcoin, marks their 50th birthday amid a year of rising institutional and geopolitical adoption of the world’s first cryptocurrency.

The identity of Nakamoto remains one of the biggest mysteries in crypto, with speculation ranging from cryptographers like Adam Back and Nick Szabo to broader theories involving government intelligence agencies.

While Nakamoto’s identity remains anonymous, the Bitcoin (BTC) creator is believed to have turned 50 on April 5 based on details shared in the past.

According to archived data from his P2P Foundation profile, Nakamoto once claimed to be a 37-year-old man living in Japan and listed his birthdate as April 5, 1975.

Satoshi Nakamoto turns 50 as Bitcoin becomes US reserve asset

Source: Web.archive.org

Nakamoto’s anonymity has played a vital role in maintaining the decentralized nature of the Bitcoin network, which has no central authority or leadership.

The Bitcoin wallet associated with Nakamoto, which holds over 1 million BTC, has laid dormant for more than 16 years despite BTC rising from $0 to an all-time high above $109,000 in January.

Satoshi Nakamoto turns 50 as Bitcoin becomes US reserve asset

Satoshi Nakamoto statue in Lugano, Switzerland. Source: Cointelegraph

Nakamoto’s 50th birthday comes nearly a month after US President Donald Trump signed an executive order creating a Strategic Bitcoin Reserve and a Digital Asset Stockpile, marking the first major step toward integrating Bitcoin into the US financial system.

Related: Bitcoin at 16: From experiment to trillion-dollar asset

Nakamoto’s legacy: a “cornerstone of economic sovereignty”

At 50, Nakamoto’s legacy is no longer just code; it’s a cornerstone of economic sovereignty,” according to Anndy Lian, author and intergovernmental blockchain expert.

“Bitcoin’s reserve status signals trust in its scarcity and resilience,” Lian told Cointelegraph, adding: 

“What’s fascinating is the timing. Fifty feels symbolic — half a century of life, mirrored by Bitcoin’s journey from a white paper to a trillion-dollar asset. Nakamoto’s vision of trustless, peer-to-peer money has outgrown its cypherpunk roots, entering the halls of power.”

However, lingering questions about Nakamoto remain unanswered, including whether they still hold the keys to their wallet, which is “a fortune now tied to US policy,” Lian said.

Related: Bitcoin’s next catalyst: End of $36T US debt ceiling suspension

Is Satoshi Nakamoto wealthier than Bill Gates?

In February, Arkham Intelligence published findings that attribute 1.096 million BTC — then valued at more than $108 billion — to Nakamoto. That would place him above Microsoft co-founder Bill Gates on the global wealth rankings, according to data shared by Coinbase director Conor Grogan.

Satoshi Nakamoto turns 50 as Bitcoin becomes US reserve asset

Satoshi’s new addresses. Source: Conor Grogan

If accurate, this would make Nakamoto the world’s 16th richest person.

Despite the growing interest in Nakamoto’s identity and holdings, his early decision to remain anonymous and inactive has helped preserve Bitcoin’s decentralized ethos — a principle that continues to define the cryptocurrency to this day.

Magazine: 10 crypto theories that missed as badly as ‘Peter Todd is Satoshi’

Continue Reading

Trending