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UK Election Campaign Kicks Off
PM Johnson managed to get his December 12th election on the second attempt after the Labour party dropped its opposition. This marks only the third-time in modern UK political history that election are held in the winter, but many saw this as the only way to break the impasse. The socialist Labour Party, the pro-EU Liberal Democrats and the Scottish National Party will try to win seats from Johnson’s Tories, but polls favor a big win for the Conservatives. A lot of things can change over the next six weeks and the British Pound will likely face volatile and uncertain times.
Boris Johnson Prepares Tory’s for Tough Election
Parliament will be dissolved on November 6th as the UK is gearing up for the first December election in almost 100 years. While PM Johnson is rallying the troops, as he did last night at the 1922 Committee of Tory backbenchers, there is quite some concerns within the party about how the election will play out. One MP stated “It’s like a can of paint. Once it’s open, it’s going to splatter everywhere. No one really knows how it’s going to turn out.” Others are worried about Nigel Farage and his Brexit Party which may take enough votes from the Tories.
Johnson expelled 21 rebels who voted with the opposition, but since restored party membership to 10 of them. Dominic Grieve is amongst the eleven who remain expelled from the party and he vowed to run as an independent. He noted “I will run as an independent. I’ve made that decision. I have no idea what the outcome will be. Logically, I probably ought to lose. It’s a very safe Conservative seat. And if normal loyalties prevail then a Conservative candidate will be elected against me. But I think my constituents are entitled to a choice.” How will events like this impact the results at the ballot box for the Tories?
Liberal Democrats Are Confident
The leader of the Liberal Democrats, currently polling in third place and far behind Johnson’s Conservatives, remain very confident about their chances to win big on December 12th. Party leader Jo Swinson added “I don’t think that the choice that we are being offered between Boris Johnson and Jeremy Corbyn is anywhere near good enough. Neither of those men are fit to lead our country and be prime minister. And I know there are millions of people out there who are longing for a positive alternative that is looking to the future. I can’t be clearer, our country deserves a better choice, and I am standing as candidate to be prime minister. The Liberal Democrats have a different positive alternative vision for the future.”
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Corbyn Promises Socialism for All
Labour party leader Corbyn wasted no time to ensure voters know what he wants to do. He told supporters in London “We’re going after the tax dodgers. We’re going after the dodgy landlords. We’re going after the bad bosses. We’re going after the big polluters. Because we know whose side we’re on.” He also singled out individuals he wishes to target, they included Rupert Murdoch, Chairman of News Corporation, Mike Ashley, founder of Sports Direct International PLC and Crispin Odey, hedge fund manager.
Corbyn further added “This election is a once-in-a-generation chance to transform our country, take on the vested interests holding people back and ensure that no community is left behind. When Labour wins, the nurse wins, the pensioner wins, the student wins, the office worker wins, the engineer wins.” It is the same message he used during the last election which cost then PM May her majority in Parliament, Labour currently polls well behind Johnson’s Tories.
In respect to Brexit, Corbyn noted “The Prime Minister wants you to believe that we’re having this election because Brexit is being blocked by an establishment elite. People aren’t fooled so easily. They know the Conservatives are the establishment elite. We’ll go into office and immediately open negotiations with the EU on a sensible relationship with Europe.” Labour has plenty of constituencies in support of Brexit.
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