Showing posts with label Boris. Show all posts
Showing posts with label Boris. Show all posts

April 23, 2012

London Mayor Betting: Never mind politics. Boris is winning this personality contest

Big-hitters eyeing up 1.241/4 about Boris would do well to remember David Miliband being turned over for the Labour leadership, not to mention huge-priced upsets in by-elections and US primaries.

With less than a fortnight until London's mayoral election, the government is in disarray, says Paul Krishnamurty. And yet Boris Johnson defies political gravity with a healthy lead over Ken Livingstone in the polls. Is there anyway back for the Labour candidate?


Whether it's increasingly unpopular public service cuts, Cabinet-inspired panic at the petrol pumps or any number of complaints about George Osborne's 'millionaires' budget', the government lurches from one disaster to another. The Conservative Party's national poll rating is in steep decline, trailing Labour by up to 13 points in last week's surveys. Surely then, there couldn't be a better time to unseat a Tory Mayor?

After all, London has long been considered a Labour city and when respondents were asked about voting for the Greater London Assembly, Ed Miliband's party recorded another healthy ten point lead. Yet when it comes to the contest that will dominate the headlines, Boris Johnson continues to defy political gravity, consistently polling http://ukpollingreport.co.uk/blog/archives/5197 around six percent ahead of his predecessor Ken Livingstone after second preferences have been re-allocated.

Love or hate him, it is increasingly hard to avoid the conclusion that Livingstone was the wrong choice to be Labour candidate. Indeed, the fact Ken prompts extreme, passionate opinions on either side is part of the problem. From the challenger's perspective, any election should be about the incumbent's record - which, in Boris' case, has struggled to withstand scrutiny in numerous debates. Yet rather than rising tube fares, falling police numbers or Boris' lack of leadership during the London riots, the biggest topic under discussion has been Ken's tax rate.

Such sustained attacks on Livingstone's character, given a platform in Tory-supporting newspapers or talk radio shows, are all the more lethal due to the nature of this contest. Unlike any other major UK election, the Mayoralty has always been as much about the individual as the party. Remember, when Ken was elected in 2000, he did so as an independent having quit Labour over their dodgy selection process. Whereas that would almost always be impossible in a General Election, Ken's personal popularity overwhelmed the official Labour candidate Frank Dobson. Back then, he was billed as the outspoken maverick, a brand long since assumed by Boris, leaving Ken trying to escape being defined as 'yesterday's man'.

Successful political comebacks are rare, especially in a cynical era when a candidate's mistakes or weaknesses attract vast amounts of coverage compared to their strengths. As a consequence of the emnities made during a long political career, Ken is struggling to marshall his own natural supporters. Labour peer Lord Sugar's attacks on Twitter were a hammer blow to the campaign, while other party figures have flocked to independent Siobhan Benita. In such a close contest, neither man can afford to lose their own party's core supporters but while the Tory vote is splintering nationally, UKIP are nowhere to be seen in the capital.

Nevertheless, the race is not over yet. Recent political history is littered with late turnarounds and upsets. Big-hitters eyeing up 1.241/4 about Boris would do well to remember David Miliband being turned over for the Labour leadership at similarly short quotes, not to mention various huge-priced upsets in by-elections and US primaries.

Indeed, Ken supporters may take strange solace from their own party's recent shock defeat in Bradford West. Then, George Galloway utilized social media to maximise turnout, catching out pollsters who'd banked on the old rules where young and minority voters fail to turn up at the polls. Livingstone's campaign has a similar grassroots feel to it and for this election, Galloway and Respect party leader Salma Yaqoob are firmly in his corner. If it can be heard above the trivia, Ken's message of cutting tube fares, rents and restoring the EMA has dynamite potential on the doorstep, particularly among young, normally apathetic voters.

Last but not least, there's still time to turn around a six percent deficit. Eleven days is a long time in politics, especially in a tight election where the main protagonists fail to inspire. Just ask Nick Clegg.

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February 17, 2012

Mayor of London: Sorry Boris, Ken is on a mission

General Politics Betting RSS / / 17 February 2012 / Leave a Comment

Casually-coifed buffoonery: voters beginning to tire of Johnson's antics?

Casually-coifed buffoonery: voters beginning to tire of Johnson's antics?

"The Conservative-led Government are unpopular among moderates and Johnson will struggle to distance himself from his Westminster brethren."

Despite what the market might be saying, Livingstone should now be favourite for mayoral race, writes Jack Houghton.

Ears piqued politicos, it's pub quiz time.


Question one. Guess the year.

An eccentric, populist Tory, prone to gimmicky publicity stunts. An unpopular Conservative national government, two years into a term of cut-backs and austerity measures, facing rising unemployment and dwindling moderate support. Tension between the Metropolitan Police and ethnic London communities leading to the worst riots in recent memory. Ken Livingstone emerging victorious in May elections to lead the London authority.

The answer, you may have guessed, is 1981.


Question two. Are we set for a repeat in 2012?

The similarities between the casually-coifed Boris Johnson and the bow-tied and bearded Sir Horace Cutler - leader of the GLC between 1977 and 1981 - are easy to draw: both flamboyant Tories; both courtiers of the popular press. And, just as Cutler did in 1981, Johnson now faces Ken Livingstone against the backdrop of an unpopular Tory-led government, and as the man-on-watch when riots lit up the capital.

At a generous looking [2.76], then, no-longer-red-Ken looks a solid bet to regain the mayorship on May 3.


Question three. Why back Ken?
[Note to quizmaster: one mark for each of the following...]

The Conservative-led Government are unpopular among moderates and Johnson will struggle to distance himself from his Westminster brethren. In any election to a devolved body, national politics is a key determiner of voter behaviour. And although Johnson has tried to distance himself from his masters' cuts, opposition parties will constantly remind voters that Johnson campaigned for those masters at the last General Election. When Livingstone was defeated in 2008, it was thought to be largely due to him losing a swathe of swing voters disenchanted with the tail-end of New Labour. Many of those will now come back to him.

Voters have begun to tire of Johnson's buffoonery. I'm not a huge fan of opinion polls, but it's interesting that, despite Livingstone taking a lead in the last two conducted, it is Johnson's price that has shortened of late - albeit only narrowly. Of particular note, though, are not the headline polling numbers, but the significant decline they show, from polls conducted last summer, in how many voters view Johnson as "Strong" and "In touch with the concerns of ordinary people." A series of public order debacles (the most significant being the London riots of August 2011) and a panoply of public relations gaffs (from Damian Green to Chicken Feed to Veronica Wadley to Helen Macintyre) have given Johnson's opposition the perfect tools with which to beat him when campaigning gets going.

The supplementary vote system should favour Livingstone. Even if Johnson is able to win the first preference ballot, it is likely that Livingstone, sweeping up the majority of second preference votes from Liberal Democrat and Green supporters, will win the overall count.


*****

Over in the US, the race for the Republican nomination continues to fascinate. Back at the start of the year, I put up Romney as a lay at [1.30], saying that shifting allegiances could yet see Romney struggle. Since then, under a Gingrich charge, Romney has drifted out to [1.84], hardened back in to [1.13], and now, with Super Tuesday a fortnight away, is back out to [1.45]. It's now getting harder to assess the value in the market, and so I've traded out of my position on Romney for a small profit.

I suggest you do the same. Use your money instead to go back in on Obama to win a second term. Put up at [1.87] here at the start of January, Obama has since hardened into [1.58]. But that price still looks generous: the Republican candidates continue to trash-talk each other on a daily basis and it would take some inept campaigning from Obama's team to be unable to capitalise on that in the Presidential election.


Recommendations:
4pts back Ken Livingstone at [2.76] to win London Mayoral Election.
5pts back Obama at [1.58] to be Next President.

Despite what the markets are saying, Jack Houghton believes Mitt Romney is a weak favourite for the Republican nomination. And whether he becomes his party's candidate or not, the Republicans will struggle to beat Obama in November....

The following article was originally published in the Press Gazette in July 2006. It has been republished here as it is referenced in this article....

Betfair markets show that election is wide-open after Nick Clegg's game-changing performance in the first Live Debate....


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