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1.Market Observations, 8.Was Sticky

7 June 2017 (AFR) – UK election: the AEST guide of what to watch out for

NOTE: The British election takes place on Thursday 8 June (that’s Friday Australian EST time).

(7 June 2017, AFR, p36, by Eddie Buckle)

UK general election - latest polling averages (%)‘London: Britain’s general election is actually 650 separate votes in 650 individual electorates, won on a first-past-the-post basis. There are no preferences: the candidate with the most votes wins. Most seats won’t change hands, and the outcome of only about 100 will determine the final tally for Theresa May‘s Conservatives and Jeremy Corbyn‘s Labour Party. A parliamentary majority is 326 seats. Last time round, it was the result from Nuneaton in the English Midlands at 1.50am (10.50am AEST) that set the stage for David Cameron’s eventual victory – not only did Ed Miliband’s Labour fail to take a must-win bellwether seat, the Tories actually increased their share of the vote.’

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