2025 may surprise on the upside…

My uncharacteristic mild optimism may only be due to too many right-wing commentators reading the last rites for liberal democracy. But there you go. They, rather than me, might be disappointed…

It is time for 2025 predictions but also to review those for 2024. Umm…

  • The Tories will go down to a heavy defeat, possibly even annihilation – an easy tick
  • The Tories will move further to the Right after the election – tick
  • Trump will not win the presidency… to be fair this prediction was changed in June after Biden’s disastrous debating performance but still… – a rather large cross
  • The populist Right will make gains in Italy, Germany and France – tick
  • Putin will win in Russia (tongue in cheek!) and Modi in India. Modi lost his populist majority but governs in a coalition – tick
  • The war in Ukraine will grind on but Western resolve will hold up – tick
  • Netanyahu will not survive the year as Israel’s Prime Minister – cross

2025 will be a bumpy year, but perhaps not as bad as expected...

Five out of seven predictions were correct, but I would have sacrificed them all just to be right about Trump. Hey, ho. Perhaps I underestimate the attraction of populists.

So why some optimism for 2025? Well, mainly because populist support has been ‘priced in’, and too many people are dancing too heavily on the grave of moderates. Here we go:

  1. Trump will not be the all-conquering extremist many predict and may surprise on the upside. Janan Ganesh from the Financial Times at my Company’s investment seminar last November predicted Trump would be uncontrollable simply because he doesn’t face re-election. I am not so sure. Despite a largely competent start in picking his rather extreme Cabinet, he probably only has two years to make a difference before Congressional elections give back the House to the Democrats (an early 2026 prediction). As argued before, many of his policies are contradictory, his Cabinet is likely to be ineffectually chaotic, he has softened on Ukraine (though right to challenge Europe on defence expenditure), he might just want to be a little more popular in his final years or may simply lose interest in governing radically or governing at all.
  2. Labour will have a torrid time (its communications skills are still hopeless), but it has four years, and glimmers of progress towards its targets will appear by the end of 2025. The UK will appear a beacon of stability internationally, and this will ultimately benefit the government.
  3. Starmer will lead Labour throughout 2025 and into the next General Election despite mutterings.
  4. Reform UK will have a strong year but are close to peaking. Don’t underestimate the hostility of a large proportion of the electorate towards Farage and the likes of his backers such as Trump/Musk. Although Farage and Musk now appear to have fallen out. What a shame.
  5. The Tories will have a terrible year and will flatline in the polls. Badenoch has not found her feet yet and seems to have forgotten the Tories’ way back to power is to regain their reputation for economic competence. Too early, I know, but she is unlikely to lead her Party into the next General Election. Such turmoil in the main opposition party will benefit Reform but also Labour.
  6. It is too early to predict events in France although things do not look promising but there will be better news in Germany. The unstable largely left-wing coalition will be heavily defeated in February, ushering in a centre-right CDU/CSU coalition government despite the rise of the extreme AfD.
  7. A miserable year for China. Slowing growth, a possible trade war with the US and Xi’s dominance starting to grate across the country means there will be no move on Taiwan despite bellicose noises. China simply cannot afford the economic consequences, particularly when they are also losing ground to their unfriendly neighbour, India.
  8. Not least Russia/Ukraine. See first prediction above. Trump will eventually force a tougher peace solution on Putin over Ukraine than Putin wants. Putin is winning the war but at great human and economic cost. A Trump led ‘solution’ will probably involve greater support for Ukraine from Europe, guarantees on borders, but not fully on Ukraine’s terms and no NATO membership. It is 50/50, whether the war ends this year. Even this blog knows when not to put your neck out…
  9. Lastly, the Middle East. The war in Gaza will end this year but on Israel’s terms.

That’s it folks. A roller coaster of a year but optimism is based on the fact that progress towards the death of liberal democracy will stall…

Happy New Year!

Tories on course to make the wrong leadership choice

They never learn. They never learn. The Party membership is to the right of ordinary Conservative voters and their final, decisive role in choosing the next leader (they vote between the last two leading candidates after MPs have chosen the shortlist) is likely to take the Tories into a cul-de-sac of their own making.

Who are the runners and riders in what (quite rightly) will probably be a lengthy leadership campaign but with no certainty of redemption at the end of it?

A poll of members today confirmed the current favourite is Kemi Badenoch. Why? She has no legislative achievements to her name, is unnecessarily aggressive, particularly with the media, and seems to have made her name by pursuing culture wars. Whilst her views may be sincerely held, that is hardly where the Tories are going to regain voters.

Nobody above is likely to be the next Prime Minister…

Then there is Suella Braverman. To the right even of the most die-hard Tory members although still attracting the votes of 16% of them, she has disgraced herself with an article just before the election damning the Tory election campaign and then this week with her homophobic rant. She is truly awful. Extreme, disloyal and with no sense of public service. The sooner she joins Reform, the better.

Right-wing Priti Patel, another former Home Secretary, is mooted to be standing but is not up to the job. Caught dancing with Farage last year, although now claiming he has no future in the Tory Party, she should perhaps dance off to Reform too.

Finally, on the Right, the smarmy, reinvented immigration hard-liner, Robert Jenrick, who left Sunak’s government in a sulk at not getting a full cabinet post, is simply not credible.

The moderate candidates so far are James Cleverly, Tom Tugendhat and Victoria Atkins. All three are decent people but Cleverly will simply be a short-term, stop-gap leader and it doesn’t feel Atkins is quite ready for it. Tom Tugendhat is the best bet but is unlikely to clear the hurdle set by the Tory membership. Sadly, the estimable Jeremy Hunt has understandably ruled himself out of the contest.

A few points to note. The Tories lost most of their key southern seats to the LibDems. How the hell are they going to regain them by moving to the right? What’s left of the Tory parliamentary party is fairly centrist. Perhaps the membership will surprise us with a more moderate choice if enough have cleared off to Reform by the time of the vote. If the Tories embrace Farage/Reform in any way, it will be the permanent end of the Tory Party. If I were the LibDems, I would already be making plans now to entice moderate Tory MPs to join them if this unlikely occurrence happens. More on that in a future blog.

What is almost certain is the next Tory leader will not be the next Prime Minister. In fact the next leader, whilst fulfilling the important role of trying to hold the government to account, will largely be an irrelevance. Just ask William Hague.

Time for the Tories to tackle Farage head on

Well, I have to say last week’s pre-election blog was pretty much accurate. As expected, the Tories got over 100 seats (I have won £10 and a lobster dinner!) as Reform fell back a little. Labour romped home, albeit with a disappointing share of the vote and the LibDems had a great night too. Throughout the campaign they looked like the only politicians enjoying themselves. Good for them. The almost total wipe-out of the SNP was perhaps the biggest surprise of the night. That’s Scottish independence on the backburner for a generation.

For now, everybody should hope Starmer succeeds…

But the Tories’ 121 seat defeat was the worst result in their history. After 14 years of missteps (that’s putting it politely…) where does this well-deserved defenestration leave them?

Do you remember the raison d’etre of calling the Brexit referendum in the first place, which sowed the seeds of their ultimate demise? It was to cure the Tory Party of its internal splits on Europe. Err… that went well, didn’t it…?

Here we are 8 years on, and the hugely diminished Tory Party is now plagued by a resurgent anti-Europe, anti-immigration Reform UK party, with 4m votes and 5 seats in parliament. All that cosying up to the Right by Sunak and his predecessors came to naught. The ridiculous Rwanda plan was a perfect example. Peddled in the dying days of the last government by a Prime Minister who didn’t really believe in it, it was a waste of time, making the Tories look unpleasant, and incompetent at the same time.

There is only one solution for the long term recovery of the Tory Party. Tackle Farage and Reform UK with their dog whistle rhetoric head on. To paraphrase Matthew Parris, the more you compromise with the populist Right, the more ground they want. Now is the time to give them nothing.

With Labour securing 412 seats on only 34% of the vote and a largely sympathetic LibDem Party, the country will need thoughtful, moderate, centre-right Opposition. One that outlines the benefits of effectively controlled immigration, that advocates closer ties with Europe both economically and to sort out the boats crisis, that praises the advantages of a multicultural Britain, that understands the economic pressures on poorer voters and comes up with solutions that don’t simply involve talking about taxes and lashing out at minorities/the EU. The Tories also specifically need to pivot to offering policies for a younger generation of voters. They should support Starmer, where he is getting things right (not follow the ridiculous advice from the anti-patriot Johnson who advocates attacking him from the start). They should regain a reputation for steady, quiet competence.

The Tories lost voters to a range of parties, not just Reform. Notably the LibDems in the south. It was their clowning incompetence that did for them, not being insufficiently right-wing.

There is a gaping hole in the centre-right of politics from where elections are won and the Tories must move there, understanding recovery may take ten years. With careful analysis, a new leader, who almost certainly will not become the next Prime Minister, should take time to root out Farage/Reform at their source and let them wither on the fringes of politics. It is where they belong.

Too close to call…

By that, I mean whether the Tories gain over 100 seats or not… reinforced by yesterday’s YouGov poll.

In what will be a well-deserved calamitous result for the Tories, they will face a wipe-out across the country, not so much due to a huge swell of support for Labour but a combination of the collapse of the SNP, resurgent LibDems in the South, Reform attacking from the Right and tactical voting to oust as many Tories as possible. It is time for a change.

Tories fighting to clear 100 seats…

I confess that I have had two bets on the election outcome for some time. Neither will make me rich, and neither are due to insider knowledge… One is with a colleague for £10 and one with a journalist for a lobster supper, and both are based on my view that the Tories will gain over 100 seats. Why?

There is a genuine fear amongst some of the electorate that Labour’s majority will be too great. Probably even Starmer doesn’t want a 200 seat majority. Imagine the indiscipline and lack of mandate based on 40% or so of the vote. Enough former Tory voters may well pull back from the brink of voting Reform, who will still have a reasonable night regardless.

What will not help the Tories’ cause is the last minute, almost insulting appearance of Boris Johnson on the campaign trail. No doubt emboldened by the resurgence of Donald Trump, this ludicrous, narcissistic character believes he can perhaps be the Tories’ post-election saviour when, in reality, he is the principal architect of the party’s demise. His appearance will simply remind floating voters of this.

What a battle lies ahead for the soul of what is left of a once impregnable Tory Party, already written off by a deeply unhelpful article in yesterday’s Telegraph by the charming former Home Secretary, Suella Braverman. But that is for another day. Sunak, who has fought a somewhat ill-judged but brave campaign, deserves better.

As France toys with fascism – there is no other word for it – and Trump prospers at the expense of a clearly too frail Biden, the UK, for all the problems the country faces, could be a beacon of stability in a sea of polarisation after today. And if for no other reason, that is a note of optimism on which to end this overly long, tedious election campaign.

Happy voting!

The Tories only become interesting after July 4th…

That is if they survive, of course… Incredibly, the election continues to get worse for the Tories. The latest opinion polls, on average, have them winning just a hundred or so seats maximum with Labour’s majority being 250 plus. Reform UK may scrape a few seats, but only the LibDems seem to be the ones having some FUN. I won’t hear it against Ed Davey. His stunts are getting him publicity, and his role caring for his son has really resonated. They may surprise on the upside, adding to the Tories’ woes in the South/Southwest.

If they don’t self-destruct, the Tories become interesting again… on a 10 year view…

This blog feels the Tories will do a little better on the night as former Tory voters peer into the abyss and pull back from Reform. They will at least remain the second largest party, but it is pretty clear Labour is on course for a huge majority. The interest on election night will be less about the outcome and more about the scale of the Tories’ defeat and results in individual seats.

The Tories will be out of power for a generation and deservedly so. Attention will initially be on the new government and some actual policies, but Labour will have an opaque mandate, and over time the focus will switch to a decent Opposition holding the government to account.

So, back to the Tories. Despite relative moderates being well represented in parliament on most election outcomes, courtesy of its inglorious members, the Tory Party will almost certainly move to the Right. Moderate MPs, who are usually hopeless in leadership elections, will not be organised enough to block this and will get tripped up by the membership if they were. But therein lies electoral oblivion. A move back to centre ground beckons second time around on a long-term view. The question is who can be bothered to wait?

In the meantime, there is Farage/Reform. They will not merge with the Tories, and if they did, the Party would irrevocably split. Incidentally, if Boris Johnson tries his hand at leadership again, it would be the same result. No more Tory Party. Whilst new centre ground parties have a terrible record of succeeding, the total defenestration of the Tories would present unique territory for them to thrive.

So, on the basis that the electorate will want a competitive political landscape, attention will eventually turn back to the Tories or, if they self-annihilate, their successors. Whatever path is taken, the Opposition will probably have a good 10 years to even draw level.

Things can only get better…

I have an idea to rejuvenate the Tories’ election campaign. They should adopt Tony Blair’s 1997 campaign tune, ‘Things Can Only Get Better’ by D:Ream on the basis things can’t get any worse…

The Tory campaign has been a disaster and it showed in Sunak’s body language in the Sky News interview last night. He looked utterly dejected and gave the impression he couldn’t wait for the whole awful experience to be over. California beckons whatever Sunak says.

Unfortunately for Sunak and the Tory Party, Sunak is no politician…

What has gone so badly wrong? Well, the obvious reasons are launching the surprise campaign in the rain on an unprepared Party, flinging untested policies into the arena such as National Service and then the D-Day debacle. Sunak’s colleagues are not with him, and he paints a lonely campaigning figure. He may be the most decent Tory leader of recent times (not much competition there), but he is a hopeless politician. Why an earth didn’t he wait? By November there would have been at least one interest rate cut and Rwanda flights which never resonated with the electorate anyway (only Sunak knows why he tied his future to this ridiculous policy) may or may not have taken off. It wouldn’t have really mattered. Sound stewardship of the economy, proving he was on top of its recovery would have been his best bet. Unless, of course, he thinks economic news will only get worse over the summer, a point not lost on the electorate.

And then there is Reform UK and the dog whistler, Farage. The Brexit referendum in the first place, the populism of Johnson, the disastrous tax cutting Truss, Rwanda and countless other nods to the Right including the initial appointment of Suella Braverman as Home Secretary were all meant to assuage these folks and see them off. As one surveys the wreckage of the Tory Party, you wonder how the Foreign Secretary feels… Sunak, coming at the fag-end of a long Tory administration, was always going to have a tough time but he should have tacked firmly to the centre on day 1 and faced down his right-wing critics. The more you give, the more they take… We are now in the position where Reform are snapping at the heels of the Tories and Farage has a reasonable chance of becoming an MP before ‘taking over’ a defenestrated Tory Party.

Incidentally, the fight for the soul of a shrunken Tory Party after the election, ex-Sunak, should be one Tory moderates relish. There are many blogs on this to come…

Then bizarrely today, we have a Sunak aide being investigated by the Gambling Commission for pre-election betting on the date of the General Election. A case of insider dealing it seems… but why only place £100 at 5:1? A win of £500 does not seem sufficient compensation for a ruined career… Tory advisers can’t even get this right.

In the meantime, Starmer and the Labour Party generally look confident. They have barely put a foot wrong, and their safety-first approach gives the appearance of a government in waiting. It appears a largely effortless march to power. Of course, there are dangers in this but not too many.

Week 3 to Labour then. In fact Week 3 to almost everyone except the hapless Tories.

Another good week for Labour…

There is so much to write about… The ANC has lost its majority in South Africa and Trump has been criminally convicted on all 34 accounts in the hush-money case. More on the latter topic next week when I am based in New York for a few days. I can’t wait!

Now to the General Election in the UK. It has been another good week for Labour which has extended its lead in several opinion polls. Despite indications that the public likes some of the Tories’ new policy ideas such as National Service, they are making no impact on the party’s fortunes. Why is this?

The electorate has simply made up its mind. It is time for a change, and it would have to be a truly momentous incident for this settled view to be revised. Sunak is campaigning like an underdog opposition leader bouncing around with new ideas to try and attract attention. Starmer, meanwhile, is saying very little and campaigning more like a prime minister. Very wise and the contrast in styles has not escaped the notice of voters to Starmer’s benefit.

Looking and sounding tough on the hard left whilst reinstating Diane Abbott…

Of course there will be bumps in the road for Labour but one of them is not the row over whether Diane Abbott should be a formal Labour candidate or not. Actually, it has just been announced she can stand as an official Labour candidate in her constituency. A not very insightful column from Stephen Bush of the FT suggests all this brutal factionalism is showing Labour’s not very nice, machine politics side. Nonsense.

Labour has always been criticised for being too nice, not ruthless enough. Hence the Tories’ never-ending election success. The deselection of Corbyn and the row over the suspension and reinstatement of Diane Abbott just shines a light on how tough Starmer has been in clearing out the hard left. It reinforces the narrative that Labour has changed under Starmer, and nothing will get in the way of it attaining power. In other wording, despite whinging from the sidelines by a few journalists and Labour activists, Starmer emerges stronger from all this.

So far, the election campaign has been thoroughly boring. Only the TV debates and the last few anxious days in the run-up to election day will liven things up. In the meantime, round 2 to Labour.

In your dreams, Rishi…

In The Times yesterday, surveying the wreckage of the local election results, Rishi Sunak was quoted as saying Britain was heading for a hung parliament at the general election with a Labour government having to be propped up by smaller parties. Nice try, Rishi, but you have got to be joking…

It could barely have been worse for the Tories…

The results were a disaster for the Tories. The fact that Labour only got 34% of the vote is irrelevant, being obscured by all sorts of local factors that won’t be repeated at a general election. Labour won almost everywhere they had to, often very comfortably and the LibDems and Greens had good results too. What was remarkable is that Labour, in particular, for the first time in a generation, are distributing their votes efficiently rather than simply piling them up in inner cities where they were already doing well. That is a very, very bad omen for the Tories.

The clear message is that most voters are heartedly sick of the Tories and will go to any lengths to get rid of them. It really doesn’t matter how relatively unpopular Starmer is versus Blair in his hey day. It is time for a change and the huge anti-Tory coalition will swing into place ruthlessly in the Autumn voting tactically to wreak the most damage; LibDems in the South/South West and Labour everywhere else including Scotland which of course wasn’t voting last week. Reform UK will undercut the Tories from the Right, everyone else from the Left. Oh dear indeed…

This blog currently predicts not a hung parliament but a Tory wipe-out. They will be lucky to survive with a 150 seats.

And only some while after the next election will the Tories get interesting again. Every government needs a decent opposition and Labour with an inherited economic mess and no clear mandate in terms of policy commitments will quickly become unpopular. There may at least be some curiosity about what lessons the Tories have learnt from their defenestration.

The problem is that, today, there are very few indications from leading Tories they will learn anything. With rumours of a Johnson/Farage realignment of the Right of politics using the vehicle of a hugely weakened Tory Party a year or too hence, with good moderate Tories going/gone (the former West Midlands mayor, Andy Street, being one of these) and the existing left of the Tory Party seemingly (self) defeated, the Labour Party regardless of their competence may be in power for a very long time.

Time for a new centre-right party you might think. Well, however laudable, we have been here before and it seems as likely as one of Sunak’s unintended jokes about a hung parliament.

Armageddon for the Tories

There has been no blog for the past few weeks. The trajectory of politics has been pretty predictable and there has been nothing to add; the gradual demise of today’s Tories, the rise of Trump and the truly vile anti-West right-wing Republicans, the permanence of Putin and populism on the march in Europe.

But having spent some time with senior Tories recently, the sheer disaster awaiting them at the next Election is clearly coming into view and they know they can do nothing about it. This will be no 1992 all over again. The Tories will be routed and 1997 may evoke fond memories for them in comparison.

Ah, I hear people say, there is no appetite for Starmer. It doesn’t matter. The public is so heartedly sick of the Tories, Labour will storm it whether it is partly due to Tories staying at home (similar to 1997) or the rise of Reform UK or the rise of the LibDems in the South or the collapse of the SNP in the North.

Interestingly, Sky News do a tracking poll of 33 voters who voted Tory in 2019. Nine are switching to Labour and five to Reform. On this small sample alone, the Tory vote will be down by over 40%. Interesting, really, that we seem to be the only major democracy currently moving mostly to the left even if it is without enthusiasm.

Holding a sword… a key attribute apparently to becoming the next Tory leader…

But it can hardly be surprising. The behaviour of senior Tories is appalling, now contemplating another change at the top from the decent if increasingly politically hapless Sunak. Penny Mordaunt is the next sacrificial lamb mooted as leader, her key merit being she held a sword aloft very well at the Coronation. You really can’t write the script…

To some extent it is Sunak’s fault. He is no Tory left-winger but in trying to ingratiate himself with the Right he has simply earned their contempt. He should have stood up to them from the start. If they felt Johnson and Truss were ok why did he think they would ever accept him? Let them clear off to Reform if they have to. It will ultimately be a political dead-end.

The only silver lining, first highlighted by the excellent Stephen Bush in the FT, is that post-election there is a small chance the Tories move to the centre-ground as right-wingers amongst the grassroots head elsewhere. Certainly, analysis shows the parliamentary party will not move much to the Right in composition if it is defenestrated. Umm…, I am not so sure. It partly takes ruthlessness from moderates to seize control of the Tory Party and there is currently no evidence they are up for the fight.

Hey ho. It feels like an exciting year ahead politically but one where no one really gets what they want!

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Several topics this week and none of them good…

No one political event this week requires a dedicated blog. Three occurrences have all raised issues of importance, none of which fill you with optimism…

The tin ear of Sunak

This blog rated Sunak as a competent technocrat who would restore a degree of sanity to the Conservative Party. At the same time, it also predicted he wouldn’t particularly resonate with the electorate. Too true. His lack of political nous is somewhat of an understatement. He has tried to re-boot his premiership many times in many different directions and yet to no beneficial effect whatsoever. He was to be the competent steady ship with a firm grasp of economics, but then became an agent of change, cancelling HS2 of all places in Manchester and announcing a longer-term ban on smoking having just said he wanted to cut government interference in people’s lives. Then in a huge U-turn, in comes Cameron (no change there then…) and a bunch of moderate Tories to the Cabinet having partly given up pandering to the Right of his party. The only policy Sunak has been consistent on is Rwanda, which he doesn’t even believe in, and it has been a disaster. This week, in an interview with the vile Piers Morgan, he even got drawn into a £1000 bet that he would get illegal migrants on a plane to this wonderful place before the next election. What was he thinking of?

Adding insult to injury, on Wednesday, at PMQs, still pursuing culture wars as a dividing line with Labour, Sunak makes a crass joke about transsexuality whilst the mother of the murdered teenager, Brianna, is in the parliamentary building. Oh dear. He should stick to his core economic competencies, ignore the Tory Right (they have nowhere to go this side of an election) and protect his dignity. He is no political tactician and now we all know it.

Hobson’s choice…

Labour’s £28bn U-turn

Subsidising green initiatives has been a huge boost to the US economy. But Labour has now run scared of a similar policy in the UK, which was one of its few differentiating election pledges, cancelling the commitment on Thursday. The party seems to stand for nothing now except not being the Tories. Starmer comes across as believing in very little, has created confusion about what he wants to achieve in government and, frankly, looks shifty. The Tories are in such a dire mess, it probably won’t make any difference come election time. Labour is set for a huge victory, but it bodes ill for its competence in government.

Biden’s cognitive decline

This blog thought he could get away with it. Biden would beat Trump regardless, having actually run (even if by delegation) a competent administration. Trump has his own issues with cognitive decline, and, in a highly polarising election, voters would ultimately rally around Biden in the face of the awful consequences of a second Trump presidency.

Hobson’s choice again…

This may still be the case but just recently Biden has mixed up Mitterrand with Macron, Kohl and Merkel and Ukraine with Iraq. Now, devastatingly, the Special Counsel appointed to examine Biden’s handling of top secret files found he had mishandled them but declined to pursue a legal case on the basis his memory has “significant limitations” and accordingly Biden would present himself “as a sympathetic, well-meaning, elderly man with a poor memory”. In a press conference to dismiss these findings, the outraged Biden subsequently confused the presidents of Mexico and Egypt when asked to comment on the Middle East. Oh dear indeed. Three quarters of voters, whilst being no fans of Trump, have voiced serious concerns about Biden running again. It seems the Democrats are taking a huge gamble with Biden, and it is at the whole world’s expense.

Sunak, Starmer, Biden, Trump? What a choice…

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