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UK

The Labour Party have taken the lead in an opinion poll for the first time since 9 September following a week of headlines focused on 'sleaze' and alleged corruption within the Conservative gov't of PM Boris Johnson.

  • LAB: 36% (-), CON: 35% (-4), GRN: 11% (+5), LDEM: 9% (-), via @IpsosMORI, 29 Oct - 04 Nov. Chgs. w/ Sep
  • The centre-right Conservatives had previously been able to maintain relatively healthy polling leads over the centre-left Labour opposition in recent months despite shortages of goods and fuel, spiking energy prices, and rising COVID-19 cases.
  • However, the story involving now-resigned MP Owen Patterson and a gov't effort to alter the standards commissioner's role in parliament has seemingly hit home with voters, resulting in a sharp decline in Conservative support.
  • In the 1990s, allegations of 'sleaze' was a key contributor to the heavy defeat suffered by then-Prime Minister John Major's Conservative gov't. If Johnson cannot distance himself or ameliorate the situation the allegations of improper behaviour and corruption could stick with the gov't.
  • The gov't faces an emergency debate on the allegations against Patterson, the vote to reform the parliamentary standards commmissioner, and the subsequent gov't U-turn later today at around 1530GMT.
MNI London Bureau | +44 203-865-0981 | tom.lake@marketnews.com

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