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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
SCOTLAND
The Scottish National Party has held the constituency of Airdrie and Shotts in a by-election held yesterday on 13 May. On a low turnout of just 34.3%, the SNP won 46.4% of the vote to Labour's 38.4% in second place.
Chart 1. Election Results in Airdrie and Shotts Constituency, %
Source: North Lanarkshire Council, MNI
- The SNP's majority was slashed to just 8.0% in percentage terms from 13.1% previously (using numbers of votes is not useful in this situation given the abnormally low turnout).
- The election also shows the increasing willingness of pro-Union voters to vote tactically and abandon their preferred party in order to support the most likely pro-Union party to challenge the SNP. The combined Conservative and Liberal Democrat vote fell 7.3%, with Labour's rising 6.5%. Even with this tactical voting, though, the SNP were still able to secure a comfortable win.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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