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Tories Set To Lose 550 Seats In Local Election: Telegraph
The Conservatives are set to lose almost 550 seats in the local elections, the Telegraph reports citing survey results. Such dismal showing would represent the worst performance since Labour's defeat in the 90s.
- "Labour will hold 3,500 council seats, a gain of more than 800, whilest the Tories will retain just under 980, a fall of 548, according to the survey of 1,749 adults in the 201 councils going to the polls on Thursday."
- The Tories are also expected to lose their flagship councils of Wandsworth and Westminster as the government is coming under criticism over its handling of the cost of living crisis as well as the "partygate" scandal.
- Click here to see the full article.
To read the full story
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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.