The Labour Party’s by-election successes today—which really do herald the end of this Tory government—are to be celebrated for that reason. But as the champagne corks pop, there is I think a downside, which is to say that they will guarantee Sunak goes on for as long as he can. The chances of a spring general election must now be zero, so we’re definitely going to have a further six months of this appalling government. Sunak may even want to spend two more Christmases in No.10. Meanwhile Starmer must have been celebrating another victory—an endorsement from Larry Fink, the CEO of the world’s largest asset management fund BlackRock. This is not without controversy—BlackRock claims to be ‘right-on’ when it comes to the environment but still pumps money into fossil fuels and other naughty things. There have been suggestions that Fink & Co. are behaving hypocritically. Well I never! Isn’t this the problem with the ‘centre’ ground—you’re always looking in two opposite directions at the same time (with a strong veer to the right)?
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March 2024
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