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Why was the next pm market closed and then re-opened?
Why was the next pm market closed and then re-opened?
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http://www.bbc.co.uk/news/uk-politics-32816450
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I think a government has to be already formed by the time a queen's speech is submitted.
Being defeated in the debate on the queen's speech is, in effect, a vote of no confidence for the current government attempting to pass their legislature and then triggers the process of forming a new government. Think this is what happened to Stanley Baldwin in 1924. |
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i've changed my mind on this now, i think may stays, for a while.
Hold on until the end of tomorrow, but if she's still there on Tuesday, I think she'll stay, but won't last the year out. |
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I think that is the correct analysis. The coalition play would be a huge shock and I'm surprised to took until early evening last night to figure that out. Replacing May would be almost suicide for the Tories, so unless the DUP play hardball and pull out
 , I don't think there will be any huge market shocks here. |
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I still think 1.25 was an outstanding value lay on friday evening, but if she was going to be knifed, it would have happened over the weekend.
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'Con Minority' government traded 1.4 - 1.5 in size for a few hours yesterday late yesterday afternoon.
We now have rumours that the DUP are insisting on Farage in the Brexit talk team. |
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I might be mistaken, but I feel sure it was betfair that said to me that the market would be settled when may went to the queen. So when I saw that she had gone I traded out so that I had £100 on may. If I had known it was going to go on all this time I would have kept my position as I was a healthy green on all of them.
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hysterical.
for all the swivel-eyed loon UKIP bashing and farage distancing, it's comedy gold that the conservatives have got into bed with a bunch of nutjobs who make UKIP's most rabid members seem like progressives. and now they're telling them to associate with Nige. |
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The only thing that should matter is that a Government is formed. May can form a government even if the DUP tell her to fk off .The Queen's Speech being voted down also should be irrelevant as a government will have been fully appointed by then.
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I keep topping up on this. I've never seen a good enough argument for the Tories dumping her. Of course she's holed below the waterline and will be got rid of soon but she'd have been dumped on Friday if they were going to get rid of her and doing so would have been an even worse choice than keeping her on, given the additional chaos it would have engendered.
I'm now at the point where I don't understand when the market will be settled at all but I'm not that worried now. |
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cabinet meeting altered and queens speech delayed
oh dear turmoil |
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will royal ascot be cancelled if queen is required to make a speech, or can she do it in the morning
after a hard breakfast? |
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The constantly announcing things then putting them back is ominous.
Seems quite desperate. While I don't have any sympathy for Theresa May , looking at it from her point of view I wonder if she might take a nuclear option here. The Tories are humiliating her , sacking her precious advisers , making it clear she is going to be a puppet that will do what she's told for a few months before they decide it's more convenient to get rid. Nothing to stop her going to the palace and advising the queen to send for Corbyn. |
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So the meeting with the 1922 committee is brought forward to today, that is ominous too
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The 1922 committee meeting was always going to be today.
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The BBC saying it was scheduled for Tuesday .
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The only turmoil here is why the heck BF haven't settled yet. It's a total joke
Every man and their dog is well aware who the pm is, hopefully it's settled after this 1922 meeting. |
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Think we'll have to wait until after the Dup meeting/announcement tomorrow. Pm market and next government market have similar rules so bf should be settling them together. Although on twitter bf cs suggested waiting for the Queen speech, not sure thats correct.
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If appointing a full cabinet was not enough they must be waiting on the junior minister appointments
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Pretty sure both markets will be settled AFTER the queens speech is voted through......that confirms the gov't.
Seems odd I know, and I'd like it settled now too, but that's how it'll go I think. |
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When the stated criteria is the prime minister that forms a ministry there is nothing odd whatever that it is not settled.
What I disagree with is that the Queen's Speech should be a factor. |
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Agree that the Queen's speech has fk all to do with it. There is absolutely nothing in bf's rules on this market that mention the Queen's speech. They have told me personally that it's down to this DUP agreement so hopefully, as someone said above, it will be settled once that's confirmed.
Fwiw the next time bf have a market on this they should make the rules a damn site clearer |
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News just in.
Betfair on case and market likely to be settled imminently. Expect the big red suspended sign on you screen! |
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The market should have been titled 'Next Prime Minister to form a government '
The DUP deal should not be a factor at all imo |
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so DUP deal done ?? as BFCS stated that they need confirmation of same
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According to bf all the boxes have now been ticked with all the cabinet/minsters in place (the DUP deal doesn't matter) and they are on the case to get market settles asap
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then betfair are contradicting their own CS twitter a/c
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whatever - its an outrage that they have told you that an open market is going to be settled.
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post was to jamesdean
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yep that sounds very odd
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roger
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Why is it an out rage? I said likely to be settled asap
You pay your money you take your chances, we're all grown ups. Until it is settled anything can still happen and the odds reflect that |
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The government has not been fully formed.
There are still junior ministers listed that lost their seats last week. |
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Don't think they will settle until after 1922 committee has met, they could derail her.BF wouldn't want to face the situation of settling now only for 1922 to turn her over and her being gone tomorrow, they state the issue of ambiguity in the market rules and this situation is full of that
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@jamesdean you said
Betfair on case and market likely to be settled imminently. Expect the big red suspended sign on you screen! According to bf all the boxes have now been ticked with all the cabinet/minsters in place (the DUP deal doesn't matter) and they are on the case to get market settles asap So did they tell you all boxes have been ticked or not? |
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The first line of the rules is
Who will be the Prime Minister of the United Kingdom when the first government is formed after the next UK general election The government isn't formed imo until it has the confidence of the house. |
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Shocking if Betfair staff are making these random statements about things irrelevant to the market rules!
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The government isn't formed imo until it has the confidence of the house
Since when? The Government is formed when the PM forms it, nothing to do with confidence of the house. Listen, May has done everything. She is the PM. If in 2 or 3 days she is removed then that's a different matter. The market wasn't about how long she'd be pm after the election just who would be the next pm after the election (with a formed government) |
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jamesdean
jamesdean 12 Jun 17 14:32 Joined: 15 Sep 05 | Topic/replies: 11,364 | Blogger: jamesdean's blog News just in. Betfair on case and market likely to be settled imminently. Expect the big red suspended sign on you screen! Rate Do you have a transcript if this discussion? |