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Why can you still back May to leave at 1.15?
Why can you still back May to leave at 1.15?
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If she is going to be 'caretaker Tory leader' until a new leader is elected then why mention June 7th at all
 She could just have said she will continue until the leader is elected. So it seems to me the position falls vacant on June 7th. |
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Because that's what triggers the leadership contest which begins the following day. She apparently doesn't want to be some sort of interim leader when Trump is here.
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Well she is an interim leader already whether she likes that or not.
The leadership contest begins on June 10th at earliest as far as I can tell 'Nominations will close in the week commencing 10 June 2019' |
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Yep, she resigns on Friday 7th and contest begins Monday 10th, the following workday.
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I can’t see that the notice idea makes sense. She gave her notice the other day that she will leave on 7th June
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it should be
This is an extract from a Parliament doc about the leadership election The Prime Minister, Theresa May, announced her intention to stand down as leader of the Conservative Party on Friday 24 May. She will stand down on Friday 7 June, starting the latest leadership contest of the Conservative Party. |
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If her resignation on June 7th is necessary to trigger the leadership election then surely she ceases to be leader on that date and the position falls vacant ?
Otherwise how is June 7th going to be any different from today ? If she is going to be leader until the election is done she may as well have said 'I am resigning but will remain in place until the new leader is chosen' and not mentioned June 7th at all. |
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Here's a link to the full report that dave referenced
.https://researchbriefings.parliament.uk/ResearchBriefing/Summary/SN01366#fullreport It is irrefutable, from an official source (there's a pdf in the link). |
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She is still leader until there is a new leader. Only hope for June backers is if there is a repeat of '16 when Leadsom stood aside from the play-off and it never went back to the membership (so much for Brexit enabling democracy).
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"On Friday 24 May 2019, Theresa May announced she would resign as leader of the Conservative Party on 7 June" -https://researchbriefings.parliament.uk/ResearchBriefing/Summary/SN01366#fullreport
Aka on 7 June, she won't be leader. |
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The morning headline in all the papers will be "Theresa May Resigns as Tory Party Leader". Then the market will be settled.
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I think the June 7th date was mentioned so that the leadership contest is not taking place until Trump leaves. Other than that it doesn't really mean anything. What duties would the PM be standing down from?
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Nothing changes on June 7th.
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who has the uk nuclear codes on 8th june ?
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What duties would the PM be standing down from
She can be the PM and not the party leader What happens if a Conservative prime minister resigns the leadership? If a Conservative prime minister resigns as leader of the party, this triggers a contest for a new leader. They could choose to stay as Prime Minister until a new leader is elected, or resign in favour of another Conservative MP who would temporarily be Prime Minister until the leadership contest is over. This would be an unusual situation. If they resign as Prime Minister or are defeated in a general election, they can remain leader until a new leadership contest. https://www.instituteforgovernment.org.uk/explainers/conservative-party-leadership-contests . |
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Note that it is possible to resign from everything PM, leader, MP (and fck off to Switzerland on a long holiday). Under those circumstances would anyone be claiming that she is still party leader?
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Some people seem to believe that the market is "when will Theresa May step down as PM"
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would be more easy to settle if it was pm
but hey ho |
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She can be the PM and not the party leader
No, I don't think she can, Dave. The Prime Minister is an MP and head of the government. The leader of the party that wins the most seats in a general election is appointed Prime Minister by the Queen. From your link. |
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rofl utter nonsense
A little hint that will help you through the world. If you want to find accurate information, go to the relevant section of the document that you are reading. For instance, if you have a headache don't push anusol up your nose. |
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dave - Becoming more vehement doesn't make it more likely the mkt will be settled in your favour, it just makes it more likely it will hurt you more if it isn't.
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I am fairly sure that betfair's present interpretation is not in my favour but nothing you have posted supports that interpretation and everything I have posted supports my interpretation.
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And btw with consumer legislation as it is they will have to provide some pretty strong evidence to support their point of view. "We say that's the way it is" isn't good enough anymore.
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When will Theresa May officially cease to be leader of the Conservative Party?
Customers are entirely responsible for their positions at all times. Betfair will not be responsible for suspending the market when an official announcement is made by the Conservative Party. However, Betfair will suspend the market as soon as it becomes aware of an official announcement. In the event of any ambiguity over an official announcement, Betfair may determine, using its reasonable discretion, how to settle the market based on all the information available to it at the relevant time. Betfair reserves the right to wait for further official announcements before the market is settled. seems quite clear |
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Really? I just posted from your link. Which says that the PM is de facto the leader of the party in power. How can it be otherwise?
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The clue is in the title - "EXIT DATE, Theresa May"
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Yes it is quite clear
Q When will Theresa May officially cease to be leader of the Conservative Party? A 7th June |
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But not officially, because if it was official she would no longer be able to continue as PM.
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If you resign from your job on 7th June you'll probably remain in position until your notice period is fulfilled. Betfair (and others) argue 7th June is triggering her notice period (which lasts as long as the leadership contest does).
Nobody can show anything official to say whether this is correct or not. |
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i think you need to look up definition of resign dave
doesnt mean she ceases her duties,on 7 june, but of course she might. |
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Well we'll see. I'm trying to get an opinion from someone who works for the party, but she's a bit of a cautious soul and might not want to commit herself.
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Even if it were to be considered constitutional, I don't believe the distinction between resigning from the leadership and the office of PM exists except to synchronise the ensuing leadership contest. It signifies nothing else.
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A PM is anyone who says to the Queen, "I can form a government". They don't even need to be a member of a party or even a member of parliament. (Although obviously impossibly unlikely.)
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Surely Major set a precedent back in June 1995 when he resigned as leader of the conservatives due to criticism of his leadership but remained PM, he was then re-elected a month later. During that period the leader of the conservatives was vacant. I'm guessing the only reason the odds are as they are is because no one trusts Betfair to settle the market correctly because their terms allow them to use their 'discretion' which usually means whatever's the least hassle for them.
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Well we'll see. I'm trying to get an opinion from someone who works for the party, but she's a bit of a cautious soul and might not want to commit herself.
i think the text of her resignation speech will be useful, if one is released on 7 june. of course it may be known before it is published, i suspect she and brady will know what has been agreed, but even then, that might be disputed, and if she wants to say she is still party leader, having tendered her resignation, nobody will want to argue, save those that have money on it. |
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Surely Major set a precedent back in June 1995 when he resigned as leader of the conservatives due to criticism of his leadership but remained PM, he was then re-elected a month later. During that period the leader of the conservatives was vacant. I'm guessing the only reason the odds are as they are is because no one trusts Betfair to settle the market correctly because their terms allow them to use their 'discretion' which usually means whatever's the least hassle for them.
and major again in 1997 ? and cameron in 2016? ........how was his exit settled on hear on that resignation? both resigned and remained as con party leader...obviously no betfair in 1997 what about thatcher? she is deemed tory leader until major took over, no vacancy period. again no betfair to see how market was settled.. |