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if tories announce she is no longer leader, then she is no longer leader.
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IMHO she ceases to be leader of the Conservative party on June 8.there is obviously a need for her to continue as pm in a caretaker role till a new one is elected,but as far as the party’s concerned it doesn’t matter if they have no leader for a few weeks,so she finishes from the 8th then they have no leader till mid July.
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why would she cease to be leader on the 8th ?
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Cos that’s the first day after her resignation.
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When was the Cameron Exit mkt settled, June or July '16? Can anyone remember?
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i cant find it, but maybe i didnt bet on it on hear
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Betfair paid out on next Tory Leader on 11th July 2016 18:39. They paid out on next PM on 13th July 2016 17:48.
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I guess that would have set the precedent. If there was a mkt for Cameron going.
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Well then, that is the precedent, is it not?
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That's next tory leader, not exit date.
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Cameron didn't give a resigning date. He just said he was resigning and that a new leader/PM would be in place before the party conference.
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So whilst Cameron resigned on 24th June, Betfair didn't pay out until a new leader was appointed. It's that precedence they're sticking by. People being confused by May just giving notice of the day she'll be resigning.
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again
Cameron didn't give a resigning date. He just said he was resigning and that a new leader/PM would be in place before the party conference. |
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Cameron had to resign the party leadership to trigger the leadership contest, Dave.
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Lifter 27 May 19 13:12 Joined: 19 Sep 14 | Topic/replies: 7,550 | Blogger: Lifter's blog
That's next tory leader, not exit date. Rate reply: | report block user You're right, so I guess there wasn't a market. |
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The 2016 Conservative Party leadership election occurred as a result of Prime Minister David Cameron's resignation as party leader. He had resigned following the national referendum to leave the European Union. - Wiki
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7th June is the exit date
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UB are you congenitally unable to research anything?
https://www.pressandjournal.co.uk/fp/news/politics/westminster/956364/david-cameron-resigns-speech-full/ I will do everything I can as Prime Minister to steady the ship over the coming weeks and months but I do not think it would be right for me to try to be the captain that steers our country to its next destination. This is not a decision I’ve taken lightly but I do believe it’s in the national interest to have a period of stability and then the new leadership required. There is no need for a precise timetable today but in my view we should aim to have a new prime minister in place by the start of the Conservative Party conference in October. |
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On the other hand, if there wasn't a Cameron exit mkt, it wouldn't be a precedent. Can't recall.
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Cameron didn't resign on that very day, he said that he will do in the future
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Just like how Theresa didn't resign on Friday, but she will do on 7th
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UB are you congenitally unable to research anything?
Yes. That's why I simply googled When did Cameron resign the leadership of the Conservative Party? https://www.google.com/search?ei=FdHrXPi9IrPCxgO0-qWgCQ&q=when+did+cameron+resign+leadership+of+the+conservative+party&oq=when+did+c |
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this market is not when will teresa may resign
that would make it simple had it been. |
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@UB Well almost everything you say in this thread is either irrelevant or incorrect.
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resigning and leaving are two different things
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they may happen at same time, but not always
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What's true is there's ambiguity and in that case: '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.' Betfair have said they'll settle when she's replaced but they're reserving the right to settle on further information. So the Apr-Jun backers must wait until their's something official showing May is not leader of the Tories.
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Effectively, she resigned on Friday, giving 7th June as her exit date.
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Awkward
The 2016 Conservative Party leadership election occurred as a result of Prime Minister David Cameron's resignation as party leader. He had resigned following the national referendum to leave the European Union. |
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i also see there is a market to make last two in tory leadership contest
but some talk is of having 1922 committee change it to 4 in the run off to stop the, stop the , conspiracies one to watch |
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People actually think that May will be leader of the Conservatives, the day after stepping down as leader of the Conservatives?! Thanks, I guess.
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