Connect with us

Hi, what are you looking for?

Business

Chancellor Jeremy Hunt Warns of Need for Effective Opposition if Labour Wins

Chancellor Jeremy Hunt has emphasised the importance of having an “effective opposition” in Parliament should Labour win the forthcoming general election.

This remark comes as senior Conservatives increasingly acknowledge the potential for their party to face defeat.

Mr Hunt’s comments follow those of Work and Pensions Secretary Mel Stride, who noted that opinion polls indicate Labour could achieve “the largest majority virtually in the history of this country.” Last week, Grant Shapps also cautioned against giving Labour a “supermajority” that could lead to unchecked power.

With the Conservative Party losing support to Reform UK, senior figures have repeatedly warned that voting for Nigel Farage’s party could split the centre-right vote, ultimately benefiting Labour. Prime Minister Rishi Sunak, however, maintains that he is still fighting to win the election.

Despite this, many Conservative candidates privately concede that a victory is unlikely and are instead focusing on minimising Labour’s potential majority. This strategic shift has only been publicly acknowledged by senior Tories in the past week.

In an interview with BBC economics editor Faisal Islam, Mr Hunt (pictured at a local hustings meeting) was asked if discussing a Labour “supermajority” implied that the Tory campaign had faltered. He responded, “I think it’s very important if Labour win, that they have an effective opposition in Parliament.”

Mr Hunt, who is contesting the newly formed seat of Godalming and Ash in Surrey, admitted to facing a “knife-edge” battle against the Liberal Democrats. In the 2019 election, he held a majority of 8,817 in his previous seat of South West Surrey.

Addressing voters, Mr Hunt said, “If you vote for Reform, Reform aren’t going to win but the Lib Dems will win. You will have fewer centre-right MPs and fewer MPs who want to control migration, fewer MPs who want to reduce tax, and that isn’t what those voters want.”

The candidates for the Godalming and Ash constituency are:

Reform UK: Graham Drage
Liberal Democrat: Paul Follows
Conservative: Jeremy Hunt
Green: Ruby Tucker
Labour: James Walsh
Women’s Equality Party: Harriet Williams

Read more:
Chancellor Jeremy Hunt Warns of Need for Effective Opposition if Labour Wins

Advertisement

    You May Also Like

    Investing

    RevisingTheBankSecrecyAct_NorbertMichelAndJenniferSchulp_CMFAWP007   The post Revising the Bank Secrecy Act to Protect Privacy and Deter Criminals (CMFA Working Paper No.007) appeared first on Alt-M.

    Investing

    Recently, an investment advisor and Bitcoin proponent tweeted the claim that “[f]or most of human history” the “[s]eparation of money and state was the...

    Business

    Rollee enables worker’s to share their professional data, spread over one or more financial platforms. Ali Hamriti, CEO and Co-Founder of Rollee, is on...

    Business

    The energy crisis means that as the price of wholesale commercial energy hits an unprecedented high, businesses must pay notably more for their energy...

    Disclaimer: successfuldealnow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 successfuldealnow.com | All Rights Reserved