After Corbyn, Trump, Brexit, Macron and Theresa May’s lost majority, get set for the next improbable political gamble at massive odds. ‘Any Other Party’ besides the Conservatives, Labour or Lib Dems to win the next UK General Election is currently available to back around [120.0]. Win or lose, expect it to shorten.
While the market assumes the dramatic reversion to two-party politics at the election will continue, with both Conservatives and Labour trading around even money, it does not account for the creation of a new, mainstream party. Regardless of it’s eventual viability, we are about to see one that at least grabs a large slice of the news agenda.
New anti-Brexit party set to launch in September
We’ve heard much talk of a new party since Jeremy Corbyn became Labour leader, as a new home for party rebels vehemently opposed to his agenda. Implausibly, Tony Blair was even mooted as a potential leader. The driving force now, however, is an ex-Tory.
James Chapman, a former Daily Mail political editor, was previously Chief of Staff to Brexit Secretary David Davis. Having resigned earlier this summer, Chapman now says the party has been taken over by extremists pushing a ‘catastrophic’ Hard Brexit that would ensure perpetual defeat.