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Election impact on investments

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Comments

  • Brilliant :)
  • nigelbb
    nigelbb Posts: 3,819 Forumite
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    Triumph13 wrote: »
    I've just gone and checked the overall results for Scotland and there is a very simple answer for Boris when the SNP demand another referendum. Their claim is that the results of this election are a mandate for a new referendum. All he has to do is keep pointing out that 55% of Scottish voters voted for parties that support the Union.
    Good argument. 51.5% of all UK votes were cast for parties who were in favour of a further referendum while only 46.4% of votes were cast for parties who supported leaving the EU. Democracy in action.
  • Apodemus
    Apodemus Posts: 3,410 Forumite
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    JoeEngland wrote: »
    It's the EU and Lib Dem mentality: you keep having referendums until you get the "right" result then your passion for democracy through referenda magically disappears.

    The Government could resolve the SNP demands very easily by quickly pushing through a Referendums Bill requiring that ALL referendums on constitutional issues require a 60% majority for any change. It would mean that if genuine demand for change was clearly expressed, then it could be granted. Anything less and we risk making big changes on the whims of a few swing voters.
  • I hope they allow England to vote in the Scottish independence, I will happily wave them away, they cannot afford independence. Sod the Union we will be better off they are just a money pit.

    :beer: My thoughts exactly. We should all get to vote in it.
  • Triumph13
    Triumph13 Posts: 2,048 Forumite
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    nigelbb wrote: »
    Good argument. 51.5% of all UK votes were cast for parties who were in favour of a further referendum while only 46.4% of votes were cast for parties who supported leaving the EU. Democracy in action.
    I personally would have much preferred there to be a second referendum months ago, but it needed to be a genuine one. 'If parliament can't agree on a deal should we leave without one or remain?'
    As regards your point though, in a complex election with many other issues at play I would say that isn't sufficient evidence on its own to be a clear mandate for another referendum. And the SNP's 45% isn't even close.
  • m_c_s
    m_c_s Posts: 334 Forumite
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    I too think Referenda should have a minimum victory % set by law (say 60 or 65%) to ensure a clear intent.
  • bigadaj
    bigadaj Posts: 11,531 Forumite
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    Apodemus wrote: »
    The Government could resolve the SNP demands very easily by quickly pushing through a Referendums Bill requiring that ALL referendums on constitutional issues require a 60% majority for any change. It would mean that if genuine demand for change was clearly expressed, then it could be granted. Anything less and we risk making big changes on the whims of a few swing voters.

    That is what happened with the Welsh and Scottish independence referendums in the seventies. Wales had a less than 1 in 4 vote for independence whereas Scotland had a slight majority but not enough to reach the trigger level.
  • Apodemus
    Apodemus Posts: 3,410 Forumite
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    bigadaj wrote: »
    That is what happened with the Welsh and Scottish independence referendums in the seventies. Wales had a less than 1 in 4 vote for independence whereas Scotland had a slight majority but not enough to reach the trigger level.

    Yes, but these referendums were about devolution, rather than independence. A majority that is less than the hurdle, does risk leaving the “winning” side with a sense of grievance that it can play for political advantage for years.
  • I just wish labour would stop pretending the election result was about brexit. In my opinion the electorate simply rejected their hard left policies. The people of this country just do not want marxism or anything like it.

    Weren't labour watching in the 80's when Michael Foot's hard left manifesto was similarly rejected by voters? Why would it be different this time.

    Mind you, don't listen to me, I was one who voted for the SDP!
  • nigelbb
    nigelbb Posts: 3,819 Forumite
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    m_c_s wrote: »
    I too think Referenda should have a minimum victory % set by law (say 60 or 65%) to ensure a clear intent.
    That's normal practise where a club or company wants to change their constitution or articles of association.
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