Now don’t cock it up….

Well done to the Tories. At the time of writing Boris and his boisterous blue crew have secured a solid majority in the UK Parliament. According to the FT’s tracker they hit the magic 322 seat marker around 5:10am UK time. I went to change into PJ’s and my new dressing gown before heading back for a large whiskey. One minute it was 320, then I blinked and 322 popped up on screen. Not sure what swung it for him but I’m quietly glad it has. I’m sitting here in my PJ’s drinking Black Grouse and nodding to myself in grim satisfaction,

Even if Big Nige and company didn’t get much of a look in, the Brexit party deserve an honourable mention in despatches for getting out there and fighting the good fight. A quiet Knighthood for Big Nige when all the fuss has died down wouldn’t come amiss. He deserves a pat on the back. As do all the Brexit MEP’s about to become redundant. Anne Widdecombe especially. Her speeches have been pure comedy gold. What a trooper.

Anyway…..

5:41am UK time. 352 seats to the Conservatives.

5:47am and all of a sudden it’s 355. Hot damn! I didn’t think they’d make more that 345. Glad to be wrong though.

5:58am and it’s 357 no, I blinked, it’s 358. This has the same feel watching Thatcher’s election victory after the Falklands war. Will it go over 360 seats, I ask myself, sitting in my office a third of the way across the world.


Man, I’m glad I held on to my sterling reserves, I’ve just looked at what the pound is trading at. And it’s due to go higher. An avaricious little smile is threatening to split my face in two, rather like my brokers did yesterday when we discussed our future financial plans.

So what does this considerable 35+ seat majority mean? Well the notorious Benn act can be booted to the kerb for a starter and it’s sponsor Oliver Letwin thrown in the Tower to rot. Britain can exit the EU in January and let the Eurocrats come scrambling after Britain’s crumbs. As I’ve previously mentioned in an earlier post the European Central Bank still thinks that Quantitative easing and putting the printing presses in high gear will solve their economic woes. The data does not support this conclusion. As I said to my broker, “People lie, numbers don’t.”

As for Britain leaving, well, that will not make the SNP happy, but so little does. The Scots will push for a new vote on Scottish independence and if Boris is wise he’ll let them have it. Right in the ballot box. Because as we’ve seen before, when push comes to Barnett Formula, the Scottish electorate will blink. They know why. Who pays for all their social benefits and services? England, that’s who. On it’s own the Scottish economy is like Rab C Nesbitt on a Saturday night. Tottering and barely coherent. The SNP might believe in socialist economics, but their economy doesn’t.

To their credit the SNP booted the Limp Dem leader out of her sinecure seat. Don’t know about who will replace Corbyn. If it’s McDowell, so much the better, he’s a raving Marxist of the worst sort which will turn people away from the ideological dead end that Labour has become. That said, I’m a Marxist too, but at least I’m a Groucho Marxist.

Pass the whiskey and cigars. I’m taking Friday off.

Jesus H Christ on a Bike! The Tory seat count just hit 361!……. I’m off to bed.

Update: Well, well.  Three hundred and sixty five.  That should do it, although I’d be happier if someone was in Parliament that we could be sure would hold the Tories feet to the fire.

Oh well, we’ll see what happens in January.

4 thoughts on “Now don’t cock it up….”

  1. Some more good news Bill, due to the actions of one Donald Trump, as of midnight on 10th December, the WTO no longer functions. Trump apparently refused to appoint judges. I’m not fully sure what this means for us in the UK regarding Brexit, but I imagine that it opens the door to a massive trade deal with the USA. Also, correct me if I am wrong because I know very little about this, but doesn’t it remove he EU’s protectionism on trade tariffs?

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    1. Thanks for that snippet Ripper. Hmm. How did that one slip under my financial radar? Not sure about what’s happening with the WTO, but for the moment I’m adopting a ‘wait and see’ policy.

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