The UK's governing Conservative Party faced a significant setback as they lost a previously safe parliamentary seat in the Tamworth by-election. This defeat is seen as a blow to Prime Minister Rishi Sunak and a sign that voters are seeking change in the next national election. Labour's two by-election victories have put them in a strong position, potentially leading the Tories to call an election as late as January 2025 to avoid one of the worst defeats in their history. The Conservative Party's loss of hope may result in political recklessness and indiscipline. Furthermore, waiting longer before calling an election could lead to further deterioration in the public realm. Moody's removal of its negative credit outlook on the UK provides a much-needed boost for Prime Minister Sunak amidst these political challenges. Meanwhile, S&P's upgrade of Greece to investment grade for the first time since the 2010 crisis is another notable development.
The predictions of permanent Conservative hegemony have been so absolute and enduring, it’s as if no one can quite believe that the party is finally heading for defeat, writes @lewis_goodall ⬇️ https://t.co/LfoVR4zNkZ
S&P upgrades Greece to investment grade for first time since 2010 crisis https://t.co/wB2Vj0FeOH https://t.co/vUKBznrP8X
⚠️ S&P UPGRADES GREECE TO INVESTMENT GRADE FOR FIRST TIME SINCE 2010 CRISIS Full Story → https://t.co/oFlWmjNQQX https://t.co/JwyX5AUREa
Moody’s removed its negative credit outlook on the UK, while S&P maintained a stable outlook, in a much-needed boost for Prime Minister Rishi Sunak https://t.co/ynQTULViaO
The by-election results are a bonfire of Tory delusions, writes @lewis_goodall ⬇️ https://t.co/cU241d2Uzf
🔴 MOODY'S CHANGES OUTLOOK ON THE UK TO STABLE FROM NEGATIVE, AFFIRMS.
🔴 UK S&P RATING REPORT https://t.co/0Wo5v0HtPB
The downside for the Conservatives of waiting longer before calling an election is that more of the public realm is going to crumble under their watch, writes @willydunn. Read more ⬇️ https://t.co/qJTuyygYzb
Rather than closing the polling gap with Labour, a Conservative Party that loses all hope may make matters even worse, writes @DavidGauke. Read more ⬇️ https://t.co/ZJ2IfeVADA
The Tories should prepare for worse. A Conservative Party that loses all hope will be even more prone to political recklessness and indiscipline, writes @DavidGauke ⬇️ https://t.co/wWiouEK7VP
Britain's Labour Party dealt a crushing blow to Prime Minister Rishi Sunak's Conservatives, winning two previously safe parliamentary seats in victories leader Keir Starmer said showed voters wanted change at the next national election https://t.co/P77cQjYadr
The huge wins for Labour in the by-elections overnight confirms what I have said before. The Tories are headed for a deserved electoral disaster.
Labour’s two by-election victories put the party in landslide territory. The Tories may now call an election as late as January 2025 as they bid to avoid one of the worst defeats in their history. @REWearmouth explains ⬇️ https://t.co/O50Sk6cVRf
Britain’s governing Conservative Party lost one of its safest parliamentary seats in a significant new setback for Prime Minister Rishi Sunak. https://t.co/UE90eoEnAx
UK PM Sunak's Conservatives lose Tamworth by-election https://t.co/VTpv2Mure5 https://t.co/QnfDhU67Nl