Most Popular
1. Banking Crisis is Stocks Bull Market Buying Opportunity - Nadeem_Walayat
2.The Crypto Signal for the Precious Metals Market - P_Radomski_CFA
3. One Possible Outcome to a New World Order - Raymond_Matison
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
5. Apple AAPL Stock Trend and Earnings Analysis - Nadeem_Walayat
6.AI, Stocks, and Gold Stocks – Connected After All - P_Radomski_CFA
7.Stock Market CHEAT SHEET - - Nadeem_Walayat
8.US Debt Ceiling Crisis Smoke and Mirrors Circus - Nadeem_Walayat
9.Silver Price May Explode - Avi_Gilburt
10.More US Banks Could Collapse -- A Lot More- EWI
Last 7 days
Stock Market Santa Rally to S&P 4600+ - 28th Nov 23
Stocks and Silver Have Something to Say about Gold - 28th Nov 23
Can A Stock Market Crash Be Averted... For Now? - 28th Nov 23
Taiwan 2024 Election: Militarization or Development - 28th Nov 23
The Stock Market Trend and the Policy Behind it - 28th Nov 23
Cameco Uranium Stock Hits All-Time High - 28th Nov 23
TSLA, LRCX, TSMC Stock Earnings and Trend Analysis - 26th Nov 23
A Golden Setup: Gold Price Trend Forecast Report - 26th Nov 23
Gold Stocks Winter Seasonal Rally - 26th Nov 23
Elections in South America and Europe Reveal Backlash against Socialism - 26th Nov 23
LMT, JNJ and ASML Stock Earnings and Trend Analysis - 23rd Nov 23
When AI Hallucinates - Top AI Tech Stocks - 23rd Nov 23
Stock Market Ignoring Hawkish Fed - 23rd Nov 23
Stock Market Trend Trajectory into Year End 2023 - 22nd Nov 23
Copper/Gold Ratio: Still Counter-Cyclical - 22nd Nov 23
Learn to Use the FORCE! - How to Really Get Rich - 21st Nov 23
Quad Witching Cracks Stock Market Nuts - 18th Nov 23
Biden Bizarrely Brags About Lower Budget Deficits as US Federal Debt Skyrockets - 18th Nov 23
Silver Price Between a Rock and a Hard Place - 18th Nov 23
The Most Important Chat GPT Tech Reveal of 2023 - 18th Nov 23
AI Tech Stocks Portfolio - 9th Nov 23
Micron MU Stock Trend Analysis - 9th Nov 23
TSMC Stock Trend Analysis - 9th Nov 23
NVIDIA Stock Trend Analysis - 9th Nov 23
The “new ChatGPT” just launched - 9th Nov 23

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Labour Leadership Election Cliffhanger Results Shocker, Ed Miliband Wins on the Fourth Round!

ElectionOracle / UK Politics Sep 25, 2010 - 03:47 PM GMT

By: Nadeem_Walayat

ElectionOracle

Best Financial Markets Analysis ArticleDavid Miliband the favourite and leading candidate for the whole of the Labour leadership election campaign saw his victory go up in smoke as the big unions (Unite and GMB) piled in with David's left leaning brother Ed, after the union voters had been bolstered and pumped via anti-cuts propaganda earlier in the month at the TUC congress.


The results could not have been more dramatic as despite David Miliband winning on the first ballot, he failed to reach the 50% minimum to achieve an outright victory which led to a series of cliffhanger rounds with the each of the candidates with the least votes second voter preferences being allocated to the remaining candidates until one reached more than 50% of the total votes, and thus the nation watched on as Ed Miliband round after round whittled David's lead away into the final round to just pip him to the post by 50.65% against 49.35% for David Miliband.

Round 1

ABBOTT, Diane
7.42%
BALLS, Ed
11.79%
BURNHAM, Andy
8.68%
MILIBAND, David
37.78%
MILIBAND, Ed
34.33%

 

Round 2

ABBOTT, Diane
0%
BALLS, Ed
13.23%
BURNHAM, Andy
10.41%
MILIBAND, David
38.89%
MILIBAND, Ed
37.47%

 

Round 3

ABBOTT, Diane
0%
BALLS, Ed
16.02%
BURNHAM, Andy
0%
MILIBAND, David
42.72%
MILIBAND, Ed
41.26%

 

Round 4

ABBOTT, Diane
0%
BALLS, Ed
0%
BURNHAM, Andy
0%
MILIBAND, David
49.35%
MILIBAND, Ed
50.65%

 

The above tables illustrate how David Miliband lead all the way into the final round. The Unions directly responsible for Ed Miliband's victory are Unite and GMB.

Watch the dramatic results as they unfolded:

Comments and Source: http://www.marketoracle.co.uk/Article22998.html

By Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-10 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 20 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis specialises on UK inflation, economy, interest rates and the housing market and he is the author of the NEW Inflation Mega-Trend ebook that can be downloaded for Free. Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication. We present in-depth analysis from over 500 experienced analysts on a range of views of the probable direction of the financial markets. Thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in