Britain's ruling establishment has been delivered another bloody nose, even worse than the mainstream establishment press had been expecting that the REMAIN parties would do far better than the LEAVE parties with Brexit party typically expected to win about 24 seats i.e. similar to that of UKIP total in 2014.

However, this is set against my long standing forecast of 10th May with expectations that the Brexit Party would win at least 30 seats with the most probable number being 32 seats as my following video illustrates:

So here is the final seats won tally per party.

Brexit Party 29
Lib Dems 16
Labour 10
Conservatives 4
Green 7
Change 0
SNP 3
UKIP 0
Plaid Cymru 1

Brexit Party Victory!

The Brexit party stormed the elections by far winning the most seats by ending the night on 29 seats, near twice the total of their nearest rival. And is a harbinger for what to expect in a future general election where the Tories will pay a very heavy price.

Lib-Dems Capitalise on Remain vote

The Lib-Dems as the self prophesied party of REMAIN hoovered up millions of Labour and the Tory remain voters to end the night on 16 seats, near HALF that of the Brexit Party

Labour Blood Bath

The party suffered an humiliating defeat by losing 10 seats to end the night on just 10 seats.

Conservatives Destroyed

Whilst Labour suffered a bloodbath, the Tories were all but destroyed! Losing 15 seats to end the night on just 4! The worst collapse in the Tory parties vote in history since they were founded in 1832!

Green Party Climate Change Boom

The Green party finally broke out of the fringe and into the mainstream as Climate change fears are clearing gathering momentum amongst the electorate as the Greens gained 5 seats to end the night on 7.

UKIP and Tommy Robinson Death Embrace

UKIP paid the price for Leader Battens embrace of far right nut job Tommy Robinson that all but killed the party off losing ALL of its 24 seats to end the night on ZERO! Meanwhile Tommy Robinson failed to capitalise on his milkshakes where all the huffing and puffing resulted in a big fat electoral zero, scraping the bottom of the barrel with just 2% of the vote in the North West of England even losing his deposit which I am sure his gullible disciples have more than covered in donations perhaps ending the election with a decent profit ££££.

ChangeUK

And lastly Chuka Umunna and Anna Soubry's Change UK was still born, despite widespread unwarranted mainstream media exposure failed to register at all on the electoral richter scale. We will likely see Change UK disappear into the political wilderness, never to be heard of again as it's failed politicians attempt to jump on board the likes of the Lib Dems and Greens.

As for what happens next?

And ensure you are subscribed to my FREE Newsletter to get my latest analysis in your email in box (only requirement is an email address).

Nadeem Walayat

http://www.marketoracle.co.uk

Nadeem Walayat has over 30 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 focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 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

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

The Market Oracle is a FREE Financial Markets Forecasting & Analysis web-site.
(c) 2005-2024 MarketOracle.co.uk (Market Oracle Ltd) - Market Oracle Ltd asserts copyright on all articles authored by our editorial team and all comments posted. Any and all information provided within the web-site, is for general information purposes only and Market Oracle Ltd do not warrant the accuracy, timeliness or suitability of any information provided on this site. nor is or shall be deemed to constitute, financial or any other advice or recommendation by us. and are also not meant to be investment advice or solicitation or recommendation to establish market positions. We do not give investment advice and our comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to enter into a market position either stock, option, futures contract, bonds, commodity or any other financial instrument at any time. We recommend that independent professional advice is obtained before you make any investment or trading decisions. By using this site you agree to this sites Terms of Use. From time to time we promote or endorse certain products / services that we believe are worthy of your time and attention. In return for that endorsement and only in the cases where you purchase directly though us may we be compensated by the producers of those products.