Political Betting is a weekly column by Mark Littlewood aimed at people who like gambling on politics.
Over the past decade our political system has chewed through and spat out Prime Ministers at a faster rate than Premier League football teams burn through managers. As Andy Burnham enters 10 Downing Street, why would we think there is any reason he will do much better – in terms of longevity – than his immediate predecessors? I’m keeping my eyes peeled for a bookmaker offering odds on Burnham being removed from office before the next election rather than at it.
As the Labour Party slowly coalesced around a consensus that Starmer simply had to go there was an oft repeated refrain of, ‘We have to get this right first time if we are going to do it, we only have one chance.’
The theory here seems to be that ditching a leader – however unpopular – and finding a fresh one is not the sort of thing that the electorate approve of. They have passed their judgement at the ballot box and are usually unimpressed when the powers-that-be decide to second guess that decision.
More generally, ditching an incumbent leader against their will gives the impression of chaos and instability. It gives such an impression precisely because chaos and instability are typically what have brought about the decision to make a change.
The circumstances around removing a Prime Minister are always different but can be broadly batched into three categories – they are based on aesthetics, ideology or health. The last two are easier to explain to the public than the first. Margaret Thatcher was removed for ideological reasons – she was unwilling to retreat on the hugely unpopular poll tax and was also pursuing a European policy that a large chunk of her party disapproved of. On the basis of needing to wholly reset our approach to the EU, David Cameron jumped and Theresa May was pushed.
These sorts of switches of leader seem to have a fair chance of working. Indeed, each of Thatcher’s, Cameron’s and May’s successors went on to retain office at a General Election.
But changing Prime Minister just on the basis that the outgoing leader wasn’t very good and without a clear and explicit shift in an area of policy seems fraught with electoral danger. Callaghan and Brown went on to lose elections having entered office mid-term. Both had different approaches to their predecessor but there wasn’t a single, specific and explicable change in policy.
Similarly, the switch from Johnson to Truss and then swiftly onto Sunak didn’t appear to improve the standing of the Conservatives amongst the electorate. In fact, it probably worsened it.
Burnham finds himself in the same vague, messy scenario. He didn’t launch a coup against Starmer because he fundamentally disagrees with him on, say, the war in Iran or Net Zero or membership of the ECHR. Instead, it’s simply based on Labour’s abysmal poll ratings, Starmer’s catastrophic approval ratings and the hope that a fresh approach to ‘comms’ can somehow revive the party’s fortunes.
It’s early days (indeed, we are not yet even in the early days of a new administration as I write these words), but the evidence of recent polls suggests little or no Burnham bounce for Labour. The governing party remains stubbornly stuck on only around 20% in the polls. If there was a wave of national enthusiasm – or even a noticeable trickle – about Burnham entering Downing Street, one would have expected some sort of uplift in the polls in anticipation of it happening. So far, nothing.
Burnham’s supporters will insist – or at least hope – that once we see their man in action as our actual PM the electorate will warm to him. He is certainly a more charismatic politician and a better communicator than Starmer, but I’m sceptical that this will meaningfully move the dial of public opinion.
If our new Prime Minister has a markedly different economic strategy to that of the last two years, I’ve yet to hear it (or at least I’m yet to understand what the various vague analyses and prescriptions put forward actually amount to).
All of this suggests to me that we are likely to continue on the pathway of taxes being dialled up, growth being low, debt increasing and public spending ballooning (particularly welfare spending). I suspect if there is any Burnham honeymoon at all, it will be very brief.
If this is so, what happens if in a year or so the Labour Parliamentary party is still staring down the barrel of electoral oblivion? Having decided to twist rather than stick when it came to Starmer, might the same apply to Burnham? In such a scenario, it will likely be too late to change policy direction in any dramatic fashion – the party will be locked in as a government that seeks to tax and spend to the maximum. However, desperate folk in politics are prone to throw the dice. Having set the precedent of throwing the captain overboard because the polling numbers look bleak it can easily become habit-forming. Historically, the Conservatives have had a much greater propensity for regicide than Labour, but there’s no persuasive reason why the latter couldn’t adopt the same psychopathy.
This is why I’m looking forward to a book opening on Andy Burnham’s departure date, even if it seems a bit mean-spirited to do so right at the start of his reign. If I can find 3/1 or longer that he will be out by the end of 2028, I will certainly be snapping up those odds.
Mark Littlewood is a former director of the Institute of Economic Affairs and the Director of PopCon.



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One thing is certain – Burnham will last too long.
He will be out with the first power outage and/or petrol/diesel shortage…. possibly later this year.
But it’s all the Tory’s fault he will shout!
A grid failure is more likely during the summer months when demand is lower and unreliables making up more of the generation. Solar is the weak point given that it is not on the transmission grid so not monitored and Spain demonstrated how that works.
Assuming the IMF have not stepped in before then, the May elections are likely to bring a bloody nose for Prince Andrew.
I suspect he will continue until the general election. If he doesn’t, he will be replaced around 6 to 9 months before a GE by a hard-left candidate.
Harder left, really.
I saw Andy on the news last night and he made me feel much more reassured. He says he’s got a plan. He won’t tell anybody what that plan is, but he has got one, so I will sleep easy tonight.
Ah. But did you sleep easy last night, immediately after he told us that he has a plan? Or did you toss and turn half the night, finally rising from your broken slumber to realise that as he has a plan tonight is certain to be so much more restful?
“I’ve got a little list — I’ve got a little list
Of society offenders who might well be underground
And who never would be missed — who never would be missed!”
G&S
And revived by Peter Lilley back in the old days.
And he’s going to promote “change” and “hope”.
Well when Prince Andrew has changed my property tax – for no benefit to me – I hope I will be able to afford to pay the doubled amount along with all the other increased costs he has brought.
The Wehrmacht had a plan to capture Stalingrad – what could possibly have gone wrong.
A cunning one perhaps!
I’m not sure – as someone on Lockdown Sceptics pointed out, he might eat into the Reform vote in the “Red Wall” areas if he keeps talking about “up North” and nationalises a few things.
I wonder what he is going to nationalise? There’s not much left.
And where will he get the £billions to buy out the businesses? Well he’ll have to borrow from the Bond market which he has insisted is irrelevant. Will they lend and at what rate?
Then where will the money come from to capitalise those businesses, ensure positive cash-flow and prop them up as they turn inevitably from profit to loss?
Those Red Wallers will pay through higher taxes and getting less of what they think they are paying those taxes for, higher inflation and less purchase power of their wages.. or benefits.
I’m not optimistic. Some token nationalisations, maybe cut some prices temporarily, increase taxes to pay for it. It doesn’t have to work because not enough people are paying attention. But yes, maybe the need to borrow will be his undoing.
ensure positive cash-flow and prop them up as they turn inevitably from
profitloss to huge loss?Clearly Burnham ought not to last very long. He appears to believe that all he needs to do is say mollifying things to anybody who can cause him immediate difficulties. His problem will be if (more likely when in my view) Labour’s poll ratings drop even further his back-benchers, having developed a taste for regicide, turn on him in the hope of saving their own skins. Probably a great deal will depend on whether the bond crisis that many expect to emerge has actually done so. If it has it could be curtains for the parliamentary Labour Party, with it splitting into openly warring factions that make government of any kind impossible.
To pursue my hypothesis a little further: In the event of the PLP being unable to form a government, what chance of the ‘realistic’ wing building an alliance with the Conservatives and Lib Dems in order ‘to steer the country safely away from the rocks’? The most hazardous of those rocks being, in their joint views, an immediate General Election. They could then delay an election beyond 2029 with the support of the House of Lords, there only being a few members of that august body (Toby and Claire Fox spring to mind, there’s doubtless a handful of others) who can be trusted to defend democracy. Neither would I have any faith in the crown. There is a precedent of sorts: 1931. Were all that to come to pass my money, sadly, would be on David Betz.
And yet – latest poll shows Labour on 24% with Reform UK.
Caveat: just one poll, but if it is true what the hell is the electorate thinking?
How will he do as a war leader? Will he spend the same amount of time glad-handing Zelensky as Starmer did?
He can hug, kiss, dance with Zelensky if he wants but do not give him any more of our money to prolong the war he has lost.
Indeed, each of Thatcher’s, Cameron’s and May’s successors went on to retain office at a General Election.
And continued to take the country downhill as they were less shit than the opposition parties.
He is certainly a more charismatic politician and a better communicator than Starmer,
The lying oaf Johnson was charismatic but a complete idiot and a sad reflection on the country that he was ever PM.
Starmer was charmless. His voice grated.
Burnham will smile and be charming whilst probably exacting one devastating policy after another. Just like Blair.
So dont count on him going anywhere.
I hope im wrong.
Another Labour pm similar to the last is silly. Just like the reorganisation of councils, a joke to save money, that will end in one big mess. But that is britain in a nutshell. No prosperity, job market full of low paying employment, people living check to jowl, policing negligible, community centres, libraries, sports facilities, playground for kiddies, filthy town centres, highway verges same, life in general, poor quality. Why……because the British people don’t believe they deserve better, when they do.