Jeremy Corbyn is both an asset and a liability for George Osborne

by Greig Baker

I have put my neck out before and predicted that Tory MPs won’t put George Osborne into the final two candidates for Conservatives to pick their leader. Jeremy Corbyn has no small part to play in this, as polls showing a Labour lead – even if rare and questionable – are enough to put the wind up Conservative MPs and make them look round for someone with more voter pull than the Chancellor.

Paradoxically, at the same time Corbyn is hurting Osborne’s medium term prospects, he is also giving him a short term boost. The suggestion that Corbyn, McDonnell, & Co could get near the levers of power is scary enough that most people would try to reduce risk wherever they can – to the advantage of the Remain side in the EU campaign.

In other words, while Labour’s polling spike last week could help bring down George Osborne in the end, it gives him a better chance of being on the winning side in June.

Greig Baker is Chief Executive of The GUIDE Consultancy


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One Response to “Jeremy Corbyn is both an asset and a liability for George Osborne”

  1. TC says:

    Nice introduction. When can we except the article to go with it?

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