Faragists Secure Numbers to Call EGM

ukip leadership 2016

An update on the UKIP situation: allies of Nigel Farage and Steven Woolfe say they have secured the 80 branches required to call an Extraordinary General Meeting. That is enough for a vote to take place on abolishing the NEC. The EGM organisers are now working to get over 100 branches as they are worried the NEC will use technicalities to dismiss the support of some of them. Last week Guido told you to keep an eye on Diane James – today key Farage ally Arron Banks has sent several tweets in support of her bid for leader. The counter-coup is bubbling away…




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Quote of the Day

The FT’s Wolfgang Munchau on the “fake maths” of economic forecasts:

“The truth is that our ability to forecast the future beyond the current quarter is limited… The curse of our time is fake maths. Think of it as fake news for numerically literate intellectuals: it is the abuse of statistics and economic models to peddle one’s own political prejudice… The fakeness of the maths lies in an exaggerated inference. Economic models have their uses, as do opinion polls. They provide information to policymakers and markets. But nobody can see through the fog of the future.”

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