The aim of this market is to forecast if, and how, the polling gap between the Labour and Conservative parties shifts as we approach the 2024 UK General Election. Using data from Politico UK’s Poll of Polls, we’re starting with a gap of 20% - Labour at 44%, Conservatives at 24% as of 6th March.
How It Works:
• Baseline: The initial gap is 20%.
• Resolution Date: The market resolves six weeks after the spring budget statement.
• Data Source: Politico UK Poll of Polls - National parliament voting intention (smooth lines)
• Calculation: We’ll compare the gap one week before the election to our baseline. The change in percentage points (ΔGap%) will determine the resolution.
Examples:
• If Labour polls at 50% and Conservatives at 20%, the gap is 30%. That’s a 10% increase, resolving as “Significant Widening”.
• If Labour polls at 35% and Conservatives at 30%, the gap is 5%. That’s a 15% decrease, resolving as “Significant Narrowing”.
Errata:
This market depends on the Politico Poll of Polls, if that ceases to exist for whatever reason then this market will resolve N/A.
This market resolves based on the most recent polling data six weeks after the spring budget statement. The polling data may be from further back but this will be the data that is taken for resolution.