The Labour Party manifesto is likely to be published in early to mid-June.

Will it include any serious electoral reform? Any of the following would count as major and the market would resolve to YES if the manifesto promises these changes or a referendum on these changes:

• A change to the voting system within single member constituencies for Parliament (eg. AV, SV, any other form of transferable vote system)

• A change to the voting system for Parliament which includes multi member constituencies, top ups or party lists (eg. Any form of PR)

• Direct elections to the House of Lords (ie. voters vote for candidates or parties)

• A change to allow "direct democracy" where citizens can force a binding referendum against the wishes of the government

Changing the voting age won't count for this market as it's covered here - /SimonGrayson/uk-general-election-2024-will-the-l

The following are the sort of things which wouldn't meet the threshold of "major" reform:

• A relatively minor change to the franchise such as allowing EU citizens the same voting rights as Commonwealth citizens

• Removing the requirements for voter ID

• Changes to the way we elect local government positions (eg. reversing the changes which made the Mayoral elections FPTP rather than AV, changing the way councillors are elected)

If the definition of major reform isn't clear, please ask about any other examples!

When it comes to electoral issues like this, it's significant for them to appear in the manifesto since the Salisbury Convention means that the Lords shouldn't block any policy that was in the governing party's manifesto. So if Labour include the policy in their manifesto and win the election, they should be able to pass this as law unless they choose to do a u-turn.