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Political Fix

Election special: snap analysis

Political Fix

Financial Times

Politics, News, News & Politics

4.21.2K Ratings

🗓️ 8 May 2026

⏱️ 36 minutes

🧾️ Download transcript

Summary

It’s been a dreadful night for Labour as council seats across the country have turned from red to turquoise. The Conservatives have not fared much better with Reform UK the big winner so far. With results still coming in, host Lucy Fisher discusses the fracturing of the vote and the future for beleaguered Prime Minister Sir Keir Starmer with the FT’s deputy political editor Jim Pickard, Northern England correspondent Jen Williams and political columnist Stephen Bush.


Have a question for the panel? We’re planning a question and answer episode on Monday May 11. Email your questions to politicalfix@ft.com


Follow Lucy on X: @LOS_Fisher, and Bluesky: @lucyfisher.ft.com; Jim @PickardJE and @pickardje.bsky.social; Stephen @stephenkb & @stephenkb.bsky.social and Jen: @JenWilliamsMEN and @jenwilliamsft.bsky.social


Want more? 

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Scale of defeat should shake ‘big two’ parties into serious action

Keir Starmer defies calls to quit after heavy Labour council losses

UK local and devolved elections: Hour-by-hour guide to key results

In Labour’s bleak moment, Andy Burnham relishes his own



Sign up here for Stephen Bush's morning newsletter Inside Politics for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek. Get 30 days free.


Presented by Lucy Fisher. Produced by Clare Williamson. Manuela Saragosa is the executive producer. Original music and mix by Breen Turner. The broadcast engineers were Andrew Giorgiades and Petros Gioumpasis. Cheryl Brumley is the FT’s global head of Audio.


Read a transcript of this episode on FT.com


Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello, it's lunchtime on Friday.

0:04.3

Results are still coming in, but Labour have taken a hammering, reformer on the march,

0:08.9

the Greens are up, and the Tories have suffered heavy council losses, but clinched several wins in London.

0:15.6

I'm Lucy Fisher and this is Political Fix from the Financial Times.

0:19.7

Let's get straight to it with our panel. Jim Picard, who's been up since 4 a.m. Hi, Jim. Lucy, how dare you? It was 3 a.m. How dare I minimise your sacrifice of sleep? Stephen Bush, who eclipses you, Jim. He's been up all night, haven't you, Stephen? I have, yep, so I might start to sundown during the pod. Halfway through. And down the line from Manchester, it's Jen Williams. Hi, Jen. Did you get much sleep? I worked through for midnight, and then I did try and get to sleep. Then the doorbell rang after about an hour. So, yeah, I don't know what that was, but it didn't make me very happy and I'm not very awake. Okay, well, you're all slightly showing me up. I feel a bit embarrassed because I had

0:57.5

40 winks and I woke up at 7am to check in on all the results, dash to the office and get on it.

1:03.3

So I wish I could pretend I'm as frazzled and over-caffeinated as I presume you guys are.

1:09.1

As I mentioned, vote counts are happening as we speak,

1:11.9

but there are some clear themes emerging, Jim. Give us a snapshot of where we stand.

1:16.9

So the theme is pretty much what we've been anticipating for months, but seeing it crystallised

1:21.8

in front of our eyes is obviously fascinating. As of lunchtime on Friday, reform is over 400 seats up, Conservatives

1:29.8

around 200 down, labour down somewhere over 250, and the Greens have got modest gains,

1:37.1

but then the Greens are still waiting for the inner city London seats to come through,

1:41.0

and the Lib Dems have had a sort of okayish performance.

1:44.8

But what this basically is, it is the reality on the ground and local government catching

1:50.2

up with opinion polls, which have been telling us for over a year that reform is relatively

1:54.8

much more popular than the other political parties.

1:57.7

And therefore, it's come from almost nowhere.

1:59.8

Remember, Nigel Farage only set the party up

2:02.0

five years ago. It's coming from nowhere. It's going to end the week, I suspect, a couple of

2:07.1

thousand seats up. Now, the only glimmer of hopes for the Labour Party, and of course,

2:12.8

attention is already turning to what is the mood in the parliamentary Labour Party. Are they going to try and depose Sarkir Stama?

...

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