Sinn Fein tops Irish exit poll, but coalition parties look set for re-election

Sinn Fein tops Irish exit poll, but coalition parties look set for re-election


File photo of Fine Gael leader Simon Harris speaking at a convention in Athlone, central Ireland on March 24, 2024, after becoming de facto prime minister-in-waiting. Harris took over following the shock resignation of predecessor Leo Varadkar.

Paul Faith | Afp | Getty Images

Ireland’s main opposition party Sinn Fein looked on course to narrowly win the most votes at a general election on Friday, but its two main center-right rivals will likely have enough seats to govern again without it, an exit poll showed.

The exit poll put the left wing Sinn Fein on 21.1%, the center-right Fine Gael of Prime Minister Simon Harris on 21.0% and like-minded coalition partner Fianna Fail on 19.5%.

Fine Gael and Fianna Fail pledged ahead of the election to seek to form a coalition without Sinn Fein, just as they did after the 2020 general election when Sinn Fein also narrowly won the popular vote.

Opinion polls had suggested the three main parties were neck-and-neck ahead of the vote and that Ireland was headed for a broadly similar result to the last election in 2020.

Harris called the election on the heels of a 10.5 billion euro ($11 billion) giveaway budget that began to put money into voters’ pockets during the campaign, largesse made possible by billions of euros of foreign multinational corporate tax revenues.

However a campaign full of missteps for his Fine Gael party, culminating last weekend in a viral clip of Harris walking away from an exasperated care worker, cost them their pre-election lead.

The Government parties also faced widespread frustration during the campaign at their inability to turn the healthiest public finances in Europe into better public services.

They benefited from a slide in support for Sinn Fein, from 30-35% in polls in 2022 and 2023, in part due to anger among its working class base at relatively liberal immigration policies.

Fine Gael and Fianna Fail will likely need the support of at least one other smaller party to reach a majority. They currently govern with the Greens.



Source

Novo Nordisk and Eli Lilly tumble after Hims & Hers announce  copy of Wegovy pill
World

Novo Nordisk and Eli Lilly tumble after Hims & Hers announce $49 copy of Wegovy pill

Weight-loss drugmakers Eli Lilly and Novo Nordisk tumbled after telehealth company Hims & Hers announced Thursday it will offer a copy of the newly launched Wegovy pill for $49, far less than the $149 Novo sells the branded pill for. Copenhagen-listed shares of Novo dropped as much as 9% on the news, while Eli Lilly […]

Read More
Google parent Alphabet shares are down premarket after its earnings beat. Here’s what’s happening
World

Google parent Alphabet shares are down premarket after its earnings beat. Here’s what’s happening

Alphabet’s shares were down in premarket trading on Thursday after the company beat Wall Street’s expectations on earnings and revenue, with AI spending projected to increase hugely this year. The Google parent shed 4.9% in premarket as of 7:50 a.m. ET, after closing nearly 2% lower on Wednesday. After the bell, Alphabet reported fourth-quarter revenue […]

Read More
Bank of England holds rates for now — so when’s the next cut coming?
World

Bank of England holds rates for now — so when’s the next cut coming?

People walk along Bank Junction next to the Bank of England in the City of London, the capital’s financial district. Vuk Valcic | SOPA Images | Lightrocket | Getty Images The Bank of England kept interest rates on hold at 3.75% at its first meeting of 2026 on Thursday. The central bank’s nine-member Monetary Policy […]

Read More