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Labour wins majority in UK General Elections as Tories lose two-thirds of seats
(www.theguardian.com)
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You could be right, but I am not so sure.
In terms of percentage, the lib dems made a smaller gain than labour. I'd also suggest that while maybe some of those votes came from wavering labour voters, I expect that at least a similar number would have also come from the tories. I don't think the lib dems split the vote any more than they normally do.
Reform, while not new, last time round they did not compete against the tories. This time, they did and the result is clear.
I'm not talking about gains, LibDems already split the vote, Reform is just now doing the same to the Tories.
LibDems are not the same as the Tories. However I would concede that if the LibDems folded, the membership could easily move to Green.