Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksYouGov Share News (YOU)

Share Price Information for YouGov (YOU)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 417.00
Bid: 413.00
Ask: 418.00
Change: 2.00 (0.48%)
Spread: 5.00 (1.211%)
Open: 415.00
High: 440.00
Low: 403.00
Prev. Close: 415.00
YOU Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

YouGov Chief Executive Laments "Terrible Night" For Pollsters

Fri, 08th May 2015 11:44

LONDON (Alliance News) - YouGov PLC Chief Executive Stephan Shakespeare Friday tweeted that it had been "a terrible night for us pollsters", as YouGov and its peers came under fire for inaccurately forecasting the outcome of the UK election.

Whilst many pollsters had the Conservatives and Labour neck-and-neck in the run up to the election, the exit poll conducted by the BBC, ITV and Sky showed a very different picture, with the Conservative party predicted to be the biggest party but without an outright majority. In the end, the Conservatives secured an outright majority, meaning they can govern on their own.

Shakespeare apologised for what he called YouGov's poor performance, and said in the tweet that "we need to find out why". YouGov's final poll had the Conservatives and Labour neck-and-neck on 34% of the vote each.

ComRes' final poll suggested that the Conservatives had a 35% lead on Labour's 34%.

ComRes Chairman Andrew Hawkins noted the criticism of polling firms, and agreed that they will "continually review how to fine tune our methods to ensure we can achieve the granularity we desire and you expect."

Hawkins did, however said there is a need to recognise a misunderstanding of what the polls are intended to deliver, and to address misconceptions of what pollsters do.

ComRes' telephone polls consistently did not indicate the Conservatives were behind Labour, Hawkins noted, and the company even published an article indicating that when you looked past the "poll of polls" the Conservatives had been leading all year.

Shakespeare addressed this notion, commenting that whilst some were suggesting the issue was offline against online polling, telephone pollster ICM's final poll had a 1% Labour lead.

"Phone polls and Online polls last night had identical average errors. This is not about offline/online but polling and voter behaviour," Shakespeare said in a tweet.

Based on the actual vote share, not seats, ComRes' final poll put the Conservatives ahead with a 35% lead, with Labour behind at 34%. As at 1000 BST, Conservatives had a 37% share of the actual vote, and Labour had 31%.

"Some commentators have been very quick to put the boot into pollsters for calling it wrong. The truth is that pollsters, when they stick to their knitting, measure vote share," Hawkins said.

"We do indeed, together with academics and the media, need to look at how that vote share translates into House of Commons seats ? that is certainly true. But there is no need to throw the baby out with the bathwater. Most of the polls from most of the pollsters were within the margin of error. How they are interpreted and reported needs to be a matter of collective consideration," Hawkins said.

Shares in YouGov are trading down 0.1% at 121.39 pence Friday morning.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright 2015 Alliance News Limited. All Rights Reserved.

More News
24 Jun 2024 09:44

LONDON BROKER RATINGS: Peel Hunt cuts Flutter to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday:

Read more
24 Jun 2024 07:43

LONDON BRIEFING: Prudential announces buyback; Frasers and THG in deal

(Alliance News) - London's FTSE 100 is called to open lower at the start of the week, with share price falls for major US tech shares, Nvidia included, spooking investors on this side of the Atlantic.

Read more
21 Jun 2024 09:28

LONDON BROKER RATINGS: Barclays cuts Ryanair and Wizz Air

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday:

Read more
20 Jun 2024 12:13

LONDON MARKET MIDDAY: FTSE 100 higher as BoE hold bank rate at 5.25%

(Alliance News) - The FTSE 100 gathered some momentum heading into Thursday afternoon, after the Bank of England left interest rates unmoved in the wake of data showing the UK inflation rate returned to target.

Read more
20 Jun 2024 10:45

AIM WINNERS & LOSERS: Savannah Resources gets investment; YouGov drops

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

Read more
20 Jun 2024 10:17

TOP NEWS: YouGov stock drops as sales slowdown prompts profit warning

(Alliance News) - YouGov PLC shares lost more than a third of their value early Thursday after reporting sales growth has been below expectations.

Read more
20 Jun 2024 10:06

Berenberg slashes YouGov price target

(Sharecast News) - Berenberg slashed its price target on YouGov on Thursday to 1,200p from 1,350p after the company warned that full-year profits and revenue will be lower than expected due to slow demand in its data products division.

Read more
20 Jun 2024 09:47

LONDON BROKER RATINGS: UBS raises Landsec; Berenberg cuts SSP

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday:

Read more
20 Jun 2024 09:30

YouGov warns profits will be lower than expected, shares tumble

(Sharecast News) - YouGov tumbled on Thursday as it cautioned that full-year profits and revenue will be lower than expected due to slow demand in its data products division.

Read more
20 Jun 2024 08:57

LONDON MARKET OPEN: FTSE 100 climbs before BoE takes centre-stage

(Alliance News) - Stock prices in London largely opened higher on Thursday, in somewhat confident trade ahead of a Bank of England interest rate decision, which comes in the wake of the UK inflation rate returning to target.

Read more
7 Jun 2024 10:07

IN BRIEF: YouGov brings Diaceutics Chair Deborah Davis onto board

YouGov PLC - London-based research and data analytics group - Adds chair of Diaceutics PLC, Deborah Davis, to board as non-executive director. Diaceutics is a Belfast-based provider of diagnostic commercialisation services to pharmaceutical and biotechnology companies. YouGov Chair Stephan Shakespeare says: "Deborah's extensive experience of public and non-public board roles, coupled with her digital focus and international markets experience, will further strengthen our governance capabilities."

Read more
10 May 2024 09:52

LONDON BROKER RATINGS: UBS raises Trainline, cuts Kingspan

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Read more
26 Mar 2024 14:15

YouGov reports strong growth as it integrates CPS acquisition

(Sharecast News) - YouGov reported 9% growth in revenue in its first-half results on Tuesday, to £143.1m, with underlying growth at 2% compared to the prior year.

Read more
26 Mar 2024 10:43

YouGov profit plunges on higher costs but hopeful on sales growth

(Alliance News) - YouGov PLC on Tuesday said its interim profit halved on higher costs despite a rise in revenue, but said it expects to see continued sales growth for the full year.

Read more
26 Mar 2024 08:08

LONDON BRIEFING: Flutter hails US success; Smiths names new CEO

(Alliance News) - London's FTSE 100 opened lower on Tuesday, as a slow start to the week continues, with investors having simmering global tensions to be mindful of.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.