American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Latest News

Britain’s Conservatives suffer heavy losses in a sign that Rishi Sunak is in real trouble

by admin May 4, 2024
May 4, 2024
Britain’s Conservatives suffer heavy losses in a sign that Rishi Sunak is in real trouble

Britain’s governing Conservative Party suffered heavy losses in local elections, a sign that they could be in real trouble when the country holds a general election at some point later this year.

With around a third of the results declared, the loss of more than 100 seats on local councils and one parliamentary seat in a by-election suggest that national polls in which Prime Minister Rishi Sunak and his party trail by a distance are correct. It also means that if a general election were held tomorrow, the opposition Labour Party would almost certainly win power.

Conservatives are attempting to spin some positives, with one campaign source saying: “Whilst this is a tough night for the Conservative party, it’s clear there is absolutely no love for (opposition leader) Keir Starmer.”

There may be some truth to this: Conservative losses were not exclusively gains for Labour. Parties across the political spectrum, including the new populist right-wing Reform UK, benefited from the Conservatives’ poor performance.

What these results don’t tell us is when the general election will take place. That decision rests solely in the hands of Sunak, who has until December 17 to call an election.

Conservatives are divided on when they think Sunak should bite the ballot bullet. He has to date only committed to it happening in the second half of 2024. The harsh truth is that there is no obvious good time for Sunak to call the election. In all scenarios, there are vanishingly few who think he has any chance of winning re-election, with most instead basing their opinions on what what be the least bad loss.

There has recently been speculation that he could decide to go to the polls as early as July.

The advantage of a summer election, proponents say, is that Sunak can tell a better story than he has been able to for some time. His flagship immigration policy, under which asylum seekers are flown to Rwanda to have their claims considered there, is finally getting off the ground.

Earlier this week, the government sent out a press release celebrating that immigration officers had rounded up people destined for Rwanda. Photographs showing asylum seekers in handcuffs and being locked in the back of vans were met with mixed responses, but the intended message was clear: We are serious and our plan is working.

He has other relatively positive stories to tell, compared to the past few months of relentless misery. While interest rates have not fallen as fast as hoped, the economic situation has improved. Tax cuts for workers are coming into effect and he has committed to raise British defense spending to 2.5% of GDP.

The proximity to government victories – especially Rwanda – could help Sunak fight off attacks from the right, who have been pressuring him on immigration for months. The longer he delays, the more time the public – especially those most concerned about immigration – will have to see any flaws in the policy.

Others think Sunak should look toward the end of the year, as it allows the most time for things to improve.

It is true that Sunak inherited a mess from his two predecessors Boris Johnson and Liz Truss. Johnson had to resign in disgrace after months of scandals dogging his premiership while Truss became the shortest-serving PM in history after her controversial economic policies saw the pound slump to its lowest ever point against the dollar.

Naturally, these left Sunak in a difficult position with the public, trailing in the polls. However, the picture has not gotten any better since Sunak took over and there is every chance that waiting could lead to things actually getting worse.

This is the unenviable situation Sunak finds himself in. Virtually no one thinks he will still be in power this time next year and even his allies are resigned to treating the rest of his time in office as damage limitation. Of course, there is always the chance that some freak event could change everything. But that seems unlikely and since taking office in late 2022, Sunak has not been a man who can rely on luck.

This post appeared first on cnn.com

0
FacebookTwitterGoogle +Pinterest
previous post
China launches moon probe as space race with US heats up
next post
Leading Gaza surgeon Adnan Al-Bursh dies in Israeli prison

Related Posts

Ageas to acquire Esure in £1.3bn deal, targets...

April 14, 2025

UK government faces market jitters and political rebellion...

July 6, 2025

UN team finds ‘convincing’ information that hostages in...

March 5, 2024

Trump sues Murdoch and News Corp over Wall...

July 20, 2025

Who is the 28-year-old vying to be France’s...

July 5, 2024

Ethiopia landslide death toll reaches 257 as UN...

July 26, 2024

Daughter of prominent Palestinian poet killed in Israeli...

April 28, 2024

Israel says Hamas commander killed in southern Gaza...

July 16, 2024

Putin says Russia’s army is ‘always ready’ as...

May 10, 2024

Citigroup’s $81 trillion blunder: how a ‘fat finger’...

March 1, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • Commodity wrap: rate cut hopes fuel gold, silver rally; oil prices climb on geopolitical risk

      December 7, 2025
    • Digital transformation will unlock over $320B in savings for oil, gas industry, says Rystad Energy

      December 7, 2025
    • China’s turnaround: From world’s biggest polluter to renewable energy juggernaut

      December 7, 2025
    • Fed meeting preview: odds of a rate cut are high, but member splits, missing data cloud outlook

      December 7, 2025
    • Why Trump-branded investments are collapsing, and what the market is pricing in now 

      December 7, 2025

    Categories

    • Business (4,768)
    • Investing (3,125)
    • Latest News (2,122)
    • Politics (1,541)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved