Why Rishi Sunak's surprising early election announcement is a sign he's received some 'bleak news' (2024)

It's about as close to a crystal ball as you're going to get, and for the Conservative Party, it wasn't pretty.

Three weeks ago, the Tories — as they are known colloquially — were routed when Brits went to the polls in a swathe of local elections.

The Conservatives lost 474 councillors around England, and finished third overall with 515, behind Labour (1,158) and the centrist Liberal Democrats (522).

At the time, Tory prime minister Rishi Sunak described the results as "disappointing".

Some will no doubt argue that's a wild understatement of the ballot box catastrophe seemingly heading his party's way soon.

Sunak made a surprise announcement on Wednesday that a UK general election would take place on July 4.

Legally, it didn't have to be held for another six months. Many experts were convinced it would be in October or November.

Why Rishi Sunak's surprising early election announcement is a sign he's received some 'bleak news' (1)

The decision to call a snap poll might point to how desperate things have become inside the party.

"Someone, somewhere has told him things are not going to get any better from where they are right now," says British political commentator Ian Dunt.

That's saying something. The Conservatives have trailed in every opinion poll published since January 2022.

Lately, the results have been particularly dire. A YouGov sample published in The Times newspaper last week had Labour's lead at a whopping 27 percentage points.

A survey of 2,295 people by Savanta published in The Telegraph — also last week — had the Tories trailing by 17 points.

"He's basically being told this is probably as good as it's going to get, which is pretty bleak news for him because it means his election prospects are very poor," Dunt says.

Sunak also trails Opposition Leader Sir Keir Starmer as preferred PM in the polls, and there had been constant whispers inside Westminster he could have faced a leadership challenge in the coming months.

Former minister Penny Mordaunt, favoured by right-wingers in the party, was said to have been canvassed, but she recently described that as "bollocks".

Crushing defeat might be as good as it gets

The Conservatives' woes are arguably adjacent to its current leader.

Sunak might not be popular, but it's the party that many see as the problem.

Since winning government in 2010, the Tories have churned through five prime ministers.

While Brits in 2016 voted to leave the European Union in a referendum, several surveys now show a majority of people believe that was a mistake.

An inquiry has also heard damning evidence about the Conservative government's handling of the COVID-19 pandemic.

As the deaths mounted and with gatherings heavily restricted, the so-called Partygate scandal — which detailed Tory politicians and staffers flouting restrictions — was a major factor in then-Conservative PM Boris Johnson's downfall.

The state of the National Health Service (NHS) is also seen as a key concern for people in the UK. Ipsos data published in March outlined that 35 per cent of Brits described it as "an issue".

Health workers have been striking around the country for 18 months over pay and conditions. The NHS's own data from earlier this year revealed one in every 20 patients had to wait more than four weeks to get a doctor's appointment.

Why Rishi Sunak's surprising early election announcement is a sign he's received some 'bleak news' (2)

Few Britons could say their lives are better now than they were before this long Conservative run in office.

Record inflation since the pandemic means everything from houses to groceries are more expensive and people simply have less money in their pockets.

Conveniently timed, lower-than-expected inflation figures released on Wednesday point to "brighter days" ahead, Sunak says.

But it's worth remembering that while inflation has eased, it does not mean that the prices of goods and services are coming down, just that they are rising less quickly.

"People are going through the most severe cost-of-living crisis they've had in most of our lifetimes. And it's taking place against the background of catastrophic, almost systematic failure of public services," Dunt says.

When you can't keep a lid on cost of living, the next-best political strategy is to shift attention to policy areas that stoke fear and create division.

In recent months, Sunak has been laser-focused on passing his controversial immigration policy to deport asylum seekers to the east African country of Rwanda.

The idea to "Stop the Boats" may have started under Boris Johnson and echoes Australia's own immigration policy, but Sunak has made it the centrepiece of his election campaign.

It's the one thing he can at least look like he's got under control.

After years of legal and political delay, Sunak finally managed to get the bill passed both houses of parliament last month.

Keen to show the policy in action, the Home Office started raiding properties and detaining asylum seekers in a show of force across Britain, months before the first flights were scheduled to leave.

The raids were filmed and released to the media just days out from the local council elections.

But with legal challenges against deportations now stacking up in the courts, Sunak's plan to have plane loads of asylum seekers on their way to Africa by the middle of the year is looking less and less likely.

Securing borders — or appearing to do so — and easing inflation are the only two bright spots remaining for the prime minister, an indication of just how difficult the government's situation has become.

As Sunak addressed the nation outside his official London residence, 10 Downing Street, on Wednesday, protesters blasted D:Ream's 1993 hit Things Can Only Get Better over loudspeakers.

But for the Conservative Party, there's significant reason to believe that's not true.

The polls are pointing to a crushing defeat and, unless something seismic shifts in the next six weeks, that may be as good as it gets for them.

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Why Rishi Sunak's surprising early election announcement is a sign he's received some 'bleak news' (2024)

FAQs

How did Rishi Sunak make his money? ›

Business career (2001–2015) Sunak worked as an analyst for the investment bank Goldman Sachs between 2001 and 2004. He then worked for hedge fund management firm The Children's Investment Fund Management (TCI), becoming a partner in September 2006.

Who did Rishi Sunak succeed to? ›

Rishi Sunak's tenure as Prime Minister of the United Kingdom began on 25 October 2022 when he accepted an invitation from King Charles III to form a government, succeeding Liz Truss. He is the first British Indian and the first Hindu to hold the office.

How many languages can Rishi Sunak speak? ›

Is Rishi Sunak richer than King Charles? ›

So, while Rishi Sunak and Akshata Murty's net worth is parked at £651m, King Charles's direct net worth is around £610m, with his assets as monarch totalling in the region of £49bn. Even Rishi Sunak and Akshata Murty can't compete with that kind of wealth.

How rich is Taylor Swift? ›

And now, as of February 2024? Bloomberg reported that Taylor's net worth is officially $1.1 billion.

Who stood against Rishi? ›

Campaign. Penny Mordaunt and Rishi Sunak were the only two candidates to stand in the contest. As a result of Mordaunt's withdrawal, Sunak won the leadership contest unopposed.

Who was the youngest prime minister of the UK? ›

William Pitt (28 May 1759 – 23 January 1806) was a British statesman, the youngest and last prime minister of Great Britain from 1783 until the Acts of Union 1800, and then first prime minister of the United Kingdom from January 1801.

Who is the great British prime minister? ›

The Rt Hon Rishi Sunak

Rishi Sunak became Prime Minister on 25 October 2022. He was previously appointed Chancellor of the Exchequer from 13 February 2020 to 5 July 2022.

Who can speak 40 languages? ›

Moses “Laoshu” McCormick. Languages spoken: He states he had some knowledge of around 40–50 languages, including English (native), Mandarin, Cantonese, Japanese, Spanish, German, Portuguese, Vietnamese, Somali, Russian, Polish, Swedish, Arabic.

Who can speak 200 languages? ›

The German Hans Conon von der Gabelentz, born in 1807, researched and published grammars of 80 languages. The record, though, probably belongs to Sir John Bowring, Governor of Hong Kong from 1854 to 1859, who was said to know 200 languages, and capable of speaking 100.

Who can speak 12 languages? ›

Emil Krebs (1867–1930), German diplomat. By the time he left school, he could speak twelve languages.

What stocks does Rishi Sunak own? ›

Most of the companies he invests in are small British businesses, but he has a core of large and mid-cap stocks, including the Phoenix pensions group, which pays a dividend yield of 9 per cent; the insurers Legal & General and Aviva, which yield 8 per cent and 7.1 per cent; and the sugar company Tate & Lyle, where the ...

Who is the richest man in the UK? ›

Gopi Hinduja and his family, which is behind the Indian conglomerate Hinduja Group, have been named as Britain's richest once again. The list saw a fall in the number of billionaires for the second year running from 171 to 165. The number of billionaires peaked at 177 in 2022.

What is King Charles' net worth? ›

King Charles III's net worth has increased by $12.5 million (£10 million) over the past year, bringing his total net worth to approximately $772 million (£610 million) according to the newly-published 2024 Sunday Times Rich List, which ranks the 1,000 wealthiest people or families resident in the U.K. Charles is ranked ...

Who is the richest person in the world? ›

Real-Time Net Worth: $212.5B

Bernard Arnault, the CEO and chairman of LVMH, the world's largest luxury goods group, has reclaimed the top spot as the richest person on January 31, 2024, surpassing Elon Musk.

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