So, because I'm a saddo, I've been glued to this speculation all morning (I should probably be doing some uni work instead).
This may come to nothing, but rumours of the Prime Minister calling a General Election today started yesterday afternoon, and have intensified ever since.
- There was a cabinet meeting held on Monday, that cabinet members reportedly had no idea what it was about beforehand.
- Journalists have been asking cabinet members and No.10 since yesterday. Rather than the usual denials, they've been silent.
- Steven Flynn MP outright asked the PM at PMQ's. Unsurprisingly the Prime Minister did not confirm or deny and just reiterated that it would be held in the second half of this year.
- Tory MP's and cabinet members are briefing journalists that inflation "falling" to 2.3%, the IMF predicting interest rate cuts later in the year, growth and growth forecasts up, migration falling 25% before it inevitably rises again during the summer, and the first flight to Rwanda due to take off in a few weeks, is all about as "good" as the news will get for the government between now and the autumn.
- The King is in London and has an audience with the PM later today.
- It is being compared to Gordon Brown's election that never was, where it was thought Brown let speculation run rife without damping it down, and that it ended up damaging his electoral chances as he was seen to be "bottling it". With polls suggesting that the majority of the country want an election, it could be damaging for Sunak to let 24 hours of speculation run it's course before backing down.
- Kier Starmer did not give Sunak the oxygen at PMQ's to kick start his campaign by doing a "lap of honour" about recent economic news, instead focusing on the infected blood scandal in a subdued exchange.
- Parliament breaks up for recess on Friday. Any Bills still going through the commons at present are still at quite preliminary stages.
I think he'd be crazy not to call a date today or tomorrow, even if it ends up being the autumn. I think it would be hugely damaging to not deny until the last minute owing to how hungry people are for an election. I also agree that current news for the government, and upcoming news over the summer, is pretty much as good as it will get.
He'd be better calling it now, and going for July 4th. Brag about economic figures, flights to Rwanda, and Spings immigration figures. The Euros will be in the Quarter Final stages by then and hopefully we'll have some nice weather. Wait until the Autumn, and he'll be relying on the Bank of England lowering interest rates (uncertain and Andrew Bailey has signalled they possibly won't), it's a gamble whether inflation will fall below 2%, and there's the possibility that things could get worse of he waits. He'll also want to hold it before the summers small boats crossing figures are released.
My money is on an announcement soon, but end of summer/early autumn. Before conference season. Not certain by any stretch though.