What factors prompted Rishi Sunak's call for a general election ? | Vote 2024
Sky's economics editor Ed Conway looks at what factors may have prompted Rishi Sunak to call a general election on 4 July.
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Пікірлер: 575
All we need to remember is that the British public is WORSE OFF. Goodbye !
@quwipyui6519
28 күн бұрын
true UK society gone
@Darren-pq5oc
27 күн бұрын
Not all of it is
@Andrew-tx9jy
27 күн бұрын
@@Darren-pq5oc Most of it is except for the already wealthy Tories.
@vincesiy1403
27 күн бұрын
The British middle class continues to shrink while the politicians and their wealthy cronies continue to get richer and richer.
@b-red7742
27 күн бұрын
Because of covid yeah your right but they won’t mention that will they
14 years of tories, they need to go!
@aclark903
27 күн бұрын
Labour is not the answer!
@user-eg4dv1bm2e
27 күн бұрын
@@aclark903 Labour always has to fix Tories' mess.
@aclark903
27 күн бұрын
@@user-eg4dv1bm2e The mess we are in right now has more to do with Biden’s proxy war in Ukraine than anything Rishi has done.
@davidcooks2379
27 күн бұрын
Reform UK
@duckysyn
27 күн бұрын
@@davidcooks2379 conservatives v2 good luck with that
So many items have crossed the line from under £1 to over £1… and just gone up and up and up.. I can think of dozens and dozens of daily grocery items which have gone up by 30/40%.. it’s unbearable
@outerheaven8797
27 күн бұрын
Well for God's sakes campaign to get another vote on rejoin or stay out of the European Union then..It was a Brexit result achieved through lies
@ab8865
27 күн бұрын
Greed is part of the problem that's why prices have shot up and the tories are blaming war on ukraine and covid. It has nothing to do with that. I think they are helping private companies before they get kicked out like for example the waterboards that are making mass profits.
@ilikelampshades6
27 күн бұрын
Diesel still 1.55. Rent and mortgage costs are never included in official inflation numbers despite making up 60%+ of peoples income
@Darren-pq5oc
27 күн бұрын
@ilikelampshades6. 60% really, rent is 17% of my income
@Jim90117
27 күн бұрын
Some of that is supermarket price gouging, when they're posting record profits at Tesco that's because they're not being fair or honest with the consumer.
Just remember mortgage and rent costs are never included in official inflation figures. For young people the difference between 2014 and 2024 is more like 60%
@richardcodd5323
27 күн бұрын
Look at Australia its gone through the roof not just the uk
@ilikelampshades6
27 күн бұрын
@richardcodd5323 At least your wages are more than doubled what we earn. Our cost of living is more expensive that Australia yet our wages are less than half for a like-for-like job
@Dupedupedean
26 күн бұрын
Same with Canada, cost of living up the roof but wages still the same.
@lacho2670
21 күн бұрын
@@ilikelampshades6 your dollars a lot stronger
The cat at number 10 is more loyal to the country and it’s people than all these clowns
@sudika108
27 күн бұрын
Vote Larry
@benjaminjones5083
26 күн бұрын
Larry: Chief Mouser 👑
@nicolemurphy2629
26 күн бұрын
My cat is so greedy lately 4 lots of whiskas a day he eats He communicated to me tonight that he is applying for a Job in the Financial District Chief Fat Cat I helped him with his CV Wish him luck 🎉
@MrAnadad
23 күн бұрын
He will certainly win see the bigger picture: Left Brexit got Indian prime minister for cheaper labour and under his influence to weaken Indian and Russian relations. Brining back national service to create bigger army to get ready to fight against Russia collectively with other EU members and Nato members!!
@Sam_Ardern_II
23 күн бұрын
Racist . Just because he is Indian doesn't mean he is disloyal, that's sooo Trumpian
A good government policy would not have allowed that 20% increase over the last few years. Tories are poor stewarts
@malcolmmitchell6529
27 күн бұрын
Are they Scottish?
@In_Paradiso58
27 күн бұрын
Rod ain't poor though he's supporting Labour...
@edwingrover112
27 күн бұрын
@@In_Paradiso58 Aah, its great to see a good typo not going unpunished! 😀
@edwingrover112
27 күн бұрын
@@iberian5319 Aah, its great to see a good typo not going unpunished!
@edwingrover112
27 күн бұрын
@@malcolmmitchell6529 Aah, its great to see a good typo not going unpunished!
2.3%. Yeah right. My rent has just gone up by 10%. That 2.3% is totally fake.
@acojo8205
27 күн бұрын
My rent has stayed the same. Therefore inflation is at 0%
@Chaos_Senpai
27 күн бұрын
That's rent set by your landlord, nothing to do with inflation
@oliverraven
27 күн бұрын
@@Chaos_Senpai Yes, not directly related to inflation, but proof that landlords need more regulation. Sadly the Housing Bill will now fail to pass with the impending dissolution.
@pureplay7071
27 күн бұрын
@@Chaos_Senpai This is why inflation is calculated wrong and it is so out of date.
@DJWHITE_
27 күн бұрын
Your rent is not an indicator of inflation as a whole but I feel your pain and agree 2.3% is total BS.
,,we can send Rishi too rowanda when he leaves number ten...😅
@JimTimber
27 күн бұрын
@@Steve-fk1jg to Rwanda
@ajaxjaiswal3442
26 күн бұрын
He could probably buy off UK at discounted price by then.....🤣🤣🤣
It's true prices are crazy for every single item and service, i don't know how people are managing, it's been a tough couple of years.
@nevadatan7323
28 күн бұрын
Protip: We arent.
@sluglife9785
27 күн бұрын
@@nevadatan7323 Not wrong. The number of people officially homeless in this country is genuinely mind-boggling. All our peer countries pale in comparison.
Gas and electricity, council tax, water bills, train fares, petrol, interest rates, rent and mortgages, service charges, insurance premiums, all continue to keep increasing, time for a change.
Inflation rate over the torries 14 year rule is about 50% and thats been generous everything has doubled
@witlesswonderthe2nd883
27 күн бұрын
Same happened under Labour, houses which were affordable doubled plus in price. Add in inflation caused by quantitative easing which gives more money to the rich and bailing out the banks then the country never really recovered since 2008.
@ReynoldGreenlefe177
27 күн бұрын
@@witlesswonderthe2nd883never recovered because the Tory's shafted us. The 2008 crash was global...
@coochieman7887
24 күн бұрын
@@witlesswonderthe2nd883It’s like people forgot how truly bad Labour were
@witlesswonderthe2nd883
24 күн бұрын
@coochieman7887 yes some have very short memories on how bad they are with their lots of promises but lack of delivery. Inflation was rampant in the 70’s thanks to them and we had the winter of discontent. Fast forward and we have the same crap involving houses which they created a ridiculously overpriced market making virtually impossible for millions to buy a home thanks to their lax rules and easy borrowing. Anyone thinking life will get better once they’re in will find it’s the usual breadcrumbs for the workers as they continue to erode the standards of living for those voters. My mother is in her 80’s so has witnessed the little they have done for their loyal followers, she also says they haven’t really been Labour in the true sense since not long after the party’s inception. Having lived through both party’s in charge I can confidently say that neither have the public or country’s interest at heart and are complete dross.
the guy who went to private boarding school and married for money talking about 'hard work' and 'trickle down economy from the top' is just comedy gold
@ClimbingHeaven
23 күн бұрын
I mean i think anybody can work hard but no one is liking Sunak because he is not doing a good job and labour is clearly the better option. But nothing to do with only poor people can work hard.
The clown show put on by the Tories continues.
@modifidious666
25 күн бұрын
Goes for both party's sadly, all a load of freeloading vermin.
It smells like 1997 in here
People have experienced inflation. They know they are worse off and they are still getting worse off, only slightly more slowly. Tories are toast. Vote them out.
@Chaos_Senpai
27 күн бұрын
And labour would be any better?
@Silver-st2zq
27 күн бұрын
@@Chaos_SenpaiLabour are not called the nasty party, the Tories are.
@youknow6470
26 күн бұрын
No no boss sir , why u want vote Indian Sunak Out. We need more Indian Uber drivers dentists doctors , newsagents ,sweet shops . We Indians are taking over the UK boss no.
@coochieman7887
24 күн бұрын
Labour would send this nation down the drain
The cruelest, incompetent, disastrous government ever. Get rid.
Im from the USA this will be big election for the people! I hope my British people make the right choice! All politicians are full of Sh!t😂
@youfsl0072
28 күн бұрын
Including Biden and trump
@robinbest2729
28 күн бұрын
Sadly we wont, they will believe the socialists...I cannot blame them as I fell for their lies in 1997 when I turned of age (nothing got better for me and nothing will get better this time either).
@KhaledAHMED-oi1vo
28 күн бұрын
❤
@maneshipocrates2264
27 күн бұрын
But all of them are better than trumpf. Stay away from trumpf.
@RichRobinson
27 күн бұрын
Wish us luck. 😂🫡
Let's never forget that this is the party that led us to Brexit. They never seem to mention the effect that this had on our cost of living. A convenient ommission in everything they have blamed over the last four years.
@richardcodd5323
27 күн бұрын
Utter bullshit nothing to do with brexit
let's hope that on the 4th of July we take back our INDEPEDENCE (from tories and right wing policies)
@bobbailey7024
28 күн бұрын
And from Labour with their left wing woke policies.
@goonerboz6023
28 күн бұрын
Workers party gb make sure no torys win red ones or blue
@manoo422
28 күн бұрын
An the LAST thing we need is socialism...!!!
@xTerminatorAndy
28 күн бұрын
@manoo422 why?
@heatherjoy479
27 күн бұрын
Independence day 5th off July freedom we hope not rule by the torres
Rishi has had enough and wants to spend more time with his millions.
@maxuser1221
24 күн бұрын
wife's
@SandraLee-mz2yy
17 күн бұрын
That is so funny
I'm guessing they've all taken what they wanted, profited as much as they could before breaking the system, and now its time to jump ship :) if most people understood economics you'd understand how bad it really is
@28pbtkh23
27 күн бұрын
The economy is doing far better than under Gordon Brown.
@wolfen210959
27 күн бұрын
@@28pbtkh23 Try telling that to the millions of people using food banks every week, there were none under Gordon Brown, so the real truth is that the economy is being calculated in such a way that the impact upon the people is being hidden from view, deliberately.
@sudika108
27 күн бұрын
He had plenty of money before becoming pm
@S-uw3dm
27 күн бұрын
@@sudika108 ahhh silly me thinking a business man by nature would be interested in making more money if given the opportunity :) I forgot they all make decisions from the goodness of their hearts
@sudika108
27 күн бұрын
@@S-uw3dm as a business man he can make more..... He won't be limited laws and scrutiny.
Too many letters of no confidence went in, to ignore.
@Stefanski30100
28 күн бұрын
100% didn't want to suffer the same embarrassment as Truss
Where is inflation down please? Because it’s not petrol, food, or car insurance
@YouChwb
27 күн бұрын
Your inflation is down probably because of rising taxes, rents, electricity, etc.
@alanharper23
27 күн бұрын
Lowered inflation doesn’t mean lowered prices.
@funny7
27 күн бұрын
It’s not down, it’s just not increasing as much as it was.
@user-fm6ns5nb4j
27 күн бұрын
When inflation rates fall prices don't fall - they just rise more slowly.
@nathansavage8692
27 күн бұрын
Inflation is the rate of change. Lower inflation doesnt decrease prices, it just means they increase slower. For prices to go back to 'normal' inflation would have to be negative which has its own heap of problems
When I go to the supermarket…. Or the corner shop… OUCH!! when will that get better?
@christinerobottom9444
27 күн бұрын
Never it's here to stay sorry.
@herisuryadi6885
25 күн бұрын
that price increase will be permanent, the only hope is that wages are going to catch up to that
@21agdmnm
24 күн бұрын
@@herisuryadi6885 thats not gonna happen
@herisuryadi6885
24 күн бұрын
@@21agdmnm Yeah
Financial word salad, don't try and tell me I am going to be better off any time soon. 🙄😒..
@alanharper23
27 күн бұрын
When did he say anything like that? In fact he pointed out the relative price levels despite lowered inflation rates.
@squibys2262
27 күн бұрын
It was actually a surprisingly good piece for sky news standards, the cumulative increases are often left out and people get confused. This shows clearly the time frame and in reality we have had near 40%+ inflation in about 2 years. Plus the tax burden one does lay it out quite starkly, conservative so called govt of low tax.
2.3% is bullshit. My landlord requested £1250 a month from £1100 a month for a 1 bed flat. Told him to sling it and found 2 bed instead for £1150. Still a joke but disgrace
Poundland shopping is a good baramoter....most things up from a pound to £1.25 😮
30 percent is the real number not 2.3
@ukisa3rdworld586
28 күн бұрын
30? 300 more like
Right so prices are higher but it could have been even higher so it’s good news? So we should celebrate the increased prices and say look how well we are doing 😂
I didn't vote for Sunak a rich politician
@malcolmmitchell6529
27 күн бұрын
Er, Nobody did.
@meekeverything4937
27 күн бұрын
Nobody vote for him, he only imposed himself on us with the help of Tories
Inflation is below double digits but prices wont go back 😢
The drip got even wetter yesterday.
Because it was either election or riot
@Aden288
27 күн бұрын
Or arrest warrant
@Ryoko007
27 күн бұрын
I thought riot or revolution was coming.
Rishi Sunak and his tories left a mess
Does he think we are stupid? Numbers on a spreadsheet. Between 2010-2019, like we had low inflation and 1.8% avg. growth and the country was still run into the ground with public services, nhs and infrastructure shoddily run. Growth is pointless if no one feels the benefit.
Both parties have different narratives, but in practice there's no difference.
They have allowed corporations to price hike EVERYTHING. Everything has increased by 20-50%.
Nearly there with letters of no confidence, Quite stunned with this announcement, really thought it would be in the Autumn.
Tory must go. Let people breathe.
At the moment any inflation is just greed from the business. Last weekend I noticed that an artisan bread in Lidl went from 99p to 1.09p, knowing that the flour and the energy costs went down nearly 50% compared with last year something is really fishy here. There are hundreds of products still going despite the energy and the cost of many commodities went down a lot in the last 12 months.
Starmer and Sunak both members of WEF and Starmer said he prefers DAVOS to parliament. Don't like either of them.
@connorparsfield7456
27 күн бұрын
Didn’t know they were wrestlers 🤣
@paulgibbon5991
27 күн бұрын
Spotted the QHead.
@paulgibbon5991
27 күн бұрын
@@connorparsfield7456 July 4th: GOOD GOD ALMIGHTY! GOOD GOD ALMIGHTY! THEY'VE KILLED HIM! AS GOD IS MAH WITNESS, HE IS BROKEN IN HALF!
@futuristwave
25 күн бұрын
@@paulgibbon5991not really. There's a clip of Starmer admitting he likes Davos more than Westminster even
Really impressed how your explaining this date. Really helps to explain what is going on in the British economy.
Because PM about to be pushed out by his own party. Self interest basically so nothing new.
Anyone remember when the pound shop sold items for......£1 or less......yeah i do too
will the energy bill come down?
Do not vote for Conservative
@outlawollie6270
28 күн бұрын
Nor labour
@CJones-99
28 күн бұрын
@@outlawollie6270yeah right, so who then?
@damianbutterworth2434
28 күн бұрын
@@CJones-99 anyone but the main parties.
@mjtigerfang
28 күн бұрын
@@CJones-99anyone but the same 2 parties that constantly put us in a mess. Only idiots keep voting either back in. Time people saw it for what it is and vote elsewhere, stop placating to the rubbish
@mjtigerfang
28 күн бұрын
@@damianbutterworth2434complete agreement 👍🏻
Due to the vast majority of UK people being on fixed rates, the effect of any interest rate cut creating a "feel good factor" of people seeing more money in their pockets is massively overblown by many commentators.
Electricity, gas and other fuels - up 22.7% Accommodation services - up 15.5% Vehicles - up 13.8% Furniture, furnishings and carpets - up 11.2% Household appliances - up 8.4% Glassware and ceramics - up 7.7% Hospital services and nursing homes - up 6.6% Transport - up 5.9% Postal services - up 5.6%
I not seen prices go down I'm shops or fuel prices
@alanharper23
27 күн бұрын
Why would they go down? Lower inflation doesn’t mean lower prices.
Poundland is not £1 anymore thanks to Torries
Rishi wanted a July holiday. Simples!
Who cares why, shame on Sunak for taking the press notice off of the Post Office enquiry. The tories have no shame.
Speck for yourself I got no pay increase in April
Nobody thinks the inflation rate is 2 percent lmao 😂 fake 🤣
They figure that inflation across the board. Ferraris are similar in price but ground beef can double. Way to cook the books.
Anyone who votes either Tory or Labour are mad !!!!
@alanharper23
27 күн бұрын
In a FPTP system, voting Labour is the clearest route to removing the Conservatives from government. I’d argue we shouldn’t even use FPTP but that’s beside the point.
Does the household disposable income data include the mega-rich? If so that could give the false impression that households of all levels of income are, or have been, better off under x government over the years.
Every one is on holiday in spain
Dark times ahead
Man with suit explained how he pays more for his Bentley fuel....
this was a good video 👍
Will the ftse collapse.. windfall taxes to scare away Shell. Or BP, maybe both??
The world most wanted Rishi sunak
Inflation can be influenced by reducing heating costs, which constitute a significant portion of household expenses.
Something really big Gonna Happen That’s y they called the Election
"Your British people?" How mercan.
he got his money and now doing a runner.
Please compare the household Disposable income of other G7 countries post covid to show the true picture .
@wolfen210959
27 күн бұрын
No chance of Sky doing that, they are fully paid up members of the Tory fan club, CH4 might do it, now that the threat of more legislation has gone away.
Maybe he already got all the advantages he needed ? I am wondering how Infosys did in the past fewyears, and if it got any interesting contracts?
Can't cut rates in general election because of the Herda law
Could BBC kindly get him a laser pen please?
Here's how that argument sounds to the British public: "Our party caused skyrocketing inflation in our last term and a recession. Now it's gone down to a little more normal levels, without even approaching undoing all the damage we just did. Therefore, vote for us - trust in our economic understanding!"
Numbers are all manipulated to make everyone think that they are doing well. To me, I dont feel the change. To Rishi please go youve done ur very best.
I thought most of the world was dealing with inflation. It isn't exclusive to our country?
I fundamentally disagree with how they calculate inflation. 2.3%, my fanny aunt.
Very informative!
What prompted it? simple they have pocketed all the Money they need and the Game is up!
This is so dumb. He should have waited for BoE to actually lower the rate
Rishi Sunak has called the election far too early. many people still think that the UK economy is still in recession, even though it is now growing strongly. Most folk haven't felt any of the good effects from the upturn in the economy. They might feel the positive effects come the autumn, but Sunak has blown any chance of that by calling for a summer election. I think that this shows that his expensive education at Winchester School was a waste of money.
We need independent MPs across the UK to act as opposition.
Make the 4th of July OUR independence day. #VoteTactically #ToriesOut
So good
Get on with it, can't afford another forced resignation and unelected PM. Win it or lose it just call it. Party shufflers will be sliding across the floor and independents will be able to fill 3 benches. The public are sick of them. Waste of time campaigning just take it on the chin as the US celebrates independence day.
3:45 - Blame it all on Sunak, nevermind Brexit and Covid aftermath.
Rishi has a new job in California but was told he had to start in mid July , therefore……
It's better for Ricky to be voted out by the changing of which party is in power than to be forced out by resigning.
Looks like his workout routine is completed 😂
#VoteBean
Don't forget the Tories had COVID parties
♥️Lovingly🤩Beautifully‼️♥️💜💟 💚Gorgeously Lovely!‼️♥️💚😍💜 🌍♥️💜💙💚💛🧡♥️💜🌎
I'm curious as to why Sunak didn't wait until Autum. Before the Brexit (courtesy of David Cameron and Boris Johnson) and Truss (courtesy of herself), the Tories were known for being inflation hawks and good economic stewards. The economy is expected to be better this year, but it won't be until autumn that the data can be collected. If he waited that long, he could then try to sell "hey we're competent again." It's probably not going to work, but it seems better than the alternative.
Torys and Labour are the same thing. There may be a small period of an economic bounce when Labour first get in, but it won't last long. The public still hate the tories so much, I'd expect 2 terms under Labour before the torys win back. And the cycle continues.
Oh, wages are up 10%, I had no idea I received a 10% pay raise. Thanks Sky News!
Amazing presentation with the data analysis and the graphs. Well done 👏
CPI doesn’t mean reduction in prices at all it just kind of flattens after it was fuelled by Covid loans!
Can we write "none of the above" I've no idea who to vote for. I'm Scottish and could never vote SNP as I think just now they are bad for Scotland .
The important thing is that unlike the Londinium Lord Mayors debacle everyone should get out and vote, but don’t vote for either of the Red or Blue; vote for anyone else whether that’s the Respawn party or even independents and even monster raving looney if it’s your only option. We’ve got to show the treacherous Red and blue “look at me’s” that we want real change, real leadership by true Brits with the peoples protection and values at the top of the list.
We'll get an even lower CPI print next month, but too late for a pre election rate cut
Interesting and informative coverage
Things may be cheap for the wealthy but the ordinary hardworking people are struggling to make ends meet