The Prime Minister is hoping an economic upturn could be key to shifting the polls and convincing voters he is taking the country in the right direction
Prime Minister Rishi Sunak and and Chancellor of the Exchequer Jeremy Hunt during a visit to BAE Systems
Pressed on how much stall the PM was putting on the tax and spend policies coming into force this month, a Government source said: “The economy underpins everything.” “I’m not going to say it won’t work at all. I do completely get the logic of waiting until the autumn for a general election, there is every possibility it could improve,” they told“But people I speak to are reliably Conservative voters and the big thing that hits them are mortgage interest rates. You can offer a tax cut that will give them an extra £300 pounds a year but if they are paying £300-400 a month extra their mortgage payments they won’t care.
“I can’t help but think No 10 is playing games with this constant speculation about early poll. They’re using it as a threat but it’s having the opposite effect.. It makes sense for people to be on manoeuvres. If the May election results are as expected anything could happen.” “The downside to that is the economic fundamentals – there’s not an obvious light at the end of the tunnel economically. Certain things are improved but people are still economically very pessimistic.”
The government source added: “Labour are desperate to talk down Britain and be relentlessly negative, but the fact is that we have turned a corner after Covid and energy crisis from the Russian invasion of Ukraine. There’s a reason Starmer barely mentions the economy at PMQs.”
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