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Rishi Sunak should have called autumn elections, says Lord Hammond

Rishi Sunak should have called autumn elections, says Lord Hammond
Rishi Sunak should have called autumn elections, says Lord Hammond

 


Rishi Sunak should have waited until the autumn to call a general election, Lord Phillip Hammond has said.

The former chancellor said the possibility of interest rates falling over the coming months would have provided a better backdrop to conduct the election.

Lord Hammond told the BBC's Laura Kuenssberg: “Personally, I don't understand why we are having an election in July. I would have liked to see the elections later in the year.

I'm confident we'll see one or two interest rate cuts between now and November. And I would have preferred the party to fight this election on the basis of falling interest rates and probably on the basis of Mr Farage disappearing to the United States to also play games with candidate Trump.

It would have been a better backdrop from my point of view, he added.

Lord Hammond blamed the Tories' current electoral woes on Boris Johnson and Liz Truss, adding that by autumn 2022 the die was cast.

It's a tough campaign to run because it's against the backdrop of Boris Johnson's time in government, the Liz Truss debacle and frankly my personal opinion is that many voters have made up their minds in 2021 and 2022, a- he declared.

I think Rishi Sunak and Jeremy Hunt have done a credible job in government, but they are unfortunately being held accountable for errors and mistakes made earlier in this period of government.

Confirmed

Lord Hammond, who served as chancellor under Theresa May, was expelled from the Conservatives in 2019 after rebelling against Mr Johnson over a Brexit vote.

He backed Mr Sunak over Ms Truss in the party leadership election after Mr Johnson resigned and said he felt vindicated over the choice.

The Prime Minister's decision to call a general election in May came as a shock to Westminster, which had been expecting an election in October or November.

But Mr Sunak moved forward after confirming annual inflation had fallen to its lowest rate in almost three years, referring to the figures during his speech to Number 10 later today.

The plan works

He cited falling inflation, as well as the UK's emergence from recession, as proof that the plan and priorities he had set out were working.

Since then, several figures have pointed out that waiting for the fall elections could have allowed the electorate to feel more of the impact of improving economic conditions.

George Osborne, the former MP, said last week on his Political Currency podcast: In a few months, maybe people would start to say: Well, you know, actually, I feel a little better than before, the mortgage costs begin. drop and I noticed that prices in stores are no longer increasing as before.

[Now] he just received a statistic: inflation is 2 percent and that's what I promised to keep.

Sources

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2/ https://www.telegraph.co.uk/politics/2024/06/23/rishi-sunak-should-have-called-for-autumn-election-hammond/

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