Sunak’s Last Stand: Reasons to Be Cheerful During the Final Curtain Call

The election campaign for the Tories has been a disaster so far. Polling data shows they’re rapidly losing vote share, and Rishi Sunak can’t open his mouth without hurting his chances. Despite that, he might have a few reasons to be cheerful.

Inflation Data Looking Good

Image Credit: Shutterstock / insta_photos

We expect the UK inflation rate to drop to the Bank of England target of 2% when the Mya figures are announced. Whilst this isn’t thanks to the government, they’ll surely leap on the good news. 

Lower Inflation Has a Feel-Good Factor

Image Credit: Shutterstock / SewCreamStudio

Although the benefit of lower inflation doesn’t feel dramatic, it helps when you’re not feeling the price of EVERYTHING is going up weekly. 

Sunak Will Use the News

Image Credit: Shutterstock / Sean Aidan Calderbank

Expect the Tories to use the data as proof that their ‘plan for the economy is working’. In contrast, it has more to do with stabilising supply chains and material prices. 

Interest Rate Cuts

Image Credit: Shutterstock / Andrii Yalanskyi

Whilst experts aren’t predicting an imminent interest rate cut, good economic data is expected soon. That data will hint towards a rate cut within a few months, and that will help millions. 

Lower Interest, More Cash

Image Credit: Shutterstock / Artmim

With interest rates at their highest in almost 20 years, a cut would be timely for many of us. Lower borrowing rates would see many people better off. 

Rebuild of Trust Helps

Image Credit: Shutterstock / ComposedPix

Suppose the Tories get the double-whammy of lower inflation data and a suggestion of a Bank of England base rate cut. In that case, they’ll be delirious with excitement. It’ll give them more ammo for their ‘our plan is working’ line. 

Stock Market Size

Image Credit: Shutterstock / William Barton

The London Stock Exchange recently re-took the title of the largest stock exchange in Europe by value. 

Market Measured by Company Value

Image Credit: Shutterstock / Melinda Nagy

Data from Bloomberg reports that companies listed on the London Stock Exchange reached $3.18 trillion on Monday, overtaking the $3.13tn total value of companies listed in Paris.

Doesn’t Say Much About the UK Economy

Image Credit: Shutterstock / Octus_Photography

While this looks great for the UK economy, large companies are trading worldwide. Only their shares are available to buy and sell in the UK. 

It’ll Help Pension Funds

Image Credit: Shutterstock / Inside Creative House

Many people and pension funds are invested in the whole market. Hence, as it increases in size and value, people are technically wealthier.

In Desperate Times, It’s Good News

Image Credit: Shutterstock / Nieves Mares

At a time when economic data doesn’t look good, the government will still use it as proof that the UK remains a great place to anchor businesses and invest your money.

International Football Tournaments

Image Credit: Shutterstock / fifg

A desperate government will jump on ANY good news. If the England and Scotland football teams, expect to see a smiling Sunak in many pictures with the players. 

National Feel-Good Factors

Image Credit: Shutterstock / Niyazz

Politicians will ride the wave of good feelings because people naturally associate an excellent mood with positive feelings about the nation’s state. The Tories will desperately hope the football teams do well. 

Ukraine Tide Turning

Image Credit: Shutterstock / Kosmogenez

One issue where Sunak can take credit is the leading role in helping Ukraine. The UK remains one of the biggest donors of military support to Ukraine.

Coalition Pulling Together

Image Credit: Shutterstock / Alexandros Michailidis

Now, the US is contributing more aid, and the international community is bonding more tightly over the issue; it’s helping catapult the UK back to the top table on the world stage. 

Working Together Is Working for Ukraine

Image Credit: Shutterstock / Watcharisma

The additional military support is helping to slowly reverse some of the territorial gains made by Russia, whilst western support was slow in arriving. 

Change Expected This Summer

Image Credit: Shutterstock / Bumble Dee

There’s a feeling amongst military experts that the summer could see Ukraine back on the front foot, with fighter jets arriving from Western partners.

Probably Too Little, Too Late

Image Credit: Shutterstock / Gints Ivuskans

It’s doubtful that this good news won’t save Rishi his job, but it’ll help to provide him with a bit of hope in the short term.

25 Things You CAN’T Talk About Anymore

Image Credit: Shutterstock / Motortion Films

Remember the days when you could freely discuss just about anything without fear of sparking controversy? Well, those days are long gone. In today’s hyper-sensitive world, there are topics so fraught with tension that even mentioning them can lead to heated debates and hurt feelings. 25 Things You CAN’T Talk About Anymore

Stranded: 15 Worst British Cars in History

Image Credit: Shutterstock / John Selway

Ever had a car that spent more time with the mechanic than on the road? A car that turned every journey into a game of “Will we actually get there?” If so, you might just see a familiar face (or should we say, chassis) in our countdown to the most unreliable British car in history. Stranded: 15 Worst British Cars in History

“Britain Will Become Unrecognizable” – Suella Braverman Spells Disaster for UK Amid Steep Rise in Visas Issued

Image Credit: Shutterstock / I T S

Former Home Secretary Suella Braverman has warned that Britain will become “unrecognizable,” criticizing the amount of work visas the Home Office has approved, despite only being removed from her role in November. “Britain Will Become Unrecognizable” – Suella Braverman Spells Disaster for UK Amid Steep Rise in Visas Issued

20 Things From the ‘70s That Are Not OK Today

Image Credit: Shutterstock / HappySloth

Step into the time machine and set the dial to the 1970s, a decade of disco, bell-bottoms, and some rather questionable choices. While the ’70s gave us iconic music and groundbreaking TV, not everything from this groovy era would get a green light today. 20 Things From the ‘70s That Are Not OK Today

20 Best and Worst Universities in the UK

Image Credit: Shutterstock / William Barton

Navigating the UK university landscape is like deciphering a complex code of rankings, reviews, and reputations to uncover where you’ll not just learn, but truly flourish. Whether you’re drawn to the historic halls of Oxford or the creative buzz of Goldsmiths, finding your perfect fit is about aligning your aspirations with the unique offerings of each institution. 20 Best and Worst Universities in the UK

The post It’s Not All Bad News – Reasons For Sunak to be Cheerful first appeared on Edge Media.

Featured Image Credit: Shutterstock / Alessia Pierdomenico.

Leave a Comment