What factors prompted Rishi Sunak's call for a general election ? | Vote 2024
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- Опубліковано 21 вер 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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All we need to remember is that the British public is WORSE OFF. Goodbye !
The British middle class continues to shrink while the politicians and their wealthy cronies continue to get richer and richer.
Because of covid yeah your right but they won’t mention that will they
@@b-red7742 Other countries came out of Covid far better than we did, due to actually having a plan and not being weak-willed populists. Johnson's non-response made it far worse than it needed to be.
I think most are very wealthy as look at all the houses being built and they are sold within months thousands & thousands...new cars fancy holidays the lot...open your eyes 👀
Yes - remember Covid? Remember the invasion of Ukraine? The British short memory strikes again!
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
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
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.
Diesel still 1.55. Rent and mortgage costs are never included in official inflation numbers despite making up 60%+ of peoples income
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.
@@Jim90117 shoplifting is good for the economy
14 years of tories, they need to go!
Labour is not the answer!
@@aclark903 Labour always has to fix Tories' mess.
@@infohound41 The mess we are in right now has more to do with Biden’s proxy war in Ukraine than anything Rishi has done.
Reform UK
@@davidcooks2379 conservatives v2 good luck with that
The cat at number 10 is more loyal to the country and it’s people than all these clowns
Vote Larry
Larry: Chief Mouser 👑
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 🎉
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!!
Racist . Just because he is Indian doesn't mean he is disloyal, that's sooo Trumpian
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%
Look at Australia its gone through the roof not just the uk
@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
Same with Canada, cost of living up the roof but wages still the same.
@@ilikelampshades6 your dollars a lot stronger
2.3%. Yeah right. My rent has just gone up by 10%. That 2.3% is totally fake.
My rent has stayed the same. Therefore inflation is at 0%
That's rent set by your landlord, nothing to do with inflation
@@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.
@@Chaos_Senpai This is why inflation is calculated wrong and it is so out of date.
Your rent is not an indicator of inflation as a whole but I feel your pain and agree 2.3% is total BS.
The cruelest, incompetent, disastrous government ever. Get rid.
A good government policy would not have allowed that 20% increase over the last few years. Tories are poor stewarts
Are they Scottish?
Rod ain't poor though he's supporting Labour...
@@El_Paracleto Aah, its great to see a good typo not going unpunished! 😀
@@iberian5319 Aah, its great to see a good typo not going unpunished!
@@malcolmmitchell6529 Aah, its great to see a good typo not going unpunished!
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
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.
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.
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.
Protip: We arent.
@@nevadatan7323 Not wrong. The number of people officially homeless in this country is genuinely mind-boggling. All our peer countries pale in comparison.
The clown show put on by the Tories continues.
Goes for both party's sadly, all a load of freeloading vermin.
Inflation rate over the torries 14 year rule is about 50% and thats been generous everything has doubled
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.
@@witlesswonderthe2nd883never recovered because the Tory's shafted us. The 2008 crash was global...
@@witlesswonderthe2nd883It’s like people forgot how truly bad Labour were
@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.
,,we can send Rishi too rowanda when he leaves number ten...😅
@@Steve-fk1jg to Rwanda
He could probably buy off UK at discounted price by then.....🤣🤣🤣
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
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😂
Including Biden and trump
❤
But all of them are better than trumpf. Stay away from trumpf.
Wish us luck. 😂🫡
If all politicians are full of sh*t, what would be the right choice?
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.
And labour would be any better?
@@Chaos_SenpaiLabour are not called the nasty party, the Tories are.
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.
Labour would send this nation down the drain
Where is inflation down please? Because it’s not petrol, food, or car insurance
Your inflation is down probably because of rising taxes, rents, electricity, etc.
Lowered inflation doesn’t mean lowered prices.
It’s not down, it’s just not increasing as much as it was.
When inflation rates fall prices don't fall - they just rise more slowly.
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
It smells like 1997 in here
Financial word salad, don't try and tell me I am going to be better off any time soon. 🙄😒..
When did he say anything like that? In fact he pointed out the relative price levels despite lowered inflation rates.
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.
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
The economy is doing far better than under Gordon Brown.
@@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.
He had plenty of money before becoming pm
@@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
@@S-uw3dm as a business man he can make more..... He won't be limited laws and scrutiny.
When I go to the supermarket…. Or the corner shop… OUCH!! when will that get better?
Never it's here to stay sorry.
that price increase will be permanent, the only hope is that wages are going to catch up to that
@@herisuryadi6885 thats not gonna happen
@@21agdmnm Yeah
Too many letters of no confidence went in, to ignore.
100% didn't want to suffer the same embarrassment as Truss
Rishi has had enough and wants to spend more time with his millions.
wife's
That is so funny
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 😂
They have allowed corporations to price hike EVERYTHING. Everything has increased by 20-50%.
Do not vote for Conservative
Nor labour
@@outlawollie6270yeah right, so who then?
@@CJones-99 anyone but the main parties.
@@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
@@damianbutterworth2434complete agreement 👍🏻
Inflation is below double digits but prices wont go back 😢
Poundland shopping is a good baramoter....most things up from a pound to £1.25 😮
Rishi Sunak and his tories left a mess
let's hope that on the 4th of July we take back our INDEPEDENCE (from tories and right wing policies)
And from Labour with their left wing woke policies.
Workers party gb make sure no torys win red ones or blue
An the LAST thing we need is socialism...!!!
@manoo422 why?
Independence day 5th off July freedom we hope not rule by the torres
Starmer and Sunak both members of WEF and Starmer said he prefers DAVOS to parliament. Don't like either of them.
Didn’t know they were wrestlers 🤣
Spotted the QHead.
@@Connorpunk2024 July 4th:
GOOD GOD ALMIGHTY! GOOD GOD ALMIGHTY! THEY'VE KILLED HIM! AS GOD IS MAH WITNESS, HE IS BROKEN IN HALF!
@@paulgibbon5991not really. There's a clip of Starmer admitting he likes Davos more than Westminster even
30 percent is the real number not 2.3
30? 300 more like
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.
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.
will the energy bill come down?
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.
Because PM about to be pushed out by his own party. Self interest basically so nothing new.
Anyone who votes either Tory or Labour are mad !!!!
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.
I not seen prices go down I'm shops or fuel prices
Why would they go down? Lower inflation doesn’t mean lower prices.
Really impressed how your explaining this date. Really helps to explain what is going on in the British economy.
Anyone remember when the pound shop sold items for......£1 or less......yeah i do too
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.
Because it was either election or riot
Or arrest warrant
I thought riot or revolution was coming.
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.
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.
Utter bullshit nothing to do with brexit
Poundland is not £1 anymore thanks to Torries
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.
Speck for yourself I got no pay increase in April
Who cares why, shame on Sunak for taking the press notice off of the Post Office enquiry. The tories have no shame.
Rishi wanted a July holiday. Simples!
Dark times ahead
Nobody thinks the inflation rate is 2 percent lmao 😂 fake 🤣
this was a good video 👍
Will the ftse collapse.. windfall taxes to scare away Shell. Or BP, maybe both??
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?
They figure that inflation across the board. Ferraris are similar in price but ground beef can double. Way to cook the books.
Man with suit explained how he pays more for his Bentley fuel....
Every one is on holiday in spain
Inflation can be influenced by reducing heating costs, which constitute a significant portion of household expenses.
NOTHING GREAT ABOUT BRITAIN ANYMORE !!!!
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!"
I thought most of the world was dealing with inflation. It isn't exclusive to our country?
he got his money and now doing a runner.
I didn't vote for Sunak a rich politician
Er, Nobody did.
Nobody vote for him, he only imposed himself on us with the help of Tories
Could BBC kindly get him a laser pen please?
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.
Can't cut rates in general election because of the Herda law
The world most wanted Rishi sunak
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.
"Your British people?" How mercan.
Rishi has a new job in California but was told he had to start in mid July , therefore……
Oh, wages are up 10%, I had no idea I received a 10% pay raise.
Thanks Sky News!
I hope British people do the right thing and vote for Larry as the PM.
I love Larry, has he completed his manifesto yet?
@@El_Paracleto he has asked to be crowned King and installed as PM. But I know the British people will not find this demand too much.
Amazing presentation with the data analysis and the graphs. Well done 👏
Please compare the household Disposable income of other G7 countries post covid to show the true picture .
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.
3:45 - Blame it all on Sunak, nevermind Brexit and Covid aftermath.
We need independent MPs across the UK to act as opposition.
Something really big Gonna Happen That’s y they called the Election
This is so dumb. He should have waited for BoE to actually lower the rate
So good
Things may be cheap for the wealthy but the ordinary hardworking people are struggling to make ends meet
I fundamentally disagree with how they calculate inflation. 2.3%, my fanny aunt.
Looks like his workout routine is completed 😂
Just because the rate of inflation has come down doesn’t mean there is a reduction in the cost of goods.
Very informative!
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 .
Make the 4th of July OUR independence day.
#VoteTactically #ToriesOut
#VoteBean
Interesting and informative coverage
CPI doesn’t mean reduction in prices at all it just kind of flattens after it was fuelled by Covid loans!
Don’t listen to any of it. Just GTTO.
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.
Love your second chart that shows how prices have moved up and 2.3 prct is just a gimmick
WEF traitors
Spotted the QHead.
Well explained
Still costs me nothing to ride a bike and sleep rough
We'll get an even lower CPI print next month, but too late for a pre election rate cut
We don’t need to be given an explanation about what prompted the decision. The press seems to want to convey the impression we should be surprised. I’d rather row in a boat with Sunak than Starmer.