2 May 2024

Don’t Bet on a British Revival

Matthias Matthijs and Mark Blyth

The United Kingdom is likely to hold a general election in the fall, and the outlook appears dire for Prime Minister Rishi Sunak and his Conservative Party. In December 2019, the Conservatives were reelected with an 80-seat majority in the House of Commons on the strength of campaign promises to “get Brexit done” and “level up” those parts of the country that had not broadly shared in the benefits of economic growth and investment. But the illegal Downing Street parties during COVID-19 lockdowns, former Prime Minister Liz Truss’s fiscal meltdowns, and the creeping costs of Brexit have demolished what had seemed an unassailable lead. Since he became prime minister in October 2022, Sunak’s Tories have trailed the Labour Party in opinion polls by an average of 20 points.

When the election comes, the Labour opposition leader, Keir Starmer, is expected to cruise to an easy victory. Tory fatigue is widespread, which is perhaps unsurprising after 14 years of often chaotic Conservative rule in which five prime ministers—David Cameron, Theresa May, Boris Johnson, Truss, and Sunak—have served in quick succession. In Scotland, Labour’s prospects have been enhanced by the Scottish Nationalist Party’s fall from grace, caused in large part by its mishandling of transgender and free speech issues. Meanwhile, in England, the Conservatives are bleeding votes on their right flank to the Reform Party, the successor to Nigel Farage’s Brexit Party. All three factors have put the wind in Labour’s sails.

No comments: