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Speculation Grows Over Potential Early UK General Election

Recent tax cuts and discussions of an early Budget fuel rumors of a spring 2024 election, despite Conservatives trailing in polls.

  • Chancellor Jeremy Hunt's recent tax cuts have sparked speculation of an early general election in spring 2024, rather than the expected autumn date.
  • The tax cuts, including a 2% reduction in the main rate of National Insurance, will be implemented from January 6, 2024, allowing voters to feel the financial benefit for months before a potential spring election.
  • Senior Treasury figures have discussed holding an early Budget in February 2024, further fueling speculation of a spring election.
  • Despite these signs, the Conservatives are currently trailing Labour by 20 percentage points in opinion polls, making an early election potentially risky.
  • Isaac Levido, the Tory campaign manager, is expected to join Conservative Campaign Headquarters full-time from January, in time for a potential early election.
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