With the start of a new year, the 2024 general election campaign will officially get under way. The time for festive frivolity and fun is over.
Rishi Sunak poked fun at himself with a highly amusing Home Alone-style video filmed in Number 10 Downing Street for Christmas day. Sir Keir Starmer and wife Victoria went to the pub for a Christmas day drink.
But politics is about to get deadly serious now. And, possibly, dirty and nasty too, with the two main parties unleashing bitter personal attacks on their opponent’s leader.
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PM ‘Home Alone’ at Christmas
So buckle up. It’s going to be a bumpy ride. The starting gun for the election campaign is about to be fired.
Here’s how 2024 is likely to shape up, month by month
Image: Sir Keir Starmer posed in the pub with his wife
JANUARY
The big new year battle between the parties – and between Rishi Sunak and his mutinous Tory backbenchers – will be a parliamentary dogfight over the government’s controversial Rwanda Bill, or – to give it its full title – the Safety of Rwanda (Asylum and Immigration) Bill.
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The prime minister comfortably won the vote at second reading with a majority of 43. But that was because Tory right-wingers, who claim the bill is feeble and won’t “stop the boats”, were persuaded to abstain rather than vote against it.
Image: The Rwanda Bill passed through on its second reading – but what next?
So what did the PM promise them? And will they block the bill in its later stages, which are expected to begin in the week beginning 15 January? At its worst, defeat on such a flagship piece of legislation could bring down the government. And we’d be into a very, very early election.
If the Rwanda Bill and the “stop the boats” policy fails, Mr Cleverly will surely get the blame. The embattled home secretary can’t even rely on the experienced former immigration minister Robert Jenrick for help any more. He’s now one of the rebels.
Before the parliamentary clashes, Mr Sunak and Sir Keir are expected to kick off the year with big policy speeches, setting out their priorities, as they did last year. That was when Mr Sunak unveiled his five pledges, including “stop the boats”. And haven’t they gone well!
Sir Keir, meanwhile, is understood to be poised to announce alternatives to the government’s Rwanda plan, designed to neutralise Tory attacks that seek to brand him as weak on immigration. Good luck, as they say, with that.
Image: Mr Cleverly could get the blame if the Rwanda Bill fails
FEBRUARY
After seven bruising parliamentary by-elections in 2023, another is looming for Rishi Sunak in Wellingborough, Northamptonshire, after the maverick and somewhat eccentric Tory MP Peter Bone was ousted in a recall petition after being found guilty in a parliamentary inquiry of bullying and exposing himself to a staff member.
Although it was held by Labour from the 1997 Tony Blair landslide until 2005, it’s a safe Tory seat with a majority of 18,540. So what’s the problem for the Conservatives? Well, the Tory majority was 20,137 in Selby and Ainsty, 19,634 in Tamworth and a massive 24,664 in Mid Bedfordshire – and all three fell to Labour in by-elections.
It’s also possible that Mr Bone, who continues to protest his innocence, will stand as an independent, making it even harder for the Conservatives to hold the seat.
And let’s not forget that another by-election is likely later in the year in the much more marginal seat of Blackpool South, where Tory MP Scott Benton is facing suspension and possible recall petition after being caught in a lobbying sting. His majority was only 3,690.
Image: Peter Bone’s is the latest by-election headache for the prime minister
The reason it’s so early? Well, obviously to leave open the option of an early election, in May. Or, more likely, to make Labour believe the Tories are keeping open the option of a dash to the polls.
In 1992, Norman Lamont’s pre-election giveaway budget was on 10 March. He brought in the 20% tax rate for low earners and raised thresholds. John Major called an election the next day and on 9 April won an unexpected victory with a majority of 21. Rishi Sunak would gladly take that, given the state of the opinion polls at the turn of the year.
One option for Mr Hunt is to cut or abolish inheritance tax. That would delight Tory right-wingers, but many red wall MPs believe there are better ways to cut taxes and help those on lower and average incomes. Labour would also condemn it as a tax cut for millionaires.
Image: Chancellor Jeremy Hunt will unveil his budget in the first full week of March
Tories who back scrapping inheritance tax argue, however, that it would create a clear dividing line with Labour, unlike raising the 40% income tax threshold or cutting the 20% basic rate, which Labour might support.
March is also the month when parliament would have to be dissolved if there’s to be a May election. Since the abolition of the Fixed Term Parliaments Act, an election is now held 25 working days after dissolution, not counting weekends and bank holidays.
APRIL
Image: The government will be hoping to hand out tax cuts in April
The start of a new financial year in April is when Mr Hunt and Mr Sunak want any tax cuts to land in people’s pay packets, especially if there is to be a May election.
Even if the election is not until October, the Conservatives will want voters to feel the benefit of budget tax cuts. That’s why Tory MPs are so desperate for the chancellor to cut taxes as soon as possible, hoping a tax giveaway will help cut Labour’s stubborn opinion poll lead, which is around 20 percentage points at the turn of the year.
MAY
Image: Sadiq Khan will be looking for a record third term as London mayor
Unless Mr Sunak calls a snap election in the spring, the final test of public opinion before a general election takes place on 2 May, with local elections in England and Wales.
There are polls in metropolitan boroughs, unitary authorities and district councils and for big city mayors and police and crime commissioners.
After benefiting from a ULEZ backlash in the by-election in Boris Johnson’s former constituency of Uxbridge and South Ruislip in July, the Tories will be hoping to turn the London mayoral election into a referendum on ULEZ.
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But despite the unpopularity of ULEZ, Labour’s Sadiq Khan is odds on to win a record third term, largely because the Conservatives picked a relatively unknown candidate, Susan Hall, as his opponent.
A more significant mayoral election will be Tory mayor Andy Street’s bid to win re-election in the West Midlands, a region full of marginal parliamentary constituencies which is always a key general election battleground.
Image: West Midlands mayor Andy Street will also be facing the electorate
JUNE
A Tory rout in the May elections – possible, if the end-of-year opinion polls are to be believed – will trigger severe Tory jitters and blind panic among many backbenchers convinced they’re on course to lose their seat in the general election.
And with Nigel Farage‘s former party, Reform UK, now polling at between 9% and 11% in opinion polls, MPs and activists on the right of the Conservative Party will see Mr Farage, a hero to many after his I’m a Celebrity jungle exploits, as their saviour.
Image: Could Nigel Farage’s jungle adventure grow his popularity in the UK? Pic: ITV/Shutterstock
There’s a clamour for a Farage comeback from some, and the Conservatives may be open to a deal that persuades current Reform UK leader Richard Tice to drop his threat to stand in every constituency in the UK, including against Eurosceptic Tory MPs. That threat surely cannot hold until the general election.
What price Lord Farage or Lord Tice, in return for a pledge not to oppose Tory MPs in the election? Mr Farage has said he plans to “sit out” the next general election. In other words, not stand as a candidate. After all, he has stood for parliament unsuccessfully seven times. Yes, seven.
King’s Birthday Honours, anyone?
JULY
Image: Claire Coutinho could become the first female chancellor of the exchequer
If Rishi Sunak is planning an October election, July is his last chance to freshen up his top team ahead of the election in a cabinet reshuffle.
One possible move is easing out, or sideways, Jeremy Hunt, and installing his protege and favourite Claire Coutinho as chancellor. Some MPs think Mr Sunak wants to do that to rob Labour’s Rachel Reeves of the honour of becoming the UK’s first female chancellor.
Currently energy secretary, after a rapid rise to the cabinet since her election as MP for former chancellor Sir Geoffrey Howe’s Surrey East constituency in 2019, she’s only 38.
Unless Mr Hunt turned down a sideways move, he’d be a good fit for home secretary, replacing gaffe-prone Mr Cleverly, and would complete the trio of serving in all three so-called “great offices of state”, having previously been foreign secretary.
AUGUST
Image: Angela Rayner will be on the campaign trail over the summer
No let-up in campaigning if we’re hurtling towards an October election. Expect to see Tory attack dog Richard Holden, the party chairman whose parliamentary seat is disappearing in boundary changes, let off the leash.
And for Labour, look out for the party’s deputy leader Angela Rayner as she takes her “Rayner on the road” campervan to your town. We can even expect to see lots of seaside campaigning. Just what you want when you’re sunbathing on the beach!
SEPTEMBER
Image: Ben Wallace
Image: Dominic Raab
Image: Sajid Javid
Image: Matt Hancock
Parliament will meet for what’s known as “wash-up”, tidying up and completing all unfinished business in the parliamentary session.
But it will also be time for the House of Commons to say goodbye to several big beasts who’ve held senior positions in their party and are standing down. Some of them are veterans, but some are not so mature.
Senior Tories leaving the Commons include Ben Wallace, Dominic Raab, Sajid Javid and Matt Hancock and from Labour Harriet Harman, Dame Margaret Beckett and Dame Margaret Hodge. Most will surely soon be back in parliament in the House of Lords.
A September dissolution probably means no party conferences, though since they make money there may be moves to keep them. More likely, though, there’ll be campaign rallies around the country instead.
Image: Harriet Harman
Image: Dame Margaret Beckett
Image: Dame Margaret Hodge
OCTOBER
The election date? The Tories had considered 31 October, but it’s Halloween, of course, and they wouldn’t want headlines about an election “fright night”. So the week before, Thursday 24 October, looks the favourite.
During the campaign, the two main parties are likely to bring some of their top box office performers out of retirement to work their magic on the voters.
Image: October is likely to see an election
So, for the Tories, despite his “Marmite” appeal, Boris Johnson will no doubt be urged to woo red wall voters in the former Labour seats with his brand of Brexity populism, while the housewives’ favourite, the new foreign secretary Lord David Cameron is likely to be asked to charm posh middle class Tories in the shires.
For Labour, Sir Tony Blair hasn’t lost his magic and will be back. And even grumpy Gordon Brown is revered by Scots and will surely be deployed to repel the yellow peril of the SNP north of the border.
And the result? If there’s a hung parliament, it could all take weeks or even months to sort out, as it did in 2010 when the Lib Dems took an age before deciding to go into coalition with Mr Cameron. And a fat lot of good it did them in the 2015 election!
NOVEMBER
Image: Donald Trump and Boris Johnson could return in November
Don’t underestimate the impact of the US presidential election, on Tuesday 5 November, on UK politics and indeed on international affairs if Donald Trump returns to the White House.
Nigel Farage, whether he’s inside or outside the Tory big tent by then, will surely be among the first on a plane to Washington. Closely followed, almost certainly, by Boris Johnson.
A Trump victory in the US is likely to trigger a loud and excitable “bring back Boris” campaign if the Tories have lost an October election.
A Trump presidency will also be a nightmare for whoever is UK PM, whether it’s still Mr Sunak or Sir Keir finding his feet in Downing Street. Ukraine and the Middle East would become dangerous political minefields for a UK prime minister as well as brutal war zones.
If Mr Sunak has lost, he’ll no doubt be out in days. The Tory party is very unforgiving of a loser.
DECEMBER
Image: Kemi Badenoch will likely run to be leader if the Tories lose the general election
Image: Former home secretary Suella Braverman could fancy her chances at replacing Rishi Sunak
But who will succeed Mr Sunak in a pre-Christmas Tory leadership election if he has lost the general election? Suella Braverman and Kemi Badenoch, rival queens of the Tory right, will certainly run.
Nigel Farage? He did say “Never say never” after his jungle jaunt, in what was seen as a hint that he might return to the Tories as part of a dream ticket with Mr Johnson.
Far-fetched? Probably. But Margaret Thatcher famously said that in politics “the unexpected always happens”. And who would’ve predicted the return of Lord Cameron as he strode up Downing Street that November morning?
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With the party’s big lead in the polls, a Labour win in 2024 is widely predicted. But could Mr Sunak repeat John Major’s shock victory of 1992?
If he does he’ll be able to record another Home Alone video in Downing Street next Christmas. And Sir Keir and his wife will have more time to go to the pub.
The combination of full prisons and tight public finances has forced the government to urgently rethink its approach.
Top of the agenda for an overhaul are short sentences, which look set to give way to more community rehabilitation.
The cost argument is clear – prison is expensive. It’s around ÂŁ60,000 per person per year compared to community sentences at roughly ÂŁ4,500 a year.
But it’s not just saving money that is driving the change.
Research shows short custodial terms, especially for first-time offenders, can do more harm than good, compounding criminal behaviour rather than acting as a deterrent.
Image: Charlie describes herself as a former ‘junkie shoplifter’
This is certainly the case for Charlie, who describes herself as a former “junkie, shoplifter from Leeds” and spoke to Sky News at Preston probation centre.
She was first sent down as a teenager and has been in and out of prison ever since. She says her experience behind bars exacerbated her drug use.
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Image: Charlie in February 2023
“In prison, I would never get clean. It’s easy, to be honest, I used to take them in myself,” she says. “I was just in a cycle of getting released, homeless, and going straight back into trap houses, drug houses, and that cycle needs to be broken.”
Eventually, she turned her life around after a court offered her drug treatment at a rehab facility.
She says that after decades of addiction and criminality, one judge’s decision was the turning point.
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“That was the moment that changed my life and I just want more judges to give more people that chance.”
Also at Preston probation centre, but on the other side of the process, is probation officer Bex, who is also sceptical about short sentences.
“They disrupt people’s lives,” she says. “So, people might lose housing because they’ve gone to prison⊠they come out homeless and may return to drug use and reoffending.”
Image: Bex works with offenders to turn their lives around
Bex has seen first-hand the value of alternative routes out of crime.
“A lot of the people we work with have had really disjointed lives. It takes a long time for them to trust someone, and there’s some really brilliant work that goes on every single day here that changes lives.”
It’s people like Bex and Charlie, and places like Preston probation centre, that are at the heart of the government’s change in direction.
“As far as I’m concerned, there’s only three ways to spend the taxpayers’ hard-earned when it comes for prisons. More walls, more bars and more guards.”
Prison reform is one of the hardest sells in government.
Hospitals, schools, defence – these are all things you would put on an election leaflet.
Even the less glamorous end of the spectrum – potholes and bin collections – are vote winners.
But prisons? Let’s face it, the governor’s quote from the Shawshank Redemption reflects public polling pretty accurately.
Right now, however, reform is unavoidable because the system is at breaking point.
It’s a phrase that is frequently used so carelessly that it’s been diluted into cliche. But in this instance, it is absolutely correct.
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Without some kind of intervention, the prison system is at breaking point.
It will break.
Inside Preston Prison
Ahead of the government’s Sentencing Review, expected to recommend more non-custodial sentences, I’ve been talking to staff and inmates at Preston Prison, a Category B men’s prison originally built in 1790.
Overcrowding is at 156% here, according to the Howard League.
Image: Sophy Ridge talking outside Preston Prison
One prisoner I interviewed, in for burglary, was, until a few hours before, sharing his cell with his son.
It was his son’s first time in jail – but not his. He had been out of prison since he was a teenager. More than 30 years – in and out of prison.
His family didn’t like it, he said, and now he has, in his own words, dragged his son into it.
Sophie is a prison officer and one of those people who would be utterly brilliant doing absolutely anything, and is exactly the kind of person we should all want working in prisons.
She said the worst thing about the job is seeing young men, at 18, 19, in jail for the first time. Shellshocked. Mental health all over the place. Scared.
And then seeing them again a couple of years later.
And then again.
The same faces. The officers get to know them after a while, which in a way is nice but also terrible.
Image: Sophy Ridge talking to one of the officers who works within Preston Prison
The ÂŁ18bn spectre of reoffending
We know the stats about reoffending, but it floored me how the system is failing. It’s the same people. Again and again.
The Sentencing Review, which we’re just days away from, will almost certainly recommend fewer people go to prison, introducing more non-custodial or community sentencing and scrapping short sentences that don’t rehabilitate but instead just start people off on the reoffending merry-go-round, like some kind of sick ride.
But they’ll do it on the grounds of cost (reoffending costs ÂŁ18bn a year, a prison place costs ÂŁ60,000 a year, community sentences around ÂŁ4,500 per person).
They’ll do it because prisons are full (one of Keir Starmer’s first acts was being forced to let prisoners out early because there was no space).
If the government wants to be brave, however, it should do it on the grounds of reform, because prison is not working and because there must be a better way.
Image: Inside Preston Prison, Sky News saw first-hand a system truly at breaking point
A cold, hard look
I’ve visited prisons before, as part of my job, but this was different.
Before it felt like a PR exercise, I was taken to one room in a pristine modern prison where prisoners were learning rehabilitation skills.
This time, I felt like I really got under the skin of Preston Prison.
It’s important to say that this is a good prison, run by a thoughtful governor with staff that truly care.
But it’s still bloody hard.
“You have to be able to switch off,” one officer told me, “Because the things you see….”
Staff are stretched and many are inexperienced because of high turnover.
After a while, I understood something that had been nagging me. Why have I been given this access? Why are people being so open with me? This isn’t what usually happens with prisons and journalists.
They want people to know. They want people to know that yes, they do an incredible job and prisons aren’t perfect, but they’re not as bad as you think.
But that’s despite the government, not because of it.
Sometimes the worst thing you can do on limited resources is to work so hard you push yourself to the brink, so the system itself doesn’t break, because then people think ‘well maybe we can continue like this after all… maybe it’s okay’.
But things aren’t okay. When people say the system is at breaking point – this time it isn’t a cliche.
Censorship-resistant âdark stablecoinsâ could come in increasing demand as governments tighten their oversight of the industry.Â
Stablecoins have been used for various groups to store assets due to a lack of government interference; however, with regulations pending, that could soon change, Ki Young Ju, CEO of crypto analytics firm CryptoQuant, said in a May 11 X post.
âSoon, any stablecoin issued by a country could face strict govt regulation, similar to traditional banks. Transfers might automatically trigger tax collection through smart contracts, and wallets could be frozen or require paperwork based on government rules,â he said.
âPeople who used stablecoins for big international transfers might start looking for censorship-resistant dark stablecoins instead.â
On the heels of US President Donald Trumpâs crypto-friendly administration assuming power earlier this year, lawmakers are weighing stablecoin legislation, which seeks to regulate US stablecoins, ensuring their legal use for payments.Â
Ju speculates that a dark or private stablecoin could be created as an algorithmic stablecoin, with the value maintained through algorithmic mechanisms rather than being pegged to an external asset like gold, which makes it susceptible to interference from authorities.Â
âOne possible example could be a decentralized stablecoin that follows the price of regulated coins like USDC using data oracles like Chainlink,â he said.
Another way would be stablecoins issued by countries that donât censor financial transactions, or, for example, if Tether chooses not to comply with US government regulations in the future.
âUSDT itself used to be considered a censorship-resistant stablecoin. If Tether chooses not to comply with US government regulations under a future Trump administration, it could become a dark stablecoin in an increasingly censored internet economy,â Ju said.
Privacy technology in crypto is already being used
Zcash (ZEC) and Monero (XMR) â while they arenât stablecoins âalready shield transactions and allow users to send and receive funds without revealing their transaction data on the blockchain.
Several projects are also working on using similar technology for stablecoins, such as Zephyr Protocol, a Monero fork that hides transactions from being revealed on the blockchain. PARScoin also hides user identities, transaction values, and links to past transactions.
The market cap of US dollar-denominated stablecoins has continued to grow, crossing $230 billion in April, a report from investment banking giant Citigroup found. Thatâs an increase of 54% since last year, with Tether (USDT) and USDC (USDC)Â dominating 90% of the market.