Rishi Sunak has called a general election for 4 July, saying “now is the moment for Britain to choose its future”.
In a statement outside Downing Street delivered in the pouring rain, the prime minister said he had met with the King to request the dissolution of parliament.
Mr Sunak said this is “proof that the plan and priorities I set out are working”.
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However, he said “this hard earned economic stability was only ever meant to be the beginning”.
In a rallying cry to the nation he said: “The question now is how and who do you trust to turn that foundation into a secure future for you, your family and our country?
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Sky’s Beth Rigby explains why inflation and boat crossings may have played a part in the timing of the election
“Now is the moment for Britain to choose its future and to decide whether we want to build on the progress we have made or risk going back to square one. With no plan and no certainty.”
Mr Sunak had to contend with New Labour anthem Things Can Only Get Better being played from beyond the gates to Downing Street as he delivered his speech.
In a sign the election will be fought on the economy, the prime minister opened his remarks by harking back to his days as chancellor during the pandemic, saying he served the country while “the future hung in the balance”.
He said that economic stability is “the bedrock of any future success” and accused Labour of having no plan.
Summer election big gamble for Sunak
By Darren McCaffrey, political correspondent
The prime minister, late, increasingly soaked and being drowned out by protesters, confirmed there will be a July election.
Rishi Sunak’s pitch to voters is essentially better the devil you know, stick with me, I have a plan and Labour has no ideas.
“Now is the moment for Britain to choose its future, to decide whether we want to build on the progress we have made or risk going back to square one with no plan and no certainty” he said.
He is hoping that a relatively long campaign, a focus on security, in what he describes as an uncertain world and his economic record will eat into the enormous poll lead Labour have.
It is interesting there was much less focus on migration and small boats.
Sunak admitted mistakes had been made, accepted they had been in power for 14 years but played on lots of voter’s apathy about what Labour’s plans are for government.
This is undoubtedly a massive gamble for the prime minister, no party has ever come back from such a difficult polling situation, but he hopes under scrutiny Labour and Starmer will crumble.
At the moment, most in Westminster think it’s a gamble that will not pay off.
Let the proper campaign begin.
He finished his statement with an attack on his rival for Number 10, Sir Keir Starmer, saying he has “shown time and time again that he will take the easy way out and do anything to get power”.
“If he was happy to abandon all the promises he made to become Labour leader once he got the job, how can you know that he won’t do exactly the same thing if he were to become prime minister?
“If you don’t have the conviction to stick to anything you say, if you don’t have the courage to tell people what you want to do, and if you don’t have a plan, how can you possibly be trusted to lead our country, especially at this most uncertain of times?”
Delivering his own televised statement from central London, Sir Keir said the election is an “opportunity for change” as he tore into the Tories’ record in government.
He pointed to sewage in rivers, people “waiting on trolleys in A&E”, crime going “virtually unpunished” and mortgages and food prices “through the roof”.
“On 4 July you have a choice, and together we can stop the chaos, we can turn the page, we can start to rebuild Britain and change our country,” he said.
If Sir Keir wins the election, it will end 14 years of Conservative governments under five prime ministers.
Lib Dem leader Sir Ed Davey, who is also hoping to make gains the the rural Tory heartlands, said the election is “a chance to kick Rishi Sunak’s appalling Conservative government out of office and deliver the change the public is crying out for”.
What are the rules for calling an election?
Mr Sunak has been saying for months the vote would happen in the “second half of the year” but had refused to set a date.
The assumption was that he would wait until the autumn to give him more time to deliver on his pledges.
However, speculation he could go to the country earlier mounted in Westminster on Wednesday as Cabinet ministers were summoned for an unusually timed meeting, with Defence Secretary Grant Shapps and Foreign Secretary Lord Cameron cutting short trips abroad to attend.
As general elections have to be held every five years, the final day a vote could have taken place was 28 January 2025.
However, the Conservatives in 2019 restored the prime minister’s power to call an election at a time of their choosing within that five years.
The last general election was held in 2019, when Boris Johnson won the Conservatives a landslide over Jeremy Corbyn’s Labour Party.
Since then, there have been two more prime ministers, Liz Truss and Mr Sunak, and the Conservatives’ 80-seat majority has been reduced by a series of by-election losses while their popularity among voters has plummeted.
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Thousands of farmers from across the UK are expected to gather outside Downing Street today – in the biggest protest yet against the government’s changes to inheritance tax rules.
The reforms, announced in last month’s budget, will mean farms worth over £1m will be subject to 20% inheritance tax from April 2026.
Farmers say that will lead to land being sold to pay the tax bill, impact food security and the future of British farming.
The Government insists it is “committed” to the farming industry but has had to make “difficult decisions”.
Farmers from Scotland, Northern Ireland, Wales and England will arrive in London to hear speeches from agricultural leaders.
Sky News understands TV presenter and farm owner Jeremy Clarkson, Conservative Party leader Kemi Badenoch and Lib Dem leader Ed Davey will also address crowds.
Protestors will then march around Parliament Square.
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‘It’s really worrying’
“It’s unfortunate, as Labour had originally said they would support farmers,” said fourth-generation farmer Will Weaver, who is attending today’s rally.
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His 500-acre cow and sheep farm in South Gloucestershire has been in his family since 1939.
“We’ve probably buried our head in the sand a little bit. I think, back of a fag-packet rough estimates, tax is going to be north of half a million [pounds].”
The government is keen to stress that farmers will get a decade to pay the bill – but that comes as little comfort to Will: “It’s more than our profit in any year that we’ve had in the last 10 years. Dad’s saying we’ll have to sell something. I don’t know if we’ll be able to raise that sort of money through a mortgage. It’s really worrying.”
The Treasury says only the wealthiest estates, around 500 of them, will have to pay under the new rules – claiming 72% of farms won’t be impacted.
But farmers say that calculation is incorrect – citing that DEFRA’s own figures show 66% of farms are valued at over £1m and that the government has undervalued many estates.
At the same time as the rally, the NFU is addressing 1,800 of its members in Westminster before they lobby MPs.
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The president of the National Farmers’ Union says farmers are feeling
‘Understanding has been betrayed’
Max Sealy represents the NFU Dairy Board in the South of England.
“We have a detailed job to do to explain why this is wrong not just for farming, not just for the countryside and not just for our families, but for the economy in general,” he said.
“This is a bad tax – it’s been badly implemented because it will affect growth productivity in the country.”
He told Sky News Labour made promises to farmers ahead of the election.
“Both Steve Reed and Keir Starmer came to our conference two years ago and told us farming wasn’t a business like any others and that he understood the long-term nature of farming – that understanding has been betrayed,” he said.
In a joint statement, Chancellor Rachel Reeves and Secretary of State for Environment, Food and Rural Affairs Steve Reed said: “Farmers are the backbone of Britain, and we recognise the strength of feeling expressed by farming and rural communities in recent weeks. We are steadfast in our commitment to Britain’s farming industry because food security is national security.
“It’s why we are investing £5bn into farming over the next two years – the largest amount ever directed towards sustainable food production, rural economic growth and nature’s recovery in our country’s history.
“But with public services crumbling and a £22bn fiscal hole that this Government inherited, we have taken difficult decisions.
“The reforms to Agricultural Property Relief ensure that wealthier estates and the most valuable farms pay their fair share to invest in our schools and health services that farmers and families in rural communities rely on.”
A Met Police spokesperson said it was “well prepared” for the protest and would have officers deployed to ensure it passes off “safely, lawfully and in a way that prevents serious disruption”.