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Rishi Sunak has denied his party is preparing for election defeat and insists his team is “fired up” about winning a full term.

Asked what his message would be to Tory MPs despondent about the party’s lag in the polls, Mr Sunak said he was “entirely confident we can win the next election”.

“I am working to get a first full term. I will show the British people what I am capable of in the time I have now before the election,” he said.

Some Tories fear that Mr Sunak’s five priorities – including halving inflation, cutting debt, and stopping small boats – are out of reach and uninspiring for voters.

But Mr Sunak told reporters on the plane to the G20 in Delhi: “I think we have achieved a lot over the last eight months, and you can start to see the fruit of that work.

“You saw over the summer inflation is coming down, that’s the best thing we can do to help people with the cost of living, energy bills are coming down considerably from where they peaked, that’s going to help people; the number of small boat crossings, of course higher than any of us would like… but for the first time ever they are down on the year before… the plan is working.”

Sky’s poll tracker shows Sir Keir Starmer’s Labour Party with an average lead of 18 points in the polls, with three by-elections looming next month, two of them in safe Conservative seats.

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Rishi Sunak and his wife Akshata Murty meet schoolchildren in New Delhi ahead of G20
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Rishi Sunak and his wife Akshata Murty meet schoolchildren in New Delhi ahead of the G20 summit

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The prime minister says his party’s narrow victory in the Uxbridge by-election earlier this year, despite losing two other seats on the same night, made him “entirely confident of victory”.

“That’s what a general election looks like, it’s an actual choice between two alternatives on a set of issues of substance. That’s why I feel confident, as we won in Uxbridge we will be able to make great progress,” he said.

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G20: ‘Progress on trade deal’ – PM

Pollster and former Conservative adviser Luke Tryl said in response: “There’s no doubt the Tories outperformed expectations in Uxbridge and you can see why the PM would want to highlight that bright spot after a difficult few months.

“The problem is the factors that helped the Tories hang on in Uxbridge are almost totally unique.

“The harsh electoral reality for the Tories is the other by-election held on the same day where the Tories saw a 24-point swing against them is a far better reflection of where the public mood is today.”

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Last week, reports surfaced that the prime minister’s chief of staff Liam Booth-Smith had told political advisers they should quit their jobs if they didn’t believe the Conservatives could win.

A shake-up of Downing Street staff has been taking place, with the departure of Mr Sunak’s head of communications, and a new strategy director brought in.

The prime minister said: “As you can see we’ve brought some new people in, very high-quality people that are joining the team because they believe that we will win – they are hungry to win, I am hungry to win, and we are fired up to deliver it.”

Mr Sunak refused to commit to offering tax cuts before the next election, saying the “best tax cut I can deliver for the British people is to reduce inflation”.

The Conservatives have had a difficult summer, with their plans to send asylum seekers to live on a floating barge scuppered by the discovery of legionella and crumbling concrete closing schools.

Mr Sunak conceded the timing of the RAAC concrete crisis had been “frustrating” but said ministers were right to act as quickly when it came to light.

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Harriet Harman calls for ‘mini inquiry’ into race issues raised by grooming gangs scandal

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Harriet Harman calls for 'mini inquiry' into race issues raised by grooming gangs scandal

Harriet Harman has suggested a “mini inquiry” into issues raised by the grooming gangs scandal and called on Sir Keir Starmer and Kemi Badenoch to discuss “terms of reference”.

The Labour peer told Sky’s political editor Beth Rigby on the Electoral Dysfunction podcast that there should “openness” to a future probe as long it does not repeat the previous investigations.

In particular, she said people need to be “trained and confident” that they can take on matters “which are in particular communities” without being accused of being racist.

“I think that whether it’s a task force, whether it’s more action plans, whether it’s a a mini inquiry on this, this is something that we need to develop resilience in,” Ms Harman said.

The grooming gangs scandal is back in the spotlight after Elon Musk hit out at the Labour government for rejecting a new national inquiry into child sexual exploitation in Oldham, saying this should be done at a local level instead.

The Tories also previously said an Oldham inquiry should be done locally and in 2015 commissioned a seven-year national inquiry into child sex abuse, led by Professor Alexis Jay, which looked at grooming gangs.

However, they didn’t implement any of its recommendations while in office – and Sir Keir has vowed to do so instead of launching a fresh investigation into the subject.

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Ms Harman said she agreed with ministers that there is “no point” in a rerun of the £200m Jay Review, which came on top of a number of locally-led inquiries.

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However, she said there’s “always got to be an openness to further analysis, further consideration of what proposals would move things forward”.

She called on the Conservative Party to start “sensibly discussing with the government what should be the parameters of a future inquiry”, as they “can’t really be arguing they want an absolute repeat of the seven years and £200 million of the Jay inquiry”.

She said the Tories should set out their “terms of reference”, so “the government and everybody can discuss whether or not they’ve already got that sorted”.

Girls as young as 11 were groomed and raped across a number of towns in England – including Oldham, Rochdale, Rotherham and Telford – over a decade ago in a national scandal that was exposed in 2013.

In many cases the victims were white and the perpetrators of south Asian descent – with the local inquiry into Telford finding that exploitation was ignored because of unease about race.

The Jay review did not assess whether ethnicity was a factor in grooming gangs due to poor data, and recommended the compilation of a national core data base on child sex abuse which records the ethnicity of the victim and alleged perpetrator.

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Ms Harman’s comments come after the Labour Metro Mayor of Greater Manchester, Andy Burnham, said he believed there was a case for a new “limited national inquiry”.

He told the BBC that a defeated Tory vote on the matter was “opportunism”, but a new probe could “compel people to give evidence who then may have charges to answer and be held to account”.

Jess Phillips, the safeguarding minister who has born the brunt of Mr Musk’s attacks, has told Sky News “nothing is off the table” when it comes to a new inquiry – but she will “listen to victims” and not the world’s richest man.

Sir Keir has said he spoke to victims this week and they do not want another inquiry as it would delay the implementations of the Jay review – though his spokesman later indicated one could take place if those affected call for it.

Tory leader Ms Badenoch has argued that the public will start to “worry about a cover-up” if the prime minister resists calls for a national inquiry, and said no one has yet “joined up the dots” on grooming.

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Pro-crypto CFTC boss, subcommittee rumored as Trump inauguration nears

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Pro-crypto CFTC boss, subcommittee rumored as Trump inauguration nears

New reports suggest the US Senate Banking Committee is looking to create its first crypto subcommittee, while Trump is reportedly eyeing a pro-crypto CFTC Commissioner to take the agency’s helm.

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UK order clarifies crypto staking is not a collective investment scheme

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UK order clarifies crypto staking is not a collective investment scheme

The UK Treasury has amended finance laws to clarify that crypto staking isn’t a collective investment scheme, which a lawyer says is “heavily regulated.”

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