UK Prime Minister Rishi Sunak announced the date of the general elections on Wednesday. Putting an end to months of conjecture but not the dire predictions regarding the magnitude of the government’s anticipated defeat.

According to AP, Conservative MPs named Sunak, 44, as leader of the largest party in parliament in October 2022.

This will be his first poll as leader of the party while in office.

This vote, the third since the 2016 Brexit referendum, occurs as Sunak aims to win over voters amid rising living costs.

Former banker Sunak made five main promises, including cutting inflation within a year, with rates dropping to 2.3%.

On Wednesday, rates dropped to almost a three-year low, leading Finance Minister Jeremy Hunt to proclaim, “The plan is working.”

Sunak, amidst pouring rain, requested the dissolution of parliament, stating he had spoken to King Charles III.

“The king has granted this request, and we will have a general election on July 4,” he stated.

Prior to the start of the campaign, the government will prorogue Parliament, concluding the current session on Friday. They will then legally dissolve it on Thursday.

Keir Starmer anticipates his Labour party sweeping to power, viewing the elections as a chance to end 14 years of chaos.

A rising number of political analysts speculate Sunak will leverage the improved economy for pre-elections momentum.

However, detractors point out that shifts in the global economy have a greater impact than changes in governmental regulations.

Earlier, Sunak resisted requests for a specific date, stating he’ll visit the nation in the second half. Speculation increased on encouraging numbers when Sunak and aides refused to refute reports of scheduling elections.

When Defense Secretary Grant Shapps postponed a trip to Eastern Europe for a cabinet meeting, rumors began. The government called Foreign Secretary David Cameron back from Albania, fueling more rumors.

ITV’s political editor reported they canceled a televised interview with Hunt on Wednesday night.  As reporters, photographers, and camera crews descended upon Downing Street, adding to the speculation.