Except we can see inflation being around 3% or less, when the election is held. The electorate could easily be spooked into thinking Labour will get us back to those +10% figures again.
Wouldn't surprise me if BoE are leant on to hold interest rates high longer than necessary, so people see the "benefit" of rates coming down close to the election.
Starmers well aware of what the Torys will say if he trys to promise unfunded policys. inflation may have dropped but all that means is prices aren't going up as fast, it doesn't mean prices are dropping.
I remember the lead up to the 92 election. everyone has there own opinion on why Labour lost. I put it down to the Torys scare campaign 2 weeks before the election. how Labour will bring high inflation, high interest rates, people will loose their homes. I had a big argument with a lad who had not long bought his house under the right to buy, he fell for it hook line and sinker. this was 2 weeks before the election in a completely different political climate. the Torys were hated but they still had the respect and support of the public. the Torys today are trying this 6 months before a election, that's a mistake, Labour have months to show how pathetic this attack is, how can someone whose trashed the economy, brought high inflation and high interest rates due to unfunded policys scare millions into not voting Labour for this reason, Sunak looks more pathetic every time he says this. can you imagine how the average voter reacts when he says this, ? I can see millions saying ohh f.. off you idiot, your lot crashed the economy etc etc,
they have no credibility to make these attacks, they haven't got the respect of the country to make people take them seriously and the timings awful, Labour have months to discredit them.