UK's PM Rishi Sunak to announce early general elections for July 4

British Prime Minister Rishi Sunak is expected to announce early general elections for July 4, sources told The Guardian on Wednesday.

This announcement comes after the prime minister previously claimed that his "working assumption" was that the general elections would be held in the second half of the year.

Cabinet meeting scheduled amid election rumors

According to British media, a Cabinet meeting has been scheduled to take place at 4:15 pm local time.

Foreign Secretary David Cameron has cut his trip to Albania short to take part in the meeting, fueling speculation about the imminent election announcement.

Labour Party ready for elections

Labour Party and Opposition leader Kier Starmer has stated that his party is prepared for the upcoming elections. "We are fully ready to go whenever the prime minister calls an election. We have a fully organized and operational campaign ready to go," Starmer said.

Conservative Party facing potential historic loss

According to the latest polls, the Conservative Party is on track for its worst election result since 1997. This development adds significant pressure on Prime Minister Sunak as he prepares to announce the early elections.

The political landscape in the UK is set for a dramatic shift, with all eyes on the upcoming Cabinet meeting and the official announcement from Prime Minister Sunak.