It feels to me like the Tories (and their wealthy mates) have now got to the point where they don’t feel they can rinse the taxpayer for much more without everyone seeing them for the craven vampires they are, so they’re happily stepping back for one or two terms.
In that time Labour will struggle like fuck to get the country back to where it was 14 years ago when the Tories walked back into Number 10, the papers will blame Labour for everything being shit, and the door will be open for the Tories to come back in and carry on the pillaging with coffers that are worth the effort.