I still haven't got anything particularly insightful to say about the surprise election annoucement, but others have. I think this, from the comments below this piece is a good summary of why the Conservatives are feeling confident - namely, their astonishing success in branding themselves as competent managers, despite lurching from one huge, obvious self-inflicted crisis (failed austerity) to the next (flailing Brexit):
For years now the right have perfected the art of portraying themselves as pragmatic and competent, while actually proposing very radical policies and implementing them badly. The left has allowed itself to be portrayed as having some nice ideas, but not being realistic or practical. Bernie Sanders I think is one of the few who have managed to sell left policies as common sense and realistic – the SNP have also managed to do that in Scotland.I'm still looking for an analysis that's both realistic and not depressing. Don't hold your breath.
My point is that Brexit offered Corbyn and the Labour party the opportunity to claim the mantle of being safe and moderate in comparison to the crazy radicalism of the Tories – and to do it without compromising on key policies and ideals. In my opinion, it was a huge gift handed to the left in Britain by the Tories, and the Labour Party was too inept to accept it.
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