The Sheffield Rally was a political event held by the Labour Party on Wednesday 1 April 1992, a week ahead of the 1992 UK general election on 9 April.
An event in preparation for eighteen months, the rally was held at the Sheffield Arena, an indoor sports venue in Sheffield, England. It was attended by 10,000 Labour Party members, including the entire shadow cabinet, and is reported to have cost some £100,000 to stage. It was the idea of strategist Philip Gould, who was involved in the subsequent successful election campaign of Bill Clinton later that year. The party leader, Neil Kinnock, was flown into the city by helicopter.
The rally was modelled partly on American presidential campaign conventions, with sound and light performances on the stage and celebrity endorsements played on a large video screen. At one point in the proceedings, Kinnock and the shadow cabinet paraded to the stage from the back of the venue, passing through an increasingly enthusiastic audience, with the shadow cabinet being introduced with titles such as "The next Home Secretary" and "The next Prime Minister"; Labour had been in opposition for 13 years and had already lost three consecutive general elections to the Conservatives.
This culminated in an emotional and animated Kinnock taking the podium and repeatedly shouting "We're all right!", which has often been re-broadcast since as an example of overconfident campaigning. Kinnock followed this by proclaiming "We'd better get some talking done here, serious talking."
Although Labour's internal polls at the time suggested the event had little effect on the level of support for the party, media commentators, and some prominent Labour politicians, thought the rally came over as "triumphalist" to television viewers of subsequent news programmes.
The election eight days later was a victory for the Conservatives, who finished 8% ahead of Labour in voting, but with a much smaller parliamentary majority than in 1987. It is widely regarded as one of the most surprising election results of the 20th century, as pollsters had predicted a narrow Labour majority or a hung parliament.