By Jessica Frank-Keyes With the May 2 local elections now rapidly approaching, both parties are already beginning expectation management when it comes to the results. And while not all UK councils will hold elections next month, a sizable enough chunk of local authorities will be going to the polls for analysis to be meaningful. Ultimately, it will be the scale of the Conservative losses and Labour gains which is in question – as well as any consequences for Prime Minister Rishi Sunak’s leadership. These are likely to come in a couple of crucial areas. Mayoral elections could be keyOne area pa…