Rather than try to put the cork back in the bottle post-Covid, the right needs to recognise the home-working revolution is here to stay.
It is important to note that real wage growth is a feature, not a bug, of Brexit and one Conservatives should be vocal about. Put simply, leaving the EU has begun to deliver on its promise to give greater economic power to the British worker.
The changing global landscape should refocus our policy on the factors that are need to improve the investment outlook – such as sound macro polices and the level, predictability and simplicity of tax.
In terms of fiscal policy, if the wider economic picture does not allow the debt to GDP ratio to fall, then the focus of the markets will be on the need to keep the public finances in shape.
While no-one should be complacent, the initial evidence is that current problems are specific and not systemic.
Labour like to say we are the only major economy whose GDP has not recovered to prepandemic levels. But looking at GDP at constant prices in national currency the UK economy in 2022, according to the IMF, was one per cent bigger than in 2019.
Even though she won a big majority of the Conservative members plus the largest number of MPs declaring, there was a feeling from the very outset that she would not be allowed to govern in the way she wanted.
The City of London is the world’s leading hub for green finance – a Conservative offer for London must harness its resources to drive an affordable green transformation of this great city.
The former Prime Minister is of less importance than resisting the temptation to make her mistakes all over again.
Commentators focus their attention on the Red or Blue walls, but the Conservatives shouldn’t turn their backs on the green bridge of voters in both camps, especially when we have a strong record on climate and the environment.
The shift to subsidies is more than the timely, targeted and temporary measures that we saw during the pandemic, and signifies a bigger change in global public policy.
Maybe the best way to aggregate opinion is to say that there is a high degree of confidence that 2023 will be a year of recovery, but there is low degree of confidence as to the shape and course of events.
Were Reeves to return to the UK without answers it would leave her open to accusation of engaging in a long-distance publicity stunt.