The Prime Minister must pursue fiscal loosening and monetary tightening now or inflation risks undoing her wider reforms agenda before she even starts.
Though it has long since been overshadowed by the death of Her Majesty and the progress of the war in Ukraine, the Conservative leadership contest was horrible. It was too long, too combative, and too expensive.
She knew one big thing: economic policy must change. He knew lots of little things – but not enough to make a late surge count for a slower start.
172,437 people were eligible to vote and there was an 83 per cent turn out. Truss won 81,326 votes and Sunak 60,399.
But there are truths in life – for example, that a stich in time saves nine, beggars can’t be choosers…and that you can’t spend more than your earn. His premiership ends with record spending and taxes.
At present, we are languishing in the polls. However, if we keep their reputation for being good on the economy, then the public may decide to give us another chance.
“It’s responsible not to rule it out,” former Chancellor insists.
Paul Goodman, Henry Hill, and William Atkinson are reunited to discuss the end of the Tory leadership contest, and what the new Prime Minister will face in their first week.
Leadership hopeful will provide direct financial support to everyone to help with energy bills, with extra for poorest and elderly, if he becomes PM
The policy had real and sometimes tragic costs, but it isn’t obvious they could have been as easily avoided as some make out.
The final hustings of the Conservative leadership election.
A party that puts protecting wealthy pensioners and opposing building on the Green Belt ahead of investing in schools deserves to be polling in third place amongst the under 24s.
For the One Nation wing of the party, he was the least worst option. Here are five reasons why Truss’s likely victory should not be too dispiriting.
Activists are willing to go along with the Party as long as it’s prepared to go along with them. Which has meant it doing so on the great issues of the day. Which in recent years have boiled down to one – Brexit.
With the outcome of this race now looking certain, the question is raised about why the 21 percent of uncommitted Tory MPs have not rowed in behind the frontrunner.