A candidate will be required to have 100 supporters. As I write, the Conservative MPs most likely to achieve that total are Penny Mordaunt and Rishi Sunak.
“This morning I met Sir Graham Brady. We have agreed that there will be a leadership election to be completed within the next week.”
The new Home Secretary is potentially well placed to break any deadlock in a nominations process among Conservative MPs.
The Prime Minister and the Leader of the Opposition clash at Prime Minister’s Questions.
Kwarteng left office after only 38 days.
Some Tory members would see such a development as nothing less than an establishment coup: as a conspiracy of bad actors working together to win revenge for Brexit.
“We will do that not by cutting public spending but by making sure that we spend public money well.”
Under this scheme, the ’22 Executive would change the rules, Truss would go – and a high threshold would be set to ensure only a single nomination.
The British economy has under-performed ever since the global financial crisis. That has meant 15 years of low growth.
Every leader fails on one or more of my tests. However, her special achievement is to have flunked all of them in the space of a few weeks.
The ineptitude of its start has contaminated voter views of centre-right values as well as the Conservatives’ opinion poll ratings.
He has effectively been treated as being guilty, which he may or may not be, before the claim has been investigated. This offends natural justice.
And that energy bill support scheme, so disliked by some prominent Truss backers? Ninety per cent of the panel back it.
Wallace is top again – with Cleverly, Badenoch, Braverman, Rees-Mogg and Mordaunt above 50 points. There’s a tentative air about this table, as the panel feels its way with the new regime.
These may take time to bear fruit, but must reassure the markets now that the growth path in expenditure will be measurably lower. Such measures must involve doing less, as well as doing things differently.