Right now, there are no good options for Conservative MPs. Some dream of a new plot against No 10 – more letters going into Graham Brady; a further challenge and contest; the end of Liz Truss.
This would be madness. And deeply irresponsible. What’s happening at the moment is, essentially, the markets telling the British government: “we don’t believe you”. It’s about risk and the price of risk. Below that, it’s about authority. Whatever you think of the Prime Minister, to put the British state through another period where there is, in effect, no government, as was the case this summer, would be an atrocious abdication of responsibility.
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