Truss’s resignation after a chaotic six weeks in office has given supporters of Boris Johnson, the former premier ousted in disgrace in July, space to push for what would be an extraordinary comeback.Backers of Johnson confirmed they are talking to Tory MPs to gauge his chances, while saying the former leader — whose scandal-ridden tenure was ended when an unprecedented number of ministers quit his administration in protest — had not made a final decision on whether to run.
Defence Secretary Ben Wallace, who is often touted as a unifying figure, ruled himself out of the running on Friday with a thinly-veiled warning to Truss’s successor that they should stick to her promise to raise defense spending.
Tory feeding frenzy to lead the circus. A free for all in country that is in free fall... Baptism of fire for the monarch who waited 73yrs to deal with this embarrassing absurdity
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Business Maverick: ‘Markets Are Calling the Shots:’ UK Traders React to Truss ExitThis month of economic chaos will be a warning to any future British leaders about the risk of being reckless with the country’s finances, said UK traders after Prime Minister Liz Truss resigned.
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Business Maverick: UK bond traders have a warning for Conservatives choosing new PMTraders in UK government bonds helped topple Liz Truss. Now they’re setting their sights on the next goal: ensuring her successor will stick to the fiscal discipline required to shore up the country’s fragile finances.
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