Tory party

Portrait of the week: Tory party conference, gas supply warning and Denmark’s royals stripped of titles

Home Liz Truss, the Prime Minister, came up with a message for the Conservative party conference: ‘Whenever there is change, there is disruption… Everyone will benefit from the result.’ Her words followed a decision not to abolish, after all, the 45p rate of tax, paid by people who earn more than £150,000 a year. Backbench Conservative MPs had let it be known they would not vote for it. ‘The difference this makes really is trivial,’ said Paul Johnson, director of the Institute for Fiscal Studies thinktank. But the pound rose and the government was able to borrow a little more cheaply. Kwasi Kwarteng, the Chancellor of the Exchequer, told the

Katy Balls

Could it be Rishi by Christmas?

What was supposed to be a recovery moment for the Conservatives instead looks like a collective nervous breakdown. The Prime Minister has been forced to U-turn on her flagship tax plan. Her cabinet is in open rebellion. Tory party conference resembled a civil war. The latest polling suggests the party is heading for electoral extinction. And that’s after just four weeks of Liz Truss’s premiership. ‘I know we have had a series of crises but this one really feels like the worst yet,’ says one seasoned government aide. Some Truss supporters are showing signs of buyer’s remorse. ‘I didn’t know it would be this bad,’ says one MP who backed

Give Liz Truss a chance

Conservative governments have a habit of self-destructing: they die not in battle with political enemies but as a result of vicious infighting. It’s been less than three years since Boris Johnson’s triumphant 80-seat election victory, which seemed at the time to come close to condemning Labour to oblivion. Yet this week in Birmingham it was the Conservatives who have looked doomed, posing a far greater threat to each other than to Keir Starmer. In her conference speech, Liz Truss laid out a confident and coherent agenda. She is correct about the need to harness the power of free enterprise to kickstart growth, but she failed to prepare the ground for

What did Kwarteng say to the free market think tanks?

When Liz Truss and Kwasi Kwarteng entered Downing Street, laser focus was not only applied to them, but also to the free market think tanks they had worked with over the years. This evening, Kwarteng paid a visit to two of them, as the Institute of Economic Affairs and The Taxpayers’ Alliance hosted the Chancellor at Conservative party conference for one-on-one conversations. Similar to his speech yesterday, Kwarteng used the opportunity to try to take some heat out of his mini-Budget. When asked if market reaction was part of the Treasury orthodoxy he and Truss had been taking aim against for weeks, he shook his head and pointed to the

What does Michael Gove want?

Tory conference has long been more stage-managed than other party meetings, but this year the official speeches from ministers have also been condensed into a very strange late afternoon slot lasting just two hours. The rest of the time is free for fringe meetings and plotting. Ministers and their aides have been told they have to keep their addresses to the hall announcement-lite, which makes those two hours feel largely pointless. Kwasi Kwarteng didn’t announce very much at all, even though his two U-turns have dominated the day’s agenda. This morning, the Chancellor dropped the plan to abolish the 45p rate of tax, and this evening it has emerged that

Isabel Hardman

Are the Tories in the business of managing decline?

Kwasi Kwarteng’s speech to Tory conference was an attempt to get his party back behind him after his U-turn on the 45p rate. He acknowledged it a number of times in his address, opening by saying it had been a ‘tough’ day, but insisted that the government needed to keep going. The members in the hall laughed as he referred to ‘a little turbulence’ and insisted that ‘we are listening’. After the U-turn, it was quite audacious to insist the government had an ‘iron commitment’ to anything After the U-turn, it was quite audacious to insist the government had an ‘iron commitment’ to anything, but his commitment today was to

Kate Andrews

Everything’s under control, says Kwasi

You could tell Kwasi Kwarteng was aware of his words and tone as he delivered his Conservative party conference speech to a hall full of Tory members this afternoon. It was a delicate set of circumstances, with him having had to U-turn on his plan to abolish the 45p tax rate only this morning. But perhaps more importantly he learned a lesson after the mini-Budget: his words can move markets. And he’d be loathe to push them into freefall again. Kwarteng worked hard to compensate for the total lack of lip-service he had paid to fiscal discipline in his mini-Budget. He praised the UK’s status of having the ‘second lowest

Why Kwarteng’s next fiscal event will have to be brought forward

In a tetchy performance on The Andrew Neil Show, Tory party chair Jake Berry repeatedly insisted that everyone would have to wait until the Chancellor’s unveiling of his fiscal plan on 23 November to find out whether or not there would be spending cuts and when the government believes it will hit its 2.5 per cent growth target. Berry’s performance, which involved repeatedly trying to answer a different question to the one he was asked, made it even harder to believe that this line can hold. If every minister interviewed for the next six weeks sounded like Berry did just now, then it would be a disaster for the government. The sensible

Nick Cohen

The silence that reveals everything about Liz Truss

The moorings that tie the rulers to the ruled are breaking in the UK. You can hear them snapping during the Prime Minister’s silences. On Sunday morning, the BBC’s Laura Kuenssberg asked Liz Truss a question any democratic leader should be able to answer. Truss and her Chancellor’s folly had sent yields on ten-year guilts up to 4.3 per cent. It had forced the Bank of England to announce an emergency £65 billion bond-buying programme. It had threatened pensions and the finances of mortgage holders. ‘How many people voted for your plan?’ asked Kuenssberg. Silence. A silence long enough for viewers to believe that concerns of democratic legitimacy had not

Is Truss in trouble?

The history of political popularity shows things go in one direction: down. John Major entered office with a net satisfaction of +15 and left it having lost 42 points. Blair moved into Downing Street a whopping 60 points in the positive. When he left he’d fallen to -27. And so the story goes – even the Maybot started quite popular with a +35. Where you start can make all the difference. If things are only going to go one way, you want as handsome a margin as possible. That’s why today’s political monitor poll from Ipsos Mori could spell trouble for Truss. She’s beginning her term in office on minus

Boris Johnson was a terrible strongman

The ejection of Boris Johnson from Downing Street today proves that the UK has not gone the way of Donald Trump’s United States, Viktor Orbán’s Hungary or Narendra Modi’s India. For all our faults, the strongman model of leader ends in farce rather than fascism here. Liberal critics ought to be big enough to concede that Conservative MPs – more than any opposition party, movement or institution – saved us from populist authoritarianism. No doubt they did so for impure and self-interested reasons, but this is politics and it is deeds – not motives – that matter most. Johnson’s failure to impose his will on his parliamentary party was his

The problems of mid-term PMs

Any Prime Minister who takes over mid-term has to contend with a certain set of problems. Liz Truss will wish she had been propelled through the front door of No. 10 by the momentum of a general election victory. The first difficulty is that you have no personal mandate. This doesn’t just affect your relationship with the electorate, but your own MPs too. Boris Johnson benefitted from a sense that he was a winner, which made MPs more prepared to trust his judgment. Liz Truss will have to go that much further to persuade MPs of her political calculations. It also means MPs will be more jumpy if the polls are bad.

The Conservative party is a void

Like the winter of discontent, the summer of 2022 is a season that will burn itself into the national consciousness. Predictions of a dark (in all senses of the word) future are daily occurrences. All but the wealthy wonder how they will cope with the hard times that are almost on us. The sense we’re in a runaway crisis is everywhere. Everywhere, that is, except among the leaders of our self-indulgent government. It has shirked its duty to lead the country and preferred to take a long, lazy holiday instead. For Boris Johnson, a redundant prime minister serving out his notice period, his life consists of Mediterranean jaunts. For Liz

It’s time for Tory socialism

The Conservative leadership contest has descended into a low-tax auction, which is not a good thing. The implication is that the Conservatives think government should be minuscule at the very moment when private enterprise is letting us down – the energy companies are raking in cash and spending it on stock buybacks – and the state seems to be on its knees. We live in a country where it’s become widely accepted that if you call an ambulance, it won’t show up for several hours; the borders are wide open; social care is under-funded; and the police have ceased investigating certain crimes. If anything, this is a moment to rediscover

Why Liz Truss shouldn’t be PM

Two and a half years ago I joined the Tory party to vote for Boris, then unjoined as soon as I could. I’ve never been a Tory voter but I believed in Boris and never thought of him as a cliquey, old-school Conservative. Now I’d like to rejoin to keep Liz Truss out. She seems to want to be PM just for the sake of being PM – we’ve had enough of that. But I’m hoist on my own petard. The party has wised up to tactical joining and you need to be a member for six months to vote. One of the many reasons we have a chronic staffing

Which country has hosted Eurovision the most?

The longest heatwave How did the recent heatwave compare with that of 1976? That year, the temperature peaked at 35.9˚C at Cheltenham on 3 July. This did not even break the UK temperature record at the time – 36.7˚C recorded in Northamptonshire on 9 August 1911. No recording from 1976 currently features on the list of Britain’s ten hottest recorded days. By contrast, in 2022 temperatures peaked at 40.3˚C in Coningsby, Lincolnshire. – However, the 1976 heatwave was far more prolonged. Temperatures surpassed 90˚F (32.2˚C) somewhere in England on 15 consecutive days – a record which has never even nearly been surpassed. In 2022, temperatures exceeded 90˚F on just three

The Tories abandon fiscal conservatism at their peril

And then there were two. Rishi Sunak and Liz Truss now go to the membership. There’s much talk today about how brutal this contest will be. Penny Mordaunt’s supporters were arguing this morning that people should vote for her to avoid pitting these two against each other. But that would be false comfort. The argument between Liz Truss and Rishi Sunak is one that the Tory party needs to have. Fiscal responsibility has been the Tories’ anchor for years On one side stands Sunak, who I have known for many years. He cleaves to the old Thatcherite position that the first thing to do is to get inflation under control. He believes

The Conservative party has ceased to be serious

I’m not sure that the Conservative party wants to win elections. Tom Tugendhat was knocked out of the leadership contest on Monday, and Liz Truss is now the bookies’ favourite to be the next Prime Minister. Any party that thinks the latter beats the former cannot say it is serious. There are several reasons for Conservatives to ignore me on this topic. First, I’m not a Conservative. Second, Tugendhat and I are friends. Third, I take a view of party politics that seems to be utterly out of fashion these days. That view is that politics works better when parties try to win the other side’s votes. When Conservatives pursue

The third Tory leadership ballot – as it happened

The results of the third round of MPs voting to be the next Tory leader are in.  8.55 p.m. Has the Penny dropped? James Forsyth writes… Penny Mordaunt had a mixed night this evening. Her lead over Liz Truss is still in double figures, but she actually polled one fewer vote than she had on Thursday. In her statement tonight she heaps praise on Tom Tugendhat, saying they ‘are both committed to a clean start for the party’ and lauding him as ‘one of the strongest assets on the Conservative green benches.’ It also contains an implicit dig at the Truss campaign, with a declaration that she is ‘running a

Sam Leith

The latest Tory leadership debate was a grim spectacle

The eyes had it, in last night’s leadership debate. Penny Mordaunt and Rishi Sunak took turns directing to the camera a puppy-eyed gaze. Tom Tugendhat blinked manfully, as if overcome from time to time with a sense of his humble desire to serve. Kemi Badenoch blinked, too – but more in the way of someone regretting the decision to switch her specs out for contact lenses. And if Liz Truss – an apprentice of Mrs Thatcher’s gimlet-eyed stare – blinked at all, I confess I didn’t notice it. I was distracted by the fact that she seemed to have four eyebrows rather than the usual human ration of two. I