If Boris Johnson secures a place on the final ballot to be Tory leader and party members make him prime minister again, the recently suntanned MP for Uxbridge and South Ruislip will find himself in a situation that is unrecognisable from the post-Brexit, pre-pandemic era that marked the high point of his three years and 44 days in No 10.
In January 2020, Britain was poised to benefit from pent-up demand, especially from the business community, held back by four years of uncertainty about the UK’s relationship with the European Union.
After 10 years of austerity, there was money to level up the regions and improve public services. Whoever takes the reins in Downing Street next week will be confronted by a very different economic outlook.
Liz Truss’s flawed mini-budget has made a difficult situation – coming out of the pandemic, and coping with the fallout from Brexit and the Russian invasion of Ukraine – even more difficult. All…