(Reuters)00:18
We, we are living in extraordinary last six years. But this is, you know, and it’s absolutely extraordinary to have a Prime Minister out within two months. There’s nothing like it to compare with that in in in in the last 300 years when Britain’s had prime ministers. Nothing can be compared to this and it is an extraordinary collapse.
00:35
In authority and you know, trust came in with this big bold promises and then, you know, we’ve seen it. We’re out of power within within just over six weeks.
00:58
All we know about how the next leader is going to be chosen is that the the next leader will hopefully be in place by next Friday. Because two days later, the three days later, the government is due to deliver its fiscal statement and it would be extraordinary to have that delivered big ramifications for the markets if we didn’t know who was Prime Minister that that person who comes in will need to lay out.
01:19
Their economic vision. So we we don’t know precisely how the next leader will be chosen at the moment. We think the party members will be involved as they normally are and that it will be whittled down to two candidates and but we the the details of how that will work will need to be sort of delivered over the next few days really.
01:41
As a team, but we will succeed and deliver to the people of this country because you, you, you, you, you, you, you’re all here on your notes because you’ve worked incredibly positive and anybody in this.
01:58
Boris still has a massive support among the party membership and a lot of them are really angry that Boris was forced out of power before he finished his five years in office and wasn’t given the opportunity to fight another election. The problem is he’s he’s a very divisive character now. Within the Conservative Party there’s a large number of MP’s who who wouldn’t want him to return, and overhanging all of that is the fact that he is still facing.
02:27
An inquiry about whether he misled Parliament to have the extraordinary opportunity, if he did come back, that he then would be facing properly, possibly being suspended for Parliament and even kicked.
02:39
Out. But you know what? It won’t. There’s a cost to these things. The cost of higher inflation, higher mortgage rates, eroded savings. And you know what? This something for nothing. Economics isn’t conservative.
02:50
We’ve seen really over the last few weeks with trust, but even even back to the last few years, you see.
02:57
Extraordinary rows within Parliament about the direction that Britain should be heading. And if we have another government that has not won a general election, the possibility of more gridlock is highly likely. And that’s a big problem. I mean the businesses people are looking on at the UK thinking we’re a bit of a laughing stock at the moment. They they don’t know the direction of policy and that that that’s a really big issue. And the only way that that would really be resolved is if you have another election where somebody can come in win.
03:27
Banda and say, look, I have the support of the general public, but at the moment the Conservative Party does not want to hold a general election because they know that they’ve basically faced complete whiteout Wipeout.
resignation of British prime minister
