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As we can't trust what many of the principal players in this farce are telling us, we may have to wait for their memoirs to know precisely what happened.One thing that does seem certain now is that Johnson's (the unflushable turd as OFCOM has confirmed it is okay to call him) political career is over. The bitterness towards him from the ERG who blame him for effectively blocking the candidacy of a right wing candidate to put up against Sunak (laughably that probably would have been Braverman) means he has burnt his boats with them.The only other group of any meaningful size who supported him were the red wall MPs who assumed he would add about 5 percentage points to their vote and revive their slim hope of hanging on. Professor John Curtace was doing the media rounds pointing out that this was a sad delusion.One question that remains open is did he really have the hundred votes needed. Despite claims that this has been verified, the numbers suggest not. If he really did, Penny Mordaunt would have had no problem getting to one hundred as most of Johnson's claimed 102 supporters would have switched to her and there were still another hundred or so undeclared who she could have expected to have picked up a reasonable number.Most Johnson supporters will have openly declared for him because of pressure from their constituency association. There isn't really a good reason why any MP would have not publically declared for him.What I've head from more than one person is that, whether Johnson had the votes or not, it was made very clear to him that he would have been unable to form a government. With defections, sex scandals and forthcoming ennoblements he would have taken over with a notional majority of 60 but there were significantly more than 30 Conservative MPs who regarded him as unfit to govern and were intending to stand down or knew that they would lose their seat at the next election. Therefore, they would have been indifferent to losing the Tory whip.This would mean that King Charles could not have been given an assurance that Johnson would have been able to form a government. A full blown constitutional crisis would have followed as it is well known that Johnson and Charles don't get on and the buffoon's cultish followers would blame the Monarch for what was happening.Johnson seems certain to lose in Uxbridge and his plan would have been to get himself a safe seat so at least he could remain in parliament after most of his colleagues were ousted in 2024.Now he is likely to resume a life of holidays and highly paid public speaking engagements to cover the cost of his divorce, maintenance payments for his many children, pay offs for former mistresses and the expensive tastes of his current wife.I suspect he will be secretly quite grateful if the privileges committee find him guilty of knowingly misleading the house (which we all know he did and apparently they have compelling evidence to prove) meaning that he is relieved of the burden of having to represent the good people of Uxbridge (who we know he despises any way).The unflushable turd will finally be flushed.

Francis Rowe ● 1426d

At least two posters on this thread have referred to the austerity programmes of the Conservative Government. This austerity narrative is one that opposition parties are increasingly peddling. Following the global financial crisis in 2008 (when we had a Labour Government) austerity/retrenchment programmes were put in place across the western world. The incoming Cameron led Coalition in 2010 had little alternative but to continue a policy of fiscal and monetary restraint.It is a feature of human beings that they must always have someone to blame regardless of the facts. The Cameron Government ring fenced certain areas of public expenditure (e.g. NHS and Overseas Aid) and protected their budgets. Spending on the NHS has increased year on year in nominal and real terms. There was a big increase due to Covid. Spending on Defence has been flat lining for over a decade.The demand for health care and social services is ever expanding due to demographic (i.e. we are living longer) and technological reasons (i.e. we can do more). To fund this taxes have to up and despite what many people think there are just not enough rich people to bridge the gap. What do you mean by rich anyway; Head Teachers, Judges, Police Commissioners, Surgeons, Medical Consultants and Trade Union Leaders?We have been unable to grow our economy or increase the productivity of our work force significantly since 2010. If Labour, The SNP or the Liberals have any magic solutions then we should listen to them. However our post-war economic history is littered with plans that have failed Trussonomics is just the latest one to hit the buffers. The fiscal and monetary restraint shown by Conservative Governments meant that we were able to fund the massive government expenditure required to deal with Covid. The huge increase in debt that was racked up was only possible because HMG was trusted. Truss of course blew all this out of the water with her unfunded "go for growth" strategy.Her measures have been at least partially reversed but we are left with the backwash and of course the ongoing Covid issues (battered NHS and depleted work force). The war in the Ukraine is disrupting world trade and forcing up fuel and food prices. Any government would have to deal with these problems.Blaming Tory Austerity just does not wash. The facts do not fit the narrative.   

Sam Hearn ● 1426d

Richard, rather than relying on something overheard why not just look up the actual numbers which are easy enough to find. German inflation for September is 10% about the same as ours.Nobody is saying that being in the EU protects a country from the current inflation which is primarily driven by higher fuel and food prices. The problem that is becoming increasingly stark for the UK is our poor trade performance. This has resulted in our economic growth which is less than half of the EU's since Brexit.The compensation for the UK was meant to be much better trade arrangements with other countries outside the EU. We know this is definitely not going to happen with the US, probably not going to happen with China. We may get something with India but that will probably boil down to a much more liberal visa regime in return for reduced tariffs on whiskey. Good news in itself as it will help us deal with chronic skill shortages but probably won't be enough to reverse our underperformance.The OBR estimates that Brexit has cost us 4% of GDP which is more than Covid now. We wouldn't necessarily get all of that back if we rejoined but it would be a huge shot in the arm and there would be nothing to stop us continuing the deal with India as well. That we would no longer be required to pay the 'divorce bill' would also make a meaningful difference to our debt position.Our 10 year bond yields are also about 1.5% percentage points above Germany's and around 0.8% above France's. Pre-Brexit we could have been expected to have been between the two. If we reverted to that level our borrowing costs would fall significantly and much of that could be ploughed back into services. If we fail to generate growth the yield premium for gilts will start to grow again and there will be the reverse effect.

Francis Rowe ● 1426d