
The in-tray facing the next Conservative leader and Prime Minister is heaving. The first priority must be to ensure market confidence, the very issue which ultimately saw the end of Liz Truss.
Britain is reliant on the kindness of strangers to make ends meet. When we lose their confidence, as happened in the last few weeks, the entire system — political and economic — becomes highly unstable. The country must demonstrate that it has a plan to put our finances on a sustainable footing, and the medium-term fiscal statement will be a critical staging post.