Rishi Sunak has become prime minister, a boring fiscal conservative. Similar instincts to the rest of his party but is inexperienced. At times he can be robotic and geeky, viewed as highly competent. Boring with a hint of dull is back in fashion. Boris promoted Rishi, hoping the treasury would be under n10 thumb. As it turns out treasury had other ideas and power remained untouched. Boris declined and Rishi climbed in terms of influence. Rishi was one of the first senior ministers to leave helping to oust Boris from power. In many ways, Rishi is a traditional conservative. Boris’s 2019 election coalition is different to traditional blue voters. Similar in being homeowners but they want more state intervention.
Pressure on political services means more demand for higher spending. Liz Truss asked the right questions but got the answers wrong. More growth would reduce the tax burden, policies needed for that require a mandate. UK badly needs planning reform and other supply side reforms. Not every reform is anti-worker. Bold radical tax reform is also needed to fund public services. Changes require need a mandate that Rishi lacks. Therefore, a general election is required but first Tories need to understand what they want to do. So far looks like more of the same.
Both main parties have an opportunity. Only question is do they want to take it and change the direction the UK is heading in.