Skip to content
Sunday 13 September 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,650.44
+0.39%
DAX
25,568.56
+0.82%
CAC 40
8,179.77
+0.78%
STOXX 50
6,325.13
+0.90%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Sunday 14 August 2022 5:57 pm

Leadership contest doing little to inspire confidence in any plan for growth

By: Morning Wire Editorial and Andy Silvester

Add as a preferred source on Google
Westminster Awaits Release Of Report Into No10 Lockdown Parties
There's now a void to be filled in No10. (Photo by Leon Neal/Getty Images)

If Queen of Pop Madonna was living in a material world, it is hard to shake the feeling that our prospective Kings or Queens of Westminster are living in something of a fantasy world. After almost a month of this interminable Tory leadership contest, which every day seems to somehow inspire less confidence, we are left with only the faintest outline of piecemeal policies that will break Britain out of what is most evidently a rut.

The weekend’s newspapers were full of colourful tales of a zombie Government, squabbling campaigns and a Conservative party turning its fire on each other. The first would have been avoided with a shorter election timetable (or perhaps had the Prime Minister been remotely interested in carrying on after resigning). The second is a sign of the absurdity of the Tory party yet again selecting the next Prime Minister largely on the grounds of who can say ‘Britain’s best days lie ahead’ with the greater level of conviction; this may be true, but it will require some almighty work to get there, and no doubt some unpopular decisions too. The third is a result of a political party so obsessed with winning elections that it seems to have summarily failed to think of anything to do with the power it holds so dear.

Perhaps it is optimistic to think that there was space in this contest for a wider discussion of Britain’s ills – a housing shortage chief amongst them – or of Britain’s future path outside of the European Union. If there was such space, there is now none; the next two to three weeks of this campaign will be dominated by rumours about who will get the big jobs. Who will be our next Chancellor? Frankly, we’re not sure why any of them would want the gig.

This campaign will surprise us: a political squabble might well become a bigger discussion about what sort of government Britain will have for decades to come. At the moment it is hard to imagine – and it is to Britain’s detriment that we are here yet again, for the third time in six years.

Read more

Labour takes narrow lead over Reform as donation row wounds Farage

Andy Burnham, Mayor of Greater Manchester, smiling and wearing glasses outdoors.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Opinion

Categories

  • Politics

Trending Articles

  • Wetherspoon boss: ‘Not up to Burnham’ to choose who is on the high street 

  • Primark sales slip as owner dresses up retailer for demerger

  • Badger Beer maker Hall & Woodhouse doubles profit ahead of tie-up with James May

  • Crystal Palace owner Blitzer part of £1bn mega stadium redevelopment

  • Barclays faces legal scrutiny over role in £90m ‘Ponzi scheme within a Ponzi scheme’

More from Morning Wire

  • Labour takes narrow lead over Reform as donation row wounds Farage

    Politics
    Andy Burnham, Mayor of Greater Manchester, smiling and wearing glasses outdoors.
  • Burnham bounce: PM gets popularity boost – at Farage’s expense

    Politics
    Andy Burnham laughing outdoors in a candid moment, May 2026, capturing a lighthearted political event atmosphere.
  • Badenoch bets on experience as Griffith and Tugendhat claim shadow cabinet top spots

    Politics
    Shadow business secretary Andrew Griffith has said he would make it easier for small businesses to open bank accounts. (Photo by Dan Kitwood/Getty Images)
  • Tory and Labour councillors spar over £300m Hammersmith Bridge plans

    Politics
    Hammersmith Bridge spanning the River Thames, surrounded by lush greenery and clear blue skies, capturing its iconic archi...
  • ‘Misleading’ Frasers ad banned amid feud with watchdog 

    Retail
    Sports Direct store sign with anti-pigeon spikes, showcasing the blue and red branding of the retail giant.
  • Burnham says the government is central to his ‘triple helix’ plan for growth

    Politics
    Andy Burnham leaves 10 Downing Street, holding a red folder, in a navy suit and white tie
  • Burnham’s presidential summer is over

    Politics
    Andy Burnham smiling and holding a pint of beer and a smartphone in a pub setting
  • This Is the Moment Everything Changed: Ascensia Launches Global Art and Photography Competition for World Diabetes Day

    Business Wire
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook