The last few weeks have damaged the UK and the reputation of the Conservative party

The polls show where this is headed, and it will take years to repair the harm done to the economy

Kwasi Kwarteng's anything-but-mini budget was one of the most dramatic shifts in UK economic policy that we have ever seen - a bigger change, perhaps, than if Boris Johnson had been succeeded by Keir Starmer rather than Liz Truss.

The new government is focused on the right objective - to increase the underlying rate of growth in the UK economy, which has been too low since the global financial crisis. If we don't find a way to address this, successive governments are going to be faced with a choice between not adequately funding public services or doing so at the price of a growing and politically unpopular tax burden. Increasing the growth rate will make politics easier whether you are on the centre-right or centre-left.