Monday 24 October 2022

Rishi Sunak is the new Prime Minister.

 Rishi Sunak is the new Prime Minister

It had none of the glamour or razzamatazz of Tony Blair's arrival at 10 Downing Street, the pioneering and radical spirit of Margaret Thatcher, the tobacco and pipe of Harold Wilson nor the cheerful confidence of a smiling Edward Heath but Rishi Sunak will, we must hope, bring his own very special qualities to the office of Prime Minister.

Today Sunak as has now been well reported, is the first Asian Prime Minister to hold this most of unenviable of jobs and now a man entrusted with the ultimate responsibility of taking charge of the least coveted of political positions. The last couple of weeks or so have totally drained the country of every ounce of energy and our engagement with those who wish to lead the country with honour has now been soured by a whole sequence of financial misjudgments and irrational thinking.

But the man who became one of the most prominent figures at Goldman Sachs and clearly knows his times table, multiplication, division, long division and has an obvious prowess with money, will now enter 10 Downing Street as one of the most immensely knowledgeable figures in the world of high finance. This man certainly knows his way around company audits, balance sheets and bewildering columns of numbers with his eyes shut so a now embattled economy can now see a much clearer view of the future.

And yet the country is still wrestling with doubts, anxieties, scepticism and nothing but negativity. You'd have thought we'd chosen the right person for the job by now since most of the nation seems to have been held hostage by sniping critics and those who maintain that the country is still going to hell in a handcart. But the naysayers and whingers are reigning supreme and there are so many grievances, end of the world declarations in the air that you'd have been forgiven for thinking that the world is disappearing down a very dark tunnel and never likely to recover at any time shortly.

Some of us are beginning to wonder whether we'll ever find that perfect combination of intelligent leadership and sensible financial prudence so essential to those who aspire to live at 10 Downing Street. Sunak seemed the most likely candidate for the job even before Liz Truss had got her feet under the table. But Sunak was pushed back into second place and little did we know then that the Tory party were just at sixes and sevens, dithering, fumbling and just gambling on the best-case scenario.

Within a fortnight the Tories have imploded, exploded and now finds themselves desperate for resurrection in a way that might just haul the country back from the precipice. The facts and figures will stare out at Sunak from the moment he gets out his calculator and then restores some kind of credibility when all would appear lost. Interest rates are soaring into the stratosphere and remnants of the shambles left behind by the previous Chancellor Kwasi Kwarteng still remind you of a scientific experiment that went dreadfully wrong.

For now though Sunak has quite obviously called for both unity and stability, time for a sharp intake of breath and no panic. There is no need for a series of emergency measures to paper over the cracks but it does seem clear that if Sunak can't re-discover the feelgood factor and the promise of sun lit uplands then we're probably back at square one. There is a sense here that we are now at a critical point in the country's economic fortunes. We could go in this direction as opposed to the other but then decisions could be made that still leave a bitter taste in the mouth.

It is at this point that the combined forces of the opposing Labour party now decide to air their objections. Of course, they want a General Election because they're convinced that only Labour are capable of formulating brilliant economic policies. They would, wouldn't they? But the problem is that we are now in the land of childish petulance, a world littered with pointless jealousy and envy. Labour has now been the Shadow opposition for well over a decade and any sense of injustice and resentment is perfectly understandable. Sadly, though Sir Keir Starmer, their leader, may not have the credentials for Number 10 anyway because there's something missing and they can't put their finger on it.

So here we are on the day Rashi Sunak became the new Prime Minister of the United Kingdom. We all remember the last time a Tory prime minister outstayed their welcome. Margaret Thatcher was booted out of 10 Downing Street by the Doc Martins and leather jackets of the Tory bovver boys. They told her to go in no uncertain terms and she reluctantly accepted her fate. Sunak, for his part, is the youngest Prime Minister of recent times and there are bound to be teething problems but there are those of us who are just heartily sick and tired of all this nonsensical bleating and whining. At some point things have to settle down and sound commonsense prevail. For those of us demanding some kind of clarity and resolution, things may have to get worse before they get any better. It's over to you Rishi. 

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