Florence Eshalomi responding to Rishi Sunak in the Commons this afternoon:
“I thank the Right Honourable gentleman for the work that he’s done, and [it’s] really good to see that he continues to be an active constituency MP…”
Is there another ex-PM who took a different approach recently? Guido couldn’t help noticing Angela Rayner’s smirk…
Former Treasury minister and adviser to Burnham in the Makerfield campaign Lord Jim O’Neill, who has turned down a role in his government, said Burnham’s first statement Commons was:
“The last thing investors wanted to hear… gilt yields have risen by a 0.25% in one day, which is a lot. We’ve not had that since Liz Truss days… If your country is under the focus of ‘can they come up with a sensible fiscal strategy’ on a day when the markets think ‘well no, you’re not showing any sign of it’ you’re going to have a tough day…if it stays like this your mortgage rate is going up.”