In the last few days, Jeremy Hunt has been appointed as Chancellor of the Exchequer. I welcome this very much. Jeremy is a fine individual and a great politician and I have supported him in his desire to become Leader of the Party in previous elections. Jeremy has set out some important changes to those set out in the mini-budget and the market reaction has been to see the pound rise and the cost of government borrowing fall. This suggests that the financial markets welcome these plans. This is good news and any earlier proposals are now history.
We have been in a turbulent period of time in politics and I have not commented on every twist and turn, preferring to wait until things settle a little. I hope that with the appointment of Jeremy Hunt as Chancellor this will be the case. As a Member of Parliament, and not a media reporter, I will not indulge in, or stoke, speculation at every twist and turn. Neither will I be dragged into the clamour for the removal of the Prime Minister. It does no good for individual parliamentarians to continue to push their own agenda. As regards calls for a General Election I do not believe that it would be in the best interests of the country to pursue this in such unsettled times.
We are in difficult times but the UK is not unique in this. We face the risk of a global recession and the war in Ukraine has far reaching implications. It is my belief that at such times we rally together rather than seek to divide. Sadly there are too many people who seek the latter path for personal gain.