and i ve agreed with brady, the chairman of our back bench mps, that the process of choosing that new leader should begin now. and the timetable will be announced next week. and i have today appointed a cabinet to serve as i will until a new leader is in place. i ve tried to persuade my colleagues that it would be eccentric to deliver when we re only a handful of points behind the polls even in midterm after quite a few months of relentless sledging and when the economics scene is so difficult domestically and internationally. and i regret not to have been successful in those arguments and of course it is painful to be able to see through so many ideas and projects myself. but as we ve seen at westminster, the herd instinct is powerful and when the herd moves, it moves. and my friends, in politics no one is remotely indispensable. johnson spent days defying calls to step down from dozens of fellow members of his party. after a series of high-profile resignations from member
ethics and incompetence and petty immoralisms that dominated since he became prime minister. willie. ed, so let s talk about what comes next here. if this does go on for a few months into the fall, if boris johnson isn t going to step away in the immediate term, what is the summer look like in greater britain and who could we see as a rising candidate to be a successor? i believe it is entirely dominated by the leadership and the timing is not ideal. britain is the slowest growing g7 economy. it is the closest to recession. it is got almost double-digit inflation. so it is got the highest cost of
the uk as the fastest growing g7 economy, the fastest of the major economies as last year partly because it felt so much in 2020 at the height of the pandemic lockdown. the imf has been talking about the big policy dilemma which is how to support people through the large, expected increases in energy crisis, potentially £50 a month on bill and it should be targeted on the most vulnerable and that is in line where the treasury is as it has faced pressure from mps and looking at today s public finance figures better numbers for borrowing, saying they should delay the national insurance rise planned for april but the thinking is on targeting this and still costing many billions on those most vulnerable. the administrators for derby county are locked in emergency talks with the english football league over the championship club s future. quantuma, who had hoped to name a preferred bidder earlier this month, have just one week to show
point, the american economy is really growing rapidly. we are the fastest growing g7 economy right now. we ve cut taxes. we ve pushed back regulations. here is the president being frankly the strongest trade reformer in the past two decades which if we could overcome these unfair trading barriers would help our economy and the economy of the rest of the world. we talked to trudeau as i said in the bilateral. we were coming together beautifully. okay? and then he goes out there and pulls this amateur political opportunity. look, it is not personal. trudeau is a smart guy as i said. i was working with him. i call him prime minister. he calls me larry. i m taking notes. i m going back to potus to see if he will accept this stuff. is there going to be payback? is the i don t know anything about that. what i m saying is the president had every right, every right to push back publicly on this trudeau amateurist scheme intha