History for all the wrong reasons. The shortest serving Prime Minister in british history. But what are the rest of us to make of it . We need a General Election now. There must be a General Election. We need another General Election. What is going on . He will be running. She is running. And he has come back from the caribbean claiming he has the backing to have a go. We have one big question this morning can any of them get a grip . This morning, werejoined live in the studio by one of the three contenders we invited on. Penny mordaunt is here. And the man leading the call for a General Election now, labour leader sir keir starmer. And a man who has been on a journey from deputy Prime Minister to borisjohnson to now supporting rishi sunak, dominic raab. Jacob rees mogg, who is a Boris Johnson evangelist. And away from british politics, ive been talking to ukraines defence minister, Oleksii Reznikov. With me listening to all the pitches this morning is former governor of the Bank Of England, mervyn king, Professorjane Green from Oxford University who will be talking us through the very latest polling and the former Conservative Party leader, sir Iain Duncan Smith. Good morning. A warm welcome to you, if youre watching here at home or away on bbc world. Extra points if you emailed us after last weeks show. You can do that any time at kuenssberg bbc. Co. Uk, or if you are social media inclined, use the hashtag bbclaurak. We do read them all and we will use some of them on the programme. Lets crack on. We are again waiting for the Conservative Party to make its mind up about its leader and our Prime Minister. Iam i am told rishi sunak will announce officially later today, and he and borisjohnson met officially later today, and he and Boris Johnson met face to face last night for what has been described to me as a friendly discussion. Contrary to some suggestions, it did not go on for hours and hours until extremely late but there is no sniff of what was agreed or not. Iain duncan smith, a former leader yourself and a significant voice in the party, have you made up your mind . ,. , � the party, have you made up your mind . Why the party, have you made up your mind . Why not . I the party, have you made up your. Mind . Why not . You mind . No, i havent. Why not . You know these mind . No, i havent. Why not . You know these people mind . No, i havent. Why not . You know these people very mind . No, i havent. Why not . You know these people very well. Mind . No, i havent. Why not . You know these people very well. Ive. Know these people very well. Ive been involved know these people very well. I� e been involved in 70 know these people very well. I� we been involved in 70 leadership campaigns, including my own, by the way, and run some, i have reached a stage with this one, really, where i didnt. I desperately want my party to settle down. In a way, it is not reallyjust about leadership. It is also about the wider party. Internally at the moment in the Conservative Party, Ijust Question whether any leader is going to be supported in quite the way they should be and that is one of the problems you have when you have been in power for problems you have when you have been in powerfor i2 problems you have when you have been in power for 12 years, problems you have when you have been in powerfor 12 years, is problems you have when you have been in power for 12 years, is that everybody starts thinking that they alone can save themselves and their seats because they are somehow different and they are going to be this, that and the other thing. The problem is right now, we have to decide whether or not we are going to make a go of this last two years in the run to the election, or not. Therefore, if we are going to pick somebody now, we have to pick someone we will get behind and that is it. We have a big challenge, huge economic issues, big issues around the war in europe, real problems as a result of the lockdown which are damaging every country in the developed world. Damaging every country in the developed world. Damaging every country in the develo ed world. A, ,. ,. , ~ developed world. Maybe you will make u. Developed world. Maybe you will make u our developed world. Maybe you will make up your mind developed world. Maybe you will make on your mind on developed world. Maybe you will make up your mind on the developed world. Maybe you will make up your mind on the programme developed world. Maybe you will make up your mind on the programme this. Up your mind on the programme this morning. Lets look at the front pages, which no surprise, splashed on many of them, images of Boris Johnson coming back into the country, claiming he has the support to run, the Sunday Express says boris is back, others taking a very different view, the observer saying the top Tories Sayjohnson Return would risk the death of the party. Interestingly, on the telegraph and some of the other papers, calls for the two men to unite butjane green, looking at the polling, how much damage has the last month or so dun . It is extraordinary, it is absolutely extraordinary, if you look absolutely extraordinary, if you look at absolutely extraordinary, if you look at the polls, you see the labour look at the polls, you see the labour party around 30 ahead, which is. Labour party around 30 ahead, which ism its labour party around 30 ahead, which ism its really labour party around 30 ahead, which is. Its really huge, i mean, this is. Its really huge, i mean, this is really. Is. Its really huge, i mean, this is really, really significant and of course, is really, really significant and of course, li2 is really, really significant and of course, liz truss own Personal Ratings course, liz truss own Personal Ratings were historically low and meanwhile, the real concern to the public meanwhile, the real concern to the public is meanwhile, the real concern to the public is the meanwhile, the real concern to the public is the economy. It is all of these public is the economy. It is all of these Public Sector issues. Not a leadership campaign. These Public Sector issues. Not a leadership campaign. Have you ever seen anything leadership campaign. Have you ever seen anything like leadership campaign. Have you ever seen anything like it, leadership campaign. Have you ever seen anything like it, that leadership campaign. Have you ever seen anything like it, that the seen anything like it, that the level of drop in support . I seen anything like it, that the level of drop in support . I think i have not seen level of drop in support . I think i have not seen anything level of drop in support . I think i have not seen anything quite level of drop in support . I think i have not seen anything quite like that, have not seen anything quite like that, you have not seen anything quite like that, you know, but we can look back at different that, you know, but we can look back at different Historic Events and think at different Historic Events and think about the big moments that shaped think about the big moments that shaped politics, you know, these kind ofm shaped politics, you know, these kind of. Like black wednesday, we often kind of. Like black wednesday, we often cite kind of. Like black wednesday, we often cite that because it was so important often cite that because it was so important for the conservative brand, important for the conservative brand, it important for the conservative brand, it was such an important moment brand, it was such an important moment which made many people question moment which made many people question the conservatives plus economic question the conservatives plus economic competence and it has so many economic competence and it has so many resonances with that particular moment many resonances with that particular moment. And many resonances with that particular moment. �. ,. ,. ,. , moment. And a profound moment oliticall moment. And a profound moment politically and moment. And a profound moment politically and economically, moment. And a profound moment politically and economically, lord | politically and economically, lord king. Does it seem to you as if the markets are the ones who have been in charge because it seems to a lot of people they basically bullied Liz Truss Out of office with of people they basically bullied Liz Truss Out of office witt of people they basically bullied Liz Truss Out of office with markets are not in charge. Truss out of office with markets are not in charge, government truss out of office with markets are not in charge, government and not in charge, government and centrai not in charge, government and Central Banks not in charge, government and Central Banks are not in charge, government and Central Banks are under not in charge, government and i Central Banks are under markets respond Central Banks are under markets respond to Central Banks are under markets respond to the Central Banks are under markets respond to the announcements. Central banks are under markets respond to the announcements made by government respond to the announcements made by government and respond to the announcements made by government and central respond to the announcements made by government and Central Banks respond to the announcements made by government and Central Banks and government and Central Banks and centrai government and Central Banks and Central Banks government and Central Banks and Central Banks have government and Central Banks and Central Banks have lost government and Central Banks and Central Banks have lost Control Government and Central Banks and Central Banks have lost control of. Central banks have lost control of inflation, Central Banks have lost control of inflation, the Central Banks have lost control of inflation, the Government Central banks have lost control of inflation, the government has. Central banks have lost control ofl inflation, the government has lost control inflation, the government has lost control of inflation, the government has lost control of the inflation, the government has lost control of the public inflation, the government has lost control of the public finance, inflation, the government has lost control of the public finance, not i control of the public finance, not surprising control of the public finance, not surprising that control of the public finance, not surprising that markets control of the public finance, not surprising that Markets Respondl control of the public finance, not l surprising that markets respond to that surprising that markets respond to that. �. , surprising that markets respond to that. , surprising that markets respond to that. � , that. And whose responsibility was it is both the that. And whose responsibility was it is both the central that. And whose responsibility was it is both the central bank that. And whose responsibility was it is both the central bank and that. And whose responsibility was it is both the central bank and the | it is both the central bank and the government does control . I it is both the central bank and the government does control . It is both the central bank and the government does control . I think all Central Banks government does control . I think all Central Banks in government does control . I think all Central Banks in the government does control . I think all Central Banks in the west, Central Banks in the west, interestingly, Central Banks in the west, interestingly, have Central Banks in the west, interestingly, have made. Central banks in the west,. Interestingly, have made the Central Banks in the west, interestingly, have made the west, interestingly. Interestingly, have made the west, interestingly, have interestingly, have made the west, interestingly, have made interestingly, have made the west, interestingly, have made this interestingly, have made the west, interestingly, have made this a interestingly, have made this a mistake. Interestingly, have made this a mistake, during interestingly, have made this a mistake, during covid, interestingly, have made this a mistake, during covid, when i interestingly, have made this a. Mistake, during covid, when the economy mistake, during covid, when the economy was mistake, during covid, when the economy was contracting mistake, during covid, when thel economy was contracting because mistake, during covid, when the economy was contracting because of lockdown, economy was contracting because of lockdown, Central Economy was contracting because of lockdown, Central Banks economy was contracting because of lockdown, Central Banks decided economy was contracting because of lockdown, Central Banks decided it l lockdown, Central Banks decided it was a lockdown, Central Banks decided it was a good lockdown, Central Banks decided it was a good time lockdown, Central Banks decided it was a good time to lockdown, Central Banks decided it was a good time to print lockdown, Central Banks decided it was a good time to print a lockdown, Central Banks decided it was a good time to print a lot lockdown, Central Banks decided it was a good time to print a lot of. Was a good time to print a lot of money was a good time to print a lot of money and was a good time to print a lot of money and that was a good time to print a lot of money and that was was a good time to print a lot of money and that was inflation,. Was a good time to print a lot of. Money and that was inflation, you had too money and that was inflation, you had too much money and that was inflation, you had too much money money and that was inflation, you had too much Money Chasing money and that was inflation, you had too much Money Chasing tool money and that was inflation, you i had too much Money Chasing too few goods had too much Money Chasing too few goods and had too much Money Chasing too few goods and the had too much Money Chasing too few goods and the result had too much Money Chasing too few goods and the result was had too much Money Chasing too few goods and the result was inflation,. Goods and the result was inflation, that was goods and the result was inflation, that was predictable, goods and the result was inflation, that was predictable, it goods and the result was inflation, that was predictable, it was that was predictable, it was predicted that was predictable, it was predicted and that was predictable, it was predicted and it that was predictable, it was predicted and it happened. I that was predictable, it was predicted and it happened. That is one problem predicted and it happened. That is one problem we predicted and it happened. That is one problem we have predicted and it happened. That is one problem we have to predicted and it happened. That is one problem we have to try predicted and it happened. That is one problem we have to try to predicted and it happened. That is one problem we have to try to geti one problem we have to try to get out of one problem we have to try to get out of but one problem we have to try to get out of but the one problem we have to try to get out of. But the public one problem we have to try to get out of. But the public financ