The new PM will be discarded by the Tory right as soon as she stops serving her political purpose. / It will be years before we can fully account for the impact Brexit has had on the country, but the grave damage it has done to the Conservative Party is already clear. The only question is whether it’s fatal or not.

THE Tories, by the time sterling hit an all-time low of $1.0327 on Monday, had from their political driving seat seen a fall of nearly one-third in the pound’s value against the greenback since June 23, 2016.

The collapse of Liz Truss’s authority is the logical conclusion of the anti-EU cult that has wrecked Britain’s economy over the last six years. / When asked about Brexit, Carney managed to sound diplomatic while also lobbing a hand grenade. “Put it this way,” he said. “In 2016 the British economy was 90% the size of Germany’s. Now it is less than 70%.”

Only the reversal of Brexit can start to fix the state three prime ministers have left the country in.

A future leader will need to confront Brexiters in the same way Blair faced down the hard left over clause 4.

Not satisfied, though, the U.K.'s conservatives may look to replace her with... Boris Johnson.

The best Ireland can hope for in a Britain untethered from reality is a quiet deal on access to the EU, but we might have to wait.

Some experts link Liz Truss’s downfall to the ripple effect of Britain’s departure from the European Union and the bitter, ideologically opposed factions it created in her party.

Try and find an instance of the market reacting to tax cuts anywhere else on Earth the way it reacted to the UK’s mere mention of such a simple policy. The market usually loves tax cuts. Not this time. Why?

Brexit-induced labour shortages are going to be a limiting factor in the pursuit of growth, growth, growth

In recent months, British public opinion on the issue of Brexit has shifted. Many people in Britain are becoming more critical of Brexit.

Now the Conservative Party’s reputation for economic competence has cratered, Matthew Gwyther sees businesses getting increasingly politicised.

More than six years later, Trump’s rhetoric seems prescient for reasons he may not have intended. The right-wing populist shocks that hit both Britain and the United States in 2016 have exacerbated the internal dysfunctions within both countries’ right-wing parties.

Brexit is an existential threat to Conservatism. When it fails, the party will need to ask itself some searching questions.

Having been grossly misled in the referendum, Britons’ anger is mounting as the reality of our plight becomes clear.

As the final rites are played out, Chris Painter assesses the procession of Conservative Premierships since 2010 and their failure to articulate any coherent political project.

His admission that “Brexit has failed” shows once again that for Nigel Farage and the populist right, shifting the blame is second nature

Giles Merritt assesses British remorse for leaving the EU, and suggests that Brussels should weigh the advantages of a constructive new relationship.

The Tory Party has been taken over by cynics and fantasists, says former Telegraph editor Max Hastings – which is why he has decided to vote Labour.