Economist Duncan Weldon and the New Statesman’s polling expert explore how Brexit and austerity have damaged the UK economy and set the stage for Liz Truss’s “mismanagement.”

Observers suggest PM’s failure could spell end of ‘wishful thinking’ of a sovereign Britain going its own way. / Six years on from the Brexit referendum, continental observers have become used to Westminster meltdowns – but many see in the latest cataclysm the inevitable finale of a project that was always divorced from reality.

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

Even voices on the Right acknowledge this fact, says Paul Vallely. / THERE have been so many U-turns recently that you might be forgiven for having missed this one. The Daily Telegraph ran a piece at the weekend headlined: “Project Fear was right all along.”

NPR's Sacha Pfeiffer talks with Financial Times political editor George Parker about the continuing effects Brexit has had on U.K. politics and the economy.

For a small band of libertarians, Liz Truss’ resignation is the final act in an 11-year project to remake Britain.

Conservative Party ‘drained of all substance and competence’.

A Welsh politics professor has said that “Brexit has devoured its own children” after the Conservative party lost four Prime Ministers since the vote in 2016.

The economic costs of Brexit were masked by the Covid-19 pandemic and the crisis in Ukraine. Now the effects have become clear.

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

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

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%.”

Ryanair boss Michael O'Leary on Tuesday described the economic situation in Britain as a "car crash" caused by the country's vote to leave the European Union in 2016.

Disastrous mini-budget has seen Britain become gag line on the international stage.

The former chancellor also described Liz Truss as a 'Pino' - Prime Minister in name only on the Andrew Neil Show.

Conservatism is an enduring and honourable political creed that has been debased and discredited by incompetent extremists.

Less than two weeks after her government plunged the markets into crisis with a disastrous budget, Prime Minister Liz Truss used her closing speech at the Conservative Party conference to blame the meltdown on a nebulous anti-growth coalition.

Many Conservative party members will be wondering where they go from here. / There is talk of damage limitation and trying to save as many seats as possible in the next election.

International delivery firm ParcelHero says August’s £800m fall in EU trade adds to the UK’s economic woes.

Liz Truss becoming Prime Minister is the end of what little hope remained that the Northern Ireland Protocol Bill would be scrapped.

One of the supposed ‘benefits’ of Brexit was the ‘bonfire of Brussels red-tape‘ which was promised by libertarian Brexiteers. Two weeks into the administration of Liz Truss, the new government announced that they were planning to revoke 570 environmental laws which, in order to continue environmental protections, were rolled over from EU law after Brexit.

The government's Brexit legislation is not being properly scrutinised because MPs are failing to turn up to parliamentary sessions about it, it has been claimed.

Former Prime Minister Boris Johnson met Indian leader Narendra Modi in April and set an ambitious target to sign the free trade agreement (FTA) by Diwali later this month. / Recently, Braverman said that she had doubts regarding the deal as it would increase immigration to the UK even as Truss is eager to sign an agreement with India by Diwali, on October 24.

The imaginary enemy is back.