London Daily

Focus on the big picture.
Friday, Feb 27, 2026

Many Tory MPs are doom-laden - what will they do next?

Many Tory MPs are doom-laden - what will they do next?

Credibility is one of the most prized assets in politics.
When it drains away, dredging it back is difficult, often impossible.

The mood among Conservative MPs is bleak, doom-laden, fatalistic.

Most I speak to are convinced the last month and a bit means losing the next election is a near certainty.

It's now about minimising their losses, they fear.

This pessimism - justified or otherwise - could help to shape the psychology of what happens next, how they act.

In the short term, their focus this weekend will be on the performance of the new chancellor, Jeremy Hunt, who is talking to BBC Breakfast and Radio 4's Today Programme among others, and will then spend his time in the Treasury meeting officials and being briefed on the job ahead.

Just imagine the mugging up he has to do.

In a fortnight, he'll be the front man for the government's economic statement that could determine whether we end up with another new prime minister before Christmas.

He is steeped in Conservative politics, has held high office and is widely seen within the party as a decent bloke.

He also backed Rishi Sunak for the leadership and is now in a massive job in the Truss administration, which didn't exactly initially go out of its way to hire those who'd backed her opponent.

Meanwhile, in the WhatsApp groups and on the phones, in the corridors and the bars, the chatter among Tory MPs about what to do next is everywhere.

For all the noise you'll have heard about, remember this: there are those who say, hang on a minute, Liz Truss must be given time. Ousting her would be a ridiculous. And a "coronation", as one described it - the party at Westminster stitching things up behind their chosen one - would be wrong, undemocratic and literally incredible.

It seems to me that after the party conference, while many, many Conservative MPs were in the doldrums about Liz Truss, plenty felt it would look absurd if they were to move against her.

Now, many still accept that, but are concluding absurdity might be better than the alternative.

Among those who think a change will become necessary, there is widespread acceptance the party couldn't "spend months faffing about" over it as one put it to me - in other words asking party members all over the country what they think, as happened in the summer.

Which brings us back to that idea of a "coronation".

Some take issue with that word, because they say it wouldn't be that - any new leader would have to command the support of the parliamentary party.

But what would have to happen is the party being willing to coalesce around a single figure, supported by a wider team representing the party's different wings - a Conservative government of all the talents, if you like.

Some are sceptical that can happen.

"You've got to remember that some of my colleagues are so ambitious, even inheriting dust is something they'd want to do", says one backbencher about the landscape Liz Truss's successor would inherit, and the difficulty of persuading plenty of fellow Conservatives to turn off their aspiration gene.

So how might a party far from united unite around a single candidate, and who might they be?

Well, there is Rishi Sunak, someone else who can call themselves a former chancellor, and the man Liz Truss beat for the leadership.

Then there is Penny Mordaunt, also beaten to the job in the summer by Liz Truss.

Penny Mordaunt is now in the cabinet.

And then there's a bloke you may just remember: Boris Johnson. What does he choose to say, or do, in the coming days, weeks, months? Does he stay quiet? Precedent suggests that's not his natural inclination. Does he endorse someone? Is it too soon for him to attempt some sort of comeback? Almost certainly. But who knows.

And that's the key point this weekend.

Liz Truss is in office, but far from in control.

No one knows what is going to happen next, how this will play out.
Newsletter

Related Articles

0:00
0:00
Close
UK Government Reaches Framework Agreement on Release of Mandelson Vetting Files
UK Police Contracts With Israeli Surveillance Firms Spark Debate Over Ethics and Oversight
United Airlines Passenger Hears Cockpit Conversations After Accessing In-Flight Audio Channel
Spain to Conduct Border Checks on Gibraltar Arrivals Under New Post-Brexit Framework
Engie Shares Jump After $14 Billion Agreement to Acquire UK Power Grid Assets
BNP Paribas Overtakes Goldman Sachs in UK Investment Banking League Tables
Geothermal Project to Power Ten Thousand Homes Marks UK Renewable Energy Milestone
UK Visa Grants Drop Nineteen Percent in 2025 as Migration Controls Tighten
Barclays and Jefferies Among Banks Exposed to Collapse of UK Mortgage Lender MFS
UK Asylum Applications Edge Down in 2025 Despite Rise in Small Boat Crossings
Jefferies Reports Significant Exposure After Collapse of UK Lender MFS
FTSE 100 Reaches Fresh Record Highs as Major Share Buybacks and Earnings Lift London Stocks
So, what's happened is, I think, government policy, not just under Labour, but under the Conservatives as well, has driven a lot of small landlords out of business.
Larry Summers, the former U.S. Treasury Secretary, is resigning from Harvard University as fallout continues over his ties to Jeffrey Epstein.
U.S. stocks ended higher on Wednesday, with the Dow gaining about six-tenths of a percent, the S&P 500 adding eight-tenths of a percent, and the tech-heavy Nasdaq climbing roughly one-and-a-quarter percent.
From fears of AI-fuelled unemployment to Big Tech's record investment, this is AI Weekly.
Apple just dropped iOS 26.4.
US Lawmakers Seek Briefing from UK Over Reported Encryption Order Directed at Apple
UK Business Secretary Calls on EU to Remove Trade Barriers Hindering Growth
Legal Pathways for Removing Prince Andrew from Britain’s Line of Succession Examined
PM Netanyahu welcome India PM Narendra Modi to Israel
Shadow Diplomacy: How Harry and Meghan’s Jordan Trip Undermines the Monarchy
Sir Jim Ratcliffe, co-owner of Manchester United, comments on immigration in the UK.
Bill Gates, the UN and the WEF are attempting to construct "a giant digital gulag for all of humanity" via digital ID, CBDCs and vaccine passport infrastructure.
Britain’s Channel Crisis: Paying Billions While the Boats Keep Coming
Downing Street’s Veteran Deception Scandal
UK HealthCare Expands ‘Food as Health’ Initiative Statewide to Tackle Chronic Illness in Kentucky
Leonardo Chief Says UK Set to Decide on New Medium Helicopter Programme
UK Slows Chagos Islands Agreement After Concerns Raised in Washington
European and UK Stock Markets Reach Fresh Highs as Banks and Miners Lead Rally
UK Government Insists Chagos Islands Negotiations Continue After Minister’s ‘Pause’ Remark
No Confirmed Deal for Engie to Acquire UK Power Networks Amid Market Speculation
UK Reaffirms Updated Entry Requirements for Travellers as of February 25, 2026
General Atlantic to sell equity stake in ByteDance, valuing the company at $550 billion
German Chancellor Friedrich Merz Secures Pledge from China for Greater Imports of Quality Goods
Lord Mandelson Condemns Arrest as Driven by ‘Baseless Suggestion’ He Would Flee Abroad
Former UK Ambassador Released on Bail Following Arrest in Epstein-Linked Investigation
UK Parliament Orders Release of Former Prince Andrew’s Government Vetting Files
Reddit Fined £14 Million by UK Regulator Over Failures in Age Verification Controls
UK Moves to Tighten Regulation of Netflix, Disney+ and Prime Video Under New Media Rules
British Woman Who Reported Rape in Hong Kong Faces Possible Prosecution
'Christianity is the religion that has made this country great.'
Man Receives Parking Ticket 38 Years After Offense: ‘City Officials Said It’s Legitimate’
Woman Receives Gift Card for Christmas – Discovers It Is ‘Worth’ 63,000,000,000,000,000 Pounds
UK Sanctions New Zealand Insurer Maritime Mutual Following Allegations Over Russian Oil Cover
Reform MP Danny Kruger Condemns UK’s ‘Unregulated Sexual Economy’ in Call for Tougher Controls
The Show Must Go On: Prince William and Kate Middleton Shine at the BAFTAs Amid Andrew’s Arrest
UK Sanctions Russian ‘Illicit Oil Traders’ After Email Blunder Exposes Sanctions Evasion Network
Russia Amplifies Baseless Claims That UK and France Plan to Arm Ukraine with Nuclear Weapons
UK Imposes Sanctions on Two Georgian Television Channels Over Alleged Russian Disinformation
×